Markets

Regional Stock Exchanges Partner with EBRD to Strengthen Capital Markets

November 19, 2024

Regional Stock Exchanges Partner with EBRD to Strengthen Capital Markets

Seven Central European stock exchanges and the European Bank for Reconstruction and Development (EBRD) have signed a memorandum of understanding in Bratislava to jointly develop regional capital markets. The initiative focuses on expanding primary markets, enhancing retail investor participation, integrating regional markets, and supporting long-term economic growth, particularly for small and medium-sized enterprises (SMEs).

Revolut Expands Crypto Exchange to 30 European Markets

November 13, 2024

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Revolut Expands Crypto Exchange to 30 European Markets

UK-based neobank Revolut is expanding its crypto trading platform, Revolut X, to 30 markets across Europe. Originally launched in the UK in May, this standalone platform is designed for experienced crypto traders. Revolut’s move reflects the growing interest among fintechs and traditional financial institutions in the crypto sector, with companies like PayPal, Stripe, and BlackRock also exploring digital asset services.

Philips Experiences Largest Stock Market Drop in 26 Years

October 28, 2024

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Philips Experiences Largest Stock Market Drop in 26 Years

Philips saw a sharp decline in its stock price, falling by up to 17.1%, after revising its 2024 sales growth forecast from a potential 5% to a more modest 1.5%. Weaker demand from China was the main factor behind the lowered outlook, causing its biggest market drop since 1998.

L'Oréal Shares Drop to Their Lowest Level in Nearly Two Years

October 23, 2024

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L'Oréal Shares Drop to Their Lowest Level in Nearly Two Years

L'Oréal shares have plummeted to their lowest level since January 2023, driven by disappointing sales figures, particularly in the North Asia region. Weighed down by a slowdown in China, the company's overall performance has led to a significant drop in its stock value on the Paris Stock Exchange.

ASML Shares Plummet on AEX After Early Leak of Disappointing Quarterly Results

October 15, 2024

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ASML Shares Plummet on AEX After Early Leak of Disappointing Quarterly Results

ASML's quarterly figures were accidentally leaked ahead of schedule, revealing a dramatic decline in order inflows. The unexpected news sent the company's stock tumbling by over 15% on the AEX, further rattling investors as ASML downgraded its revenue expectations for 2025 amid a sluggish recovery in the global chip market.

UK Stocks See Second Consecutive Week of Declines

October 14, 2024

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UK Stocks See Second Consecutive Week of Declines

UK stocks closed out their second straight week of declines, with the FTSE 100 dropping 0.3% and the FTSE 250 down 1% for the week. Weakness in industrial metal miners, a decline in Sainsbury’s shares, and a disappointing lack of economic stimulus from China contributed to the negative trend, despite a small rise in the UK economy in August.

Romania's Stock Market Soars 40%, Among World's Best in 2024

September 3, 2024

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Romania's Stock Market Soars 40%, Among World's Best in 2024

Romania's stock market, led by the Bucharest BET index, has surged nearly 40% in the past year, driven by growing investor interest and expectations of more companies going public. This growth positions Romania as one of the best-performing markets globally.

Burberry and EasyJet Face Potential FTSE 100 Relegation Amid Financial Struggles

September 2, 2024

Min

Burberry and EasyJet Face Potential FTSE 100 Relegation Amid Financial Struggles

Burberry and EasyJet, two prominent UK companies, are facing the possibility of relegation from the prestigious FTSE 100 index. Burberry has been struggling with declining sales and strategic challenges, while EasyJet has been impacted by price wars in the airline industry. The final decision on the FTSE 100 reshuffle will be announced on September 4th