STOCK MARKET – Stocks to watch in Paris and Europe (updated) – 08/12/2022 at 08:58

(Updated with GSK, change of advice on Sodexo)

* Change in futures contracts on the CAC 40 0#FCE index:

* Change in Stoxx 600 0#FXXP index futures:

* Securities traded ex-dividend .EX.PA

* Update on European .EUFR markets

PARIS, Aug 12 (Reuters) – Stocks to watch on Friday at the Paris Stock Exchange and across Europe where futures pointed to a stable open:

* EDF EDF.PA, shareholder of Madrilena Red de Gas’ (MRG) via its subsidiary EDF Invest, is preparing to put up for sale the Spanish gas distribution network together with the other owners of the company aiming to acquire up to two billion euros. in this operation, say three sources familiar with the matter. ID: nL8N2ZN728

* GSK GSK.L announced on Thursday that the US FDA and the European Medicines Agency have concluded that there is no evidence of a causal link between the active ingredient ranitidine in Zantac and the development of cancer. The group has lost 15% over the last two sessions and Sanofi more than 11%, hit by fears that lawsuits against Zantac will lead to costly decisions.

➦ BEARS-Sanofi and GSK fall, legal fears over Zantac

* NOVARTIS NOVN.S announced on Thursday the death of two patients from acute liver failure following treatment of spinal muscular atrophy with Zolgensma gene therapy.

* ROCHE ROG.S received the green light from the FDA for its drug Xofluza to treat influenza in children aged five and over.

* SANOFI SASY.PA – Deutsche Bank raises its recommendation to “hold” from “sell”.

* SODEXO EXHO.PA – BNP Paribas raises its recommendation to “outperform”.

See also  the ultimatum given to companies to sign their contract

* TF1 TFFP.PA – Barclays lowers its recommendation to “underweight” from “overweight”.

* EUTELSAT ETL.PA – JPMorgan lowers its recommendation to “underweight” from “neutral”.


(Writing by Laetitia Volga, Editing by Kate Entringer)



Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Social Media

Most Popular

On Key

Related Posts