Why did he go up? Why down? Some explanations on the unusual variations which affect the actions on the session of the day. Only when they are reliable and documented: we avoid telling nonsense as much as possible. Variations are taken at the time of writing the article. Note that many markets are closed today for Pentecost.
Rising
- Dr. Martens (+8%): The dossier is still surfing on the good results published last week, which earned it a +19.6% on Wednesday. On Thursday and Friday, UK equity markets were closed for the Queen’s Jubilee.
- Oxford Nanopore (+7%): the British laboratory offers a technical rebound after two sessions of sharp decline. It should be noted that Barclays had reduced its price target from 700 to 500 GBp on May 31, which had weighed heavily on the stock.
- Prosus (+5%): The group is benefiting from the rebound in Chinese technology stocks, after Beijing stopped its investigation targeting Didi, according to the Wall Street Journal. Investors interpret this as a signal that China could be less punitive towards its digital champions.
- Outokumpu (+5%): Rumors of rapprochement between Aperam and Acerinox boost 3e European thief of the sector. At the same time, Crédit Suisse went from neutral to outperformance, targeting EUR 6.90. The analyst thinks that the price / potential ratio is interesting at the moment, because the market seems to be judging the Finn’s earnings trajectory too harshly.
- Melrose (+4.4%): The Briton has announced that it has agreed to sell its Ergotron ergonomic products unit to funds managed by The Sterling Group for around $650m in cash.
- Delivery Hero (+7%): The share did not suffer at all from the announcement of its exit from the DAX in favor of Beiersdorf. It must be said that the market is regaining its appetite for technology and that the positive news for Didi is helping to boost the sector.
- Airbus (+2.5%): Jefferies maintained its buy recommendation with a target reduced from 150 to 145 EUR. Despite everything, the design office makes the title the best choice in the sector. “Near-term production challenges not expected to overshadow Airbus’ potential to double EBIT by 2025“, says analyst Chloé Lemarié.
Falling
- Saint-Gobain (-3%): The group releases its dividend of EUR 1.63, payable on June 8. It is therefore a simple technical adjustment of the title and not a drop.
Zonebourse.com 2022
