Netherlands stocks higher at close of trade; AEX up 0.51%

Investing.com

Advanced Micro Devices

-0.80%

Summary:

Investing.com – Netherlands stocks were higher after the close on Wednesday, as gains in the Technology, Industrials and Oil & Gas...

Investing.com – Netherlands stocks were higher after the close on Wednesday, as gains in the Technology, Industrials and Oil & Gas sectors led shares higher.

At the close in Amsterdam, the AEX gained 0.51%.

The best performers of the session on the AEX were ASM International NV (AS:ASMI), which rose 3.72% or 17.80 points to trade at 496.40 at the close. Meanwhile, BE Semiconductor Industries NV (AS:BESI) added 3.50% or 4.60 points to end at 135.95 and ASML Holding NV (AS:ASML) was up 2.59% or 24.30 points to 963.40 in late trade.

The worst performers of the session were Inpost SA (AS:INPST), which fell 2.21% or 0.22 points to trade at 9.73 at the close. ABN AMRO Group NV (AS:ABNd) declined 1.94% or 0.58 points to end at 29.37 and ArcelorMittal SA (AS:MT) was down 1.93% or 0.72 points to 36.60.

Rising stocks outnumbered declining ones on the Amsterdam Stock Exchange by 52 to 45 and 8 ended unchanged.

Shares in ASML Holding NV (AS:ASML) rose to 52-week highs; rising 2.59% or 24.30 to 963.40.

The AEX Volatility, which measures the implied volatility of AEX options, was unchanged 0.00% to 21.09.

Crude oil for January delivery was up 0.72% or 0.42 to $59.06 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 0.48% or 0.30 to hit $62.75 a barrel, while the February Gold Futures contract rose 0.44% or 18.60 to trade at $4,239.40 a troy ounce.

EUR/USD was unchanged 0.28% to 1.17, while EUR/GBP fell 0.57% to 0.87.

The US Dollar Index Futures was down 0.39% at 98.91.

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Dj Paypal Stock Drops. The Cfo Delivers A Sobering Outlook. - Barrons.Com

Reuters

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PayPal Stock Drops. The CFO Delivers a Sobering Outlook. — Barrons.com

Dow Jones Newswires

By Nate Wolf

PayPal Holdings expects growth in its key branded checkout service to slow in the fourth quarter, its financial chief said on Wednesday.

The stock dropped 2.9% to $61.11 after gaining to start the day. Shares are down 29% this year, dragged lower by years of sluggish revenue and earnings growth.

At a UBS investor conference, CFO Jamie Miller said the payments company's branded checkout service, which allows merchants to convert sales through PayPal, could grow "at least a couple of points slower" than it did in the third quarter.

Online-only branded checkout volume grew 5% in the third quarter from the year before. That figure was in line with previous quarters. Miller suggested suggest that number could drop to 3% or less.

PayPal is keeping its guidance for the fourth quarter despite the possible slowdown in branded checkout growth. The company has seen signs of strength in other areas, Miller said.

"If you look beyond just branded checkout, you see really nice growth across Venmo, across Buy Now, Pay Later, across our debit card offering, and across our processing business," Miller told investors. "And we've done that with a lot of operating discipline."

In midday trading, PayPal's rivals were up. Block, which owns competitor brands Cash App and Square, climbed 3.4%. Alphabet and Apple, which offer Google Pay and Apple Pay, respectively, were up 1.3% and 0.1%.

Write to Nate Wolf at nate.wolf@barrons.com

This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.

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Italy stocks higher at close of trade; Investing.com Italy 40 up 0.02%

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Advanced Micro Devices

Investing.com – Italy stocks were higher after the close on Wednesday, as gains in the Technology, Telecoms and Oil & Gas sectors led shares higher.

At the close in Milan, the Investing.com Italy 40 added 0.02%.

The best performers of the session on the Investing.com Italy 40 were Stellantis NV (BIT:STLAM), which rose 7.70% or 0.70 points to trade at 9.83 at the close. Meanwhile, STMicroelectronics (BIT:STMMI) added 5.65% or 1.14 points to end at 21.32 and Saipem SpA (BIT:SPMI) was up 2.97% or 0.07 points to 2.36 in late trade.

The worst performers of the session were Lottomatica Group SpA (BIT:LTMC), which fell 3.10% or 0.70 points to trade at 21.90 at the close. Prysmian SpA (BIT:PRY) declined 2.55% or 2.16 points to end at 82.60 and Italgas SpA (BIT:IG) was down 2.17% or 0.21 points to 9.47.

Rising stocks outnumbered declining ones on the Milan Stock Exchange by 336 to 307 and 54 ended unchanged.

Crude oil for January delivery was up 0.67% or 0.39 to $59.03 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 0.45% or 0.28 to hit $62.73 a barrel, while the February Gold Futures contract rose 0.39% or 16.40 to trade at $4,237.20 a troy ounce.

EUR/USD was unchanged 0.29% to 1.17, while EUR/GBP unchanged 0.56% to 0.87.

The US Dollar Index Futures was down 0.40% at 98.90.

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Germany stocks mixed at close of trade; DAX down 0.12%

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Advanced Micro Devices

Investing.com – Germany stocks were mixed after the close on Wednesday, as gains in the Technology, Utilities and Food & Beverages sectors led shares higher while losses in the Construction, Chemicals and Insurance sectors led shares lower.

At the close in Frankfurt, the DAX lost 0.12%, while the MDAX index lost 0.71%, and the TecDAX index gained 0.32%.

The best performers of the session on the DAX were Airbus Group SE (ETR:AIRG), which rose 3.92% or 7.48 points to trade at 198.06 at the close. Meanwhile, E.ON SE (ETR:EONGn) added 3.43% or 0.52 points to end at 15.83 and Infineon Technologies AG NA O.N. (ETR:IFXGn) was up 2.70% or 0.96 points to 36.74 in late trade.

The worst performers of the session were Commerzbank AG O.N. (ETR:CBKG), which fell 2.89% or 1.00 points to trade at 33.58 at the close. Mercedes Benz Group AG (ETR:MBGn) declined 2.67% or 1.58 points to end at 57.65 and BASF SE NA O.N. (ETR:BASFN) was down 2.08% or 0.94 points to 44.22.

The top performers on the MDAX were AUTO1 Group SE (ETR:AG1G) which rose 4.77% to 24.58, Sartorius AG VZO O.N. (ETR:SATG_p) which was up 4.23% to settle at 258.70 and Dr Ing hc F Porsche AG Preferred (ETR:P911_p) which gained 2.23% to close at 44.89.

The worst performers were Hugo Boss AG NA O.N. (ETR:BOSSn) which was down 9.86% to 35.29 in late trade, Thyssenkrupp AG O.N. (ETR:TKAG) which lost 8.89% to settle at 8.88 and Aroundtown Property Holdings PLC (ETR:AT1) which was down 4.00% to 2.74 at the close.

The top performers on the TecDAX were SUSS MicroTec SE (ETR:SMHNn) which rose 7.37% to 36.42, SMA Solar Technology AG (ETR:S92G) which was up 5.41% to settle at 35.06 and Sartorius AG VZO O.N. (ETR:SATG_p) which gained 4.23% to close at 258.70.

The worst performers were Nemetschek AG O.N. (ETR:NEKG) which was down 1.99% to 93.75 in late trade, Qiagen NV (ETR:QIA) which lost 1.20% to settle at 39.92 and Deutsche Telekom AG Na (ETR:DTEGn) which was down 1.16% to 27.20 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 325 to 314 and 25 ended unchanged.

Shares in SMA Solar Technology AG (ETR:S92G) rose to 52-week highs; rising 5.41% or 1.80 to 35.06.

The DAX volatility index, which measures the implied volatility of DAX options, was down 2.10% to 17.32.

Gold Futures for February delivery was up 0.38% or 16.05 to $4,236.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 0.68% or 0.40 to hit $59.04 a barrel, while the February Brent oil contract rose 0.45% or 0.28 to trade at $62.73 a barrel.

EUR/USD was unchanged 0.30% to 1.17, while EUR/GBP unchanged 0.56% to 0.87.

The US Dollar Index Futures was down 0.40% at 98.90.

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France stocks higher at close of trade; CAC 40 up 0.16%

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Advanced Micro Devices

Investing.com – France stocks were higher after the close on Wednesday, as gains in the Technology, Utilities and Oil & Gas sectors led shares higher.

At the close in Paris, the CAC 40 rose 0.16%, while the SBF 120 index gained 0.11%.

The best performers of the session on the CAC 40 were Stellantis NV (EPA:STLAM), which rose 7.64% or 0.70 points to trade at 9.82 at the close. Meanwhile, STMicroelectronics NV (EPA:STMPA) added 5.75% or 1.16 points to end at 21.33 and Airbus Group SE (EPA:AIR) was up 4.00% or 7.62 points to 198.12 in late trade.

The worst performers of the session were Vinci SA (EPA:SGEF), which fell 2.01% or 2.45 points to trade at 119.40 at the close. ArcelorMittal SA (AS:MT) declined 1.93% or 0.72 points to end at 36.60 and Eurofins Scientific SE (EPA:EUFI) was down 1.31% or 0.78 points to 58.58.

The top performers on the SBF 120 were Stellantis NV (EPA:STLAM) which rose 7.64% to 9.82, Atos SE (EPA:ATOS) which was up 5.91% to settle at 47.83 and STMicroelectronics NV (EPA:STMPA) which gained 5.75% to close at 21.33.

The worst performers were Eutelsat Communications SA (EPA:ETL) which was down 5.71% to 1.97 in late trade, Lectra SA (EPA:LECS) which lost 4.24% to settle at 23.70 and Solutions 30 SE (EPA:S30) which was down 4.12% to 0.91 at the close.

Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 271 to 218 and 79 ended unchanged.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was unchanged 0.00% to 18.96 a new 52-week high.

Gold Futures for February delivery was up 0.37% or 15.80 to $4,236.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 0.65% or 0.38 to hit $59.02 a barrel, while the February Brent oil contract rose 0.43% or 0.27 to trade at $62.72 a barrel.

EUR/USD was unchanged 0.30% to 1.17, while EUR/GBP fell 0.57% to 0.87.

The US Dollar Index Futures was down 0.41% at 98.89.

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Belgium stocks lower at close of trade; BEL 20 down 0.30%

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Advanced Micro Devices

Investing.com – Belgium stocks were lower after the close on Wednesday, as losses in the Consumer Goods, Financials and Industrials sectors led shares lower.

At the close in Brussels, the BEL 20 declined 0.30%.

The best performers of the session on the BEL 20 were Melexis NV (EBR:MLXS), which rose 4.77% or 2.55 points to trade at 56.00 at the close. Meanwhile, Argen-X (EBR:ARGX) added 2.25% or 17.60 points to end at 799.00 and Umicore SA (EBR:UMI) was up 1.10% or 0.17 points to 15.60 in late trade.

The worst performers of the session were D’Ieteren NV (EBR:IETB), which fell 2.10% or 3.10 points to trade at 144.50 at the close. Warehouses de Pauw Comm VA (EBR:WDPP) declined 1.62% or 0.36 points to end at 21.82 and UCB SA (EBR:UCB) was down 1.32% or 3.20 points to 239.80.

Falling stocks outnumbered advancing ones on the Brussels Stock Exchange by 56 to 45 and 8 ended unchanged.

Gold Futures for February delivery was up 0.40% or 17.00 to $4,237.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 0.67% or 0.39 to hit $59.03 a barrel, while the February Brent oil contract rose 0.45% or 0.28 to trade at $62.73 a barrel.

EUR/USD was unchanged 0.29% to 1.17, while EUR/GBP fell 0.57% to 0.87.

The US Dollar Index Futures was down 0.41% at 98.89.

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