Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Euronext Amsterdam  >  ASM International    ASM   NL0000334118

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

French stocks slip in flat European market as vote nears

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/21/2017 | 06:09pm CEST
The German share prize index (DAX) board is seen at the trading room of Frankfurt's stock exchange

French blue-chip stocks underperformed other European benchmark indexes on Friday as investors retreated from risky bets ahead of the too-close-to-call first round of France's presidential election.

The CAC <.FCHI> fell 0.4 percent, while the pan-European STOXX <.STOXX> index added 0.1 percent. On the week they were down slightly but both indexes are less than 2 percent below their highest level this year hit last week.

"So far markets have been pretty sanguine in the face of the (French) presidential election, which was flagged as one of the potential banana skins for markets in this year," Hargreaves Lansdown senior analyst, Laith Khalaf, said.

"There may be a bit of political weariness among investors, but also they may just be thinking that, actually, they’re not going to place market bets based on political events, and that would be an entirely sensible strategy," he said.

Among French standout movers, Danone (>> Danone) was the biggest faller on the CAC 40, down 2.5 percent after reporting first-quarter sales figures.

French banks Societe Generale (>> Société Générale) and BNP Paribas (>> BNP Paribas) extended the previous session's gains, rising 1.7 percent and 2.2 percent respectively.

Banking stocks <.SX7P>, which are seen as benefiting from the victory of a mainstream candidate in the French vote, were the biggest sectoral gainers in Europe, up 0.7 percent, while basic resources stocks <.SXPP> ended flat after gaining initially on the back of slight gains in copper prices.

Earnings and deal-making drove stock price moves elsewhere, including a jump of 7.9 percent for Software AG (>> Software AG), making the shares the STOXX 600's top gainer, after reporting first-quarter results. Software's quarterly core profit declined less than expected.

Tech sector peer ASM International (>> ASM International) rose 3.7 percent after Natixis raised its target price.

Europe's earnings season kicks off in earnest next week with Credit Suisse (>> Credit Suisse Group AG), UBS (>> UBS Group AG) and SAP (>> SAP SE) among those reporting results.

European first quarter earnings are expected to increase 7.2 percent from the first quarter of 2016, according to Thomson Reuters I/B/E/S data. Excluding the energy sector, this would be a rise of 2.9 percent.

Engineering firm WS Atkins (>> WS Atkins PLC) gained 6.1 percent after Canada's SNC-Lavalin Group (>> Snc-Lavalin Group Inc) said it would buy the firm for C$3.6 billion, firming up this month's indicative offer.

Among other standouts, Orkla (>> Orkla ASA) fell 3.2 percent after going ex-dividend, while a downgrade from Panmure weighed on SSP Group's shares (>> SSP Group PLC).

Oil stocks <.SXEP> were a drag, falling 0.8 percent as crude prices retreated. [O/L]

(Additional reporting by Danilo Masoni; Editing by Jeremy Gaunt)

By Kit Rees

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on ASM INTERNATIONAL
04/25 ASM PACIFIC TECHNOLOGY : controlling holder places 4.9% stake
04/24 ASM INTERNATIONAL : N.v. raises € 248 million from 5% stake sale in asmpt
04/24 ASM INTERNATIONAL : N.v. announces intention to sell partial stake of approximat..
04/21 French stocks slip in flat European market as vote nears
04/20 ASM INTERNATIONAL : N.v. reports first quarter 2017 results
04/17ASM INTERNATIONAL NV (AMSTERDAM) : quaterly earnings release
04/10 ASM INTERNATIONAL : N.v. announces availability of agm materials
04/07 ASM INTERNATIONAL : N.v. announces availability and timing of the first quarter ..
03/31 Semiconductor CVD Equipment Market 2017 - Applied Materials, Lam Research, To..
03/31 Epitaxy Deposition Market 2017 - IQE, AIXTRON, LAM Research, Tokyo Electron, ..
More news
Sector news : Semiconductor Machinery Manufacturing
04/21 U.S. and Indonesia seek to cut trade and investment barriers
04/21 U.S. and Indonesia seek to cut trade and investment barriers
03/31 Investors bet on a quiet tech revolution in Europe
03/08 ASML : Credit Suisse executive investigated for suspected insider trading in Tai..
01/18 European shares retreat as Pearson plummets
More sector news : Semiconductor Machinery Manufacturing
News from SeekingAlpha
04/20 ASM International reports Q1 results
03/02 ASM International reports Q4 results
2016 ASM International's (ASMIY) CEO Chuck del Prado on Q3 2016 Results - Earnings..
2016 ASM International reports Q3 results
2016 Lam Research's Next Acquisition Opportunity
Advertisement
Financials (€)
Sales 2017 689 M
EBIT 2017 114 M
Net income 2017 172 M
Finance 2017 434 M
Yield 2017 1,50%
P/E ratio 2017 20,40
P/E ratio 2018 17,89
EV / Sales 2017 4,49x
EV / Sales 2018 4,02x
Capitalization 3 525 M
More Financials
Chart ASM INTERNATIONAL
Duration : Period :
ASM International Technical Analysis Chart | ASM | NL0000334118 | 4-Traders
Full-screen chart
Technical analysis trends ASM INTERNATIONAL
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 11
Average target price 56,7 €
Spread / Average Target 2,6%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Charles Dean del Prado President & Chief Executive Officer
Jan C. Lobbezoo Chairman-Supervisory Board
Bruce Ragsdale Vice President-Global Operations
Petrus Antonius Mari van Bommel Chief Financial Officer
Ivo J. M. M. Raaijmakers CTO, Director-Research & Development
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
ASM INTERNATIONAL26.75%3 840
APPLIED MATERIALS, INC..25.84%43 852
DISCO CORPORATION24.52%5 666
BE SEMICONDUCTOR51.58%2 092
NAURA TECHNOLOGY GROUP..--.--%1 662
BEIJING JINGYUNTONG TE..-21.07%1 629
More Results