Market Updates
Pharma Shares Drag France
Elena
27 Mar, 2006
New York City
-
European averages traded below the flat line at mid-day on merger speculations. The French CAC 40 dropped 0.3% with Sanofi-Aventis falling 0.7% on agreement to buy part of a generics drug maker, while Thomson rallied 7.8% on news it would be acquired by private equity firms. The German DAX 30 fell 0.1% and London FTSE 100 lost 0.1% on weak oil shares.
[R] 8:00 AM European averages traded lower on deal talk.[/R]
European markets lost ground at mid-day, hurt by takeover speculation. The French CAC 40 was the most notable decliner as pharmaceutical shares were dragged down by a 0.7% loss of Sanofi-Aventis shares after the company agreed to buy part of generics drug maker. Meanwhile electronics maker Thomson advanced 7.8% on bid speculation. The German DAX 30 fell 0.1% and London FTSE 100 fell 0.1%, dragged by weak oil shares and London Stock Exchange, down 1.6% on deal talk.
[R]7:45AM Asian markets broadly advanced. Australian shares hit a new high.[/R]
Asian-Pacific benchmarks finished mostly in the positive at the start of a week, heavily loaded with economic data. The Nikkei climbed 0.5% to 16,650.10, supported by property developers and consumer-related stocks, including Mitsubishi Estate, Sumitomo Realty, and Toyota Motor. Australia All Ordinaries hit a new high, rising 1% to 5,088.1, reflecting merger activity and strength among resource stocks like BHP Billiton and Rio Tinto. Among other regional markets, South Korea’s Kospi gained 0.7% on tech stocks, led by Samsung Electronics, Taiwan Weighted index rose 0.7%, and Hong Kong’s Hang Seng added 0.6%
Annual Returns
| Company | Ticker | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|
Earnings
| Company | Ticker | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|