PSB Industries (PSB) Decline -2.64% on Apr 16 - Thorold News

Shares of PSB Industries (EPA:PSB) last traded at 33.2, representing a move of -2.64%, or -0.9 per share, on volume of 421 shares. After opening the trading day at 33.9, shares of PSB Industries traded in a close range. PSB Industries currently has a total float of 3.65 million shares and on average sees 1,772 shares exchange hands each day. The stock now has a 52-week low of 25.9 and high of 37.7.

French Stock Market: A European Prowess

France is not just all about the unparalleled gastronomic experience nor the beautiful destinations. It is also acknowledged for being one of Europe’s pride on the economic front. It is also a special market place for PSB Industries. With a thriving corporate sector, France surely has an interesting economy as well.

France’s Equity Market

Euronext Paris, which was formerly known as Paris Bourse, is the main stock exchange in France. It is part of Euronext, a pan-European stock exchange across five European cities including Paris, London, Lisbon, Brussels, and Amsterdam.

Euronext was established on September 22, 2000, creating the first pan-European stock exchange from the merger of the Amsterdam Stock Exchange, the Brussels Stock Exchange, and the Paris Bourse in an effort to leverage the European Union (EU) economy. In 2002, the Bolsa de Valores de Lisboa was integrated into the union, further strengthening one of Europe’s biggest stock exchanges.

Developing very quickly it helped many companies like PSB Industries to find their investors. As of the first quarter of 2014, Euronext has a total market capitalization of €1.60 trillion with over 1,000 companies listed on it.

The leading indices on Euronext include PSI 20, Next 150, Euronext 100, CAC 40, BEL 20, AScX, AMX, and AEX.

CAC 40 is the index measuring the 40 most valuable companies listed on Euronext Paris. Unlike the leading index in the US, the Dow Jones Industrial Average— a price-weighted index, CAC 40 is a free-float modified capitalization-weighted index since December 1, 2003. Prior to this, its components are measured based on total market capitalization.

CAC 40 derives its name from an old automation system of Euronext Paris. Its base value of 1,000 has been set on December 31, 1987.

CAC 40 had recorded its all-time high 16 years ago, closing at 6,922.33 on September 4, 2000. It had an intraday high of 6,944.77 during the said session. On the other hand, its all-time low of 893.22 was last seen in January 1988. At present, CAC 40 is trading at around 4,000. And PSB Industries is the part of this trading.

The components of CAC 40 are reviewed and determined every quarter by the Index Steering Committee. The reviews happen every third Friday of March, June, September, and December. Companies listed on Euronext Paris are ranked based on free-float market valuation and share turnover in the 12 months prior. Their weights are limited to 15% during review to prevent the occurrence of index heavyweight. From the top 100 companies, 40 companies will be picked to compose CAC 40.

Trading in France

France has one of the longest regular trading sessions in the world. Trading on Euronext Paris begins at 6:01 a.m. and ends at 7:59 p.m. The movement is in 0.50 increments. Among most brokers, the margin requirement is 2%. Meanwhile, the minimum trade size requirement is an index. Euro is the main currency on Euronext Paris.

France is one of the richest economies in Europe, which is why betting on its growth prospects is an ideal move for investors. CAC 40 lives up to global stock exchange standards that can truly reward meaningful investments. Some of investments go to the PSB Industries directly.

More notable recent PSB Industries (EPA:PSB) news were published by: Theguardian.com which released: “Grenfell Tower’s smoke ventilation system ‘failed days before fire’ – The Guardian” on June 05, 2018, also Qz.com with their article: “Consolidation of public banks: Is it better for India to have bigger but fewer banks? – Quartz India” published on June 20, 2017, Wsj.com published: “At Facebook, Median Pay Tops $240,000 – The Wall Street Journal” on April 02, 2018. More interesting news about PSB Industries (EPA:PSB) were released by: Usatoday.com and their article: “Poll: Majority of people believe SCOTUS is split into parties – USA TODAY” published on March 17, 2017 as well as Time.com‘s news article titled: “Eduardo Campos Death Shocks Brazil – TIME” with publication date: August 13, 2014.

PSB Industries manufactures and sells packaging and specialty chemical products in France and internationally. The company has market cap of 121.23 million EUR. The firm develops, industrializes, and produces plastic packaging products, including caps and closures, mascaras, lip glosses, jars, compacts, high-end surface treatments, etc. for the beauty and spirit markets; and provides plastic packaging solutions to the food and retail markets, such as food trays, blister packs, thermoformed packaging, and clamshells. It has a 1.57 P/E ratio. It also offers plastic packages as primary and secondary parts comprising technical parts, bioabsorbable screws, catheters, orthopedic joints, closures, blister packs, trays, wedging materials, etc. for the healthcare and hygiene markets; and produces ultra-pure alumina powders and formulations, as well as other fine oxides and composites, such as spinel, ZTA, YAG, and ceria for technical ceramics, precision polishing, crystals, and additives/coatings applications.

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CENOTEC Co., Ltd. (222420) Soars 0.69% on Apr 16 - The EN Bulletin

Shares of CENOTEC Co., Ltd. (KOSDAQ:222420) last traded at 2200, representing a move of 0.69%, or 15 per share, on volume of 133,908 shares. After opening the trading day at 2200, shares of CENOTEC Co., Ltd. traded in a close range. CENOTEC Co., Ltd. currently has a total float of shares and on average sees 119,210 shares exchange hands each day. The stock now has a 52-week low of 2145 and high of 3510.

South Korea: Korea Composite Stock Price Index (KOSPI)

Korea Composite Stock Price Index (KOSPI) tracks the daily performance of all the stocks on the Stock Market Division of the Korea Exchange. Including CENOTEC Co., Ltd. shares. That makes it a key indicator of the health of Korean equities.

KOSPI replaced Korea Composite Stock Price Index (KCSPI), which was styled like the Dow Jones of the U.S.The base value of KOSPI was set at 100 points in January1980, though the index wasn’t published until 1983.

KOSPI reached its largest single-day percentage gain of 8.50% (or 23.81 points) on June 17, 1998. That move came at a time when investors were returning to undervalued Asian stocks after a period of financial crisis in the Asian region that started in Thailand. They turned attention to the validity of CENOTEC Co., Ltd. stocks. The record one-day gain helped KOSPI to recoup most of what it lost during the financial crisis.

However, a few years later KOSPI would record its largest single-day decline of 12.02% (or 64.97 points) on September 12, 2001. But the record one-day decline had much to do with investor panic reaction as it came on the wake of the terror attack in the U.S., popularly known as 9/11. The terror attack cause global panic and triggered widespread stock losses.

KOSPI hit a lifetime low of 93.10 points in January 1981, but recovered steadily over the years to reach a lifetime high of 2228.96 in May 2011.

2000 points milestone

KOSPI moved below 1000 points for many years and only managed to reach the 2000 milestone in July 2007.

Sub-indices

KOSPI has more than 700 constituents. But the broader index has multiple more sharply focused sub-indices under its umbrella. For example, there are sub-indices thattrack the top 200 companies, top 100 companies and top 50 companies in South Korea’s stock market based on market capitalization. Being in the list of KOSPI gives CENOTEC Co., Ltd. more bonuses.

KOSPI 200, which is the index of the 200 largest companies on Korea’s stock market, tends to move in tandem with the broader all share index KOSPI. That is mainly because KOSPI 200 makes up more than 70% of KOSPI on market capitalization measure. KOSPI 200 is an investible index as it is listed on options and futures markets. Furthermore,KOSPI 200 is one of the world’s most traded indices.

KOSPI 200 was set up with a base value of 100 points. The narrow index first breached the 100 points mark in April 2007. But the index hit its all-time low of 31.96 points in June 1998, around the time Asia was facing one of its worst financial crises.

KOSPI 100 is the index of top 100 largest companies listed on the Korea’s stock market. Its constituents are also components of KOSPI 200.

Appetite for Korea stocks

Domestic and foreign investors are attracted to South Korea stocks as they look to grow wealth while betting on the country’s vibrant export economy. CENOTEC Co., Ltd. attracts their attention. Retail investors have particularly been jostling for a piece of South Korean equities in the recent times amid bullish economic outlook for the Asian region. Asia-Pacific is projected to account for 26% of the world’s financial wealth by 2019, up from 24% in 2014.Improving corporate governance issues is another attraction to Korea stocks. Authorities in several Asian markets are tightening corporate regulations to make the region attract for foreign direct investment.

CENOTEC Co., Ltd. manufactures and sells grinding media, zirconia, zircon powder, and ceramic materials. The company has market cap of $. It offers yttria stabilized zirconia beads for applications in automobile paints and inks; horizontal mills and basket mills; electronic ceramics, foods, cosmetics, and pharmaceutical products; fine particles; and industries requiring nano-sized particles. It currently has negative earnings. The firm also provides ceria stabilized zirconia beads for vertical and horizontal mills, the production of high-viscosity paints and inks, TiO2 makers, aqueous agricultural chemicals, and the production of pigments and dyes; and alumina toughened zirconia beads for high pressure and high speed grinding machines.

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Asset manager roundup: Generali backs ex-Pioneer staff's multi-asset firm - IPE.com

Italy’s largest asset manager has backed an Italian boutique investment company established by four former Amundi and Pioneer Investments staff.

Generali has taken a majority stake in ThreeSixty Investments, which runs multi-asset strategies for private and institutional clients. It has also pledged support for ThreeSixty’s first fund launch with a €1bn “strategic capital” investment.

ThreeSixty was set up by four former Pioneer Investments staff: Giordano Lombardo, former Pioneer CEO; Mauro Ratto, who was previously Pioneer’s head of emerging markets; Diego Franzin, ex-head of equities at Pioneer and Amundi; and Robert Richardson, former head of Pioneer’s operations in Ireland.

The quartet left Pioneer after it was acquired by asset management giant Amundi in 2017.

Giordano Lombardo, CEO of Milan-based ThreeSixty Investments, said: “We believe that the future of active asset management lies in a new, integrated approach, beyond the distinction between traditional and alternative assets.

“Our aim is to align completely to the goals of investors, integrating all sources of return in a common total return framework. The partnership with Generali, with its long-term commitment, is ideal to build a new approach to multi-asset investing.”

Generali’s head office in Trieste, Italy

Carlo Trabattoni, head of Generali Investments Partners, added: “The main objective of the partnership is to build high quality products for clients – whether institutional or private – with a very clear positioning on the market. We believe that the distinctive multi-asset strategy that is being developed by the new asset management company is fully responding to this ambition.” 

Generali has restructured its asset management offering over the past two years with the stated aim of becoming “one of the top five multi-boutiques in the world by revenue”.

In September it pledged up to $4bn (€3.5bn) to the first products for Aperture Capital, a startup boutique led by former AllianceBernstein CEO Peter Kraus. Since 2017, Generali said it had “created or partnered with” eight boutiques and restructured its existing asset managers into four “platforms”.

Deutsche Börse buys analytics firm in $850m deal

Deutsche Börse, the parent company for Germany’s main stock exchange, has agreed to buy portfolio and risk analytics firm Axioma $850m and merge it into its index businesses.

In a statement, Deutsche Börse said it aimed to create a “fully integrated, leading buy-side intelligence player” offering a range of index and analytics products. The company is responsible for the STOXX and DAX indices, including leading equity benchmarks for Europe and Germany.

The transaction has been part-financed by a $715m investment from General Atlantic, a $31bn US-based equity investment company. General Atlantic has entered into a strategic partnership with Deutsche Börse as part of the deal. Senior Axioma staff will invest roughly $105m, giving management a 3% stake in the new entity alongside Deutsche Börse’s 78% and General Atlantic’s 19%.

Theodor Weimer, CEO of Deutsche Börse, said the Axioma acquisition was a “step change for our pre-trading business” and fitted in with the group’s “Roadmap 2020” corporate expansion strategy. The General Atlantic partnership would “help to further accelerate growth of the combined business and to achieve strong value creation”, he added.

Sebastian Ceria, founder and CEO of Axioma and leader of the new business, said: “The union of Axioma, STOXX and DAX under the Deutsche Börse umbrella creates a growth company that is uniquely equipped to help clients capitalise on the critical trends now reshaping the investment management landscape.

“The combination of STOXX’s indexing expertise with Axioma’s best-of-breed analytical capabilities in risk management, portfolio construction and performance attribution is expected to result in strong near-term revenue synergies and creation of a platform for future growth.”

Deutsche Börse and Axioma first established a formal partnership in 2011, and have since developed factor indices and exchange-traded fund products together. The acquisition is subject to regulatory approval and is expected to close in the third quarter of 2019.

AQR enters German market

Quantitative investing specialist AQR has opened an office in Germany as it seeks to expand its presence in Europe. Axel Weiss, who joined the $196bn asset manager in 2016 as head of Germany and Austria, will lead the Frankfurt-based team.

David Kabiller, head of business development at AQR, said: “We believe that a local presence will allow us to better serve our existing German clients and deliver our diverse platform of quantitative strategies to investors.”

“We are eager to deepen our relationships with our German clients and further engage the region’s sophisticated investment community,” added Christopher Palazzolo, head of Europe, the Middle East and Africa at AQR.

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Deutsche Börse creates leading index and portfolio/risk analytics business - PRNewswire

The combination will create a fully integrated, leading buy-side intelligence player that will provide unique products and analytics to meet the growing demand for an end-to-end platform. Axioma, a global provider of cloud-based portfolio and risk management software solutions, and Deutsche Börse's index business are highly complementary and together will offer a broad suite of index and analytics products with global coverage. As a result, the combined company is expected to materially grow revenue and EBITDA, and is expected to achieve annualized pre-tax run-rate synergies of around €30 million by the end of 2021.

As part of the transaction, Deutsche Börse has entered into a strategic partnership with General Atlantic, a leading global growth equity investor. General Atlantic will invest around US$715 million into the new company, which will be used to finance the acquisition of Axioma.

Theodor Weimer, CEO of Deutsche Börse, said, "This transaction is a step change for our pre-trading business and fully in line with our Roadmap 2020 strategy, which besides organic growth builds on programmatic M&A and new technologies. We are also excited about the partnership with General Atlantic and believe it will help to further accelerate growth of the combined business and to achieve strong value creation."

Stephan Leithner, Member of the Executive Board of Deutsche Börse AG, responsible for the Post-Trading, Data & Index business, added, "We are convinced of the highly complementary nature of the combination, which positions us extremely well to benefit from key growth trends. We have a long-standing strategic partnership with Axioma and value its management. We look forward to growing our analytics and index platform together."

Sebastian Ceria, founder and CEO of Axioma, said, "The union of Axioma, STOXX and DAX under the Deutsche Börse umbrella creates a growth company that is uniquely equipped to help clients capitalize on the critical trends now reshaping the investment-management landscape. The combination of STOXX's indexing expertise with Axioma's best-of-breed analytical capabilities in risk management, portfolio construction and performance attribution is expected to result in strong near-term revenue synergies and creation of a platform for future growth."

Gabriel Caillaux, Managing Director and Head of EMEA for General Atlantic, stated, "We have closely followed the development of Deutsche Börse's index assets for many years as we witness the global shift to passive products and the rise of indexed investing strategies. We are excited to be partnering with such a renowned firm. We are also highly impressed with Axioma's track record and believe this combination provides a strong foundation for future growth. After our detailed analysis, we are confident that the combination will generate significant value creation and strong investor returns."

Anthony Arnold, Managing Director at Goldman Sachs, said, "We have been delighted to support Axioma as both an investor and meaningful customer of their best-in-class solutions and wish the management team continued success as they grow what will be an important and leading focused business with a compelling product suite."  Josh Lewis, Managing Partner of Salmon River Capital, added, "We are proud to have been a significant Axioma shareholder since 2007, and we are pleased with this outcome."

Founded in 1998, Axioma is a global provider of multi-asset class portfolio and risk management software solutions. The company delivers proprietary solutions and data services offerings to over 400 leading asset managers, asset owners, sell-side participants and hedge funds. Axioma generated approximately US$100 million in annual contract value ("ACV") revenue in 2018 and has grown ACV at a 23 percent CAGR since 2010. Axioma is currently investing its entire cash flow in further growing the business. The transition to axiomaBlue™, Axioma's cloud-based infrastructure platform, other new product offerings and strategic expansion are expected to drive ACV growth in line with historical experience.

Deutsche Börse's index business is the #4 global index player (based on last twelve months (LTM) 2018 September revenue) and home of the #1 European tradable index, the EURO STOXX 50® (based on the notional value of traded derivatives contracts in 2018). The index business on a stand-alone basis generated €168 million in gross revenues and €115 million in EBITDA in 2018 and has grown at double-digit rates over the past five years.

Deutsche Börse and Axioma have had an existing partnership since 2011 and have jointly developed innovative products, including factor indices and ETF products. All Deutsche Börse businesses will benefit from direct access to the buy-side and the enhanced analytics platform.

Management anticipated that the combined company will be uniquely equipped to address trends that are reshaping investment management, including the shift to passive, the demand for smart beta and the transition towards index customization using technology. The combination will provide Axioma's current clients with closer integration to data from a leading family of indices, which are critical components for designing investment strategies. Additionally, Deutsche Börse's index business clients will benefit from access to Axioma's powerful analytics that allow for creation and testing of custom indices.

The combined company will be led by current Axioma CEO Sebastian Ceria. He will seek to preserve the strengths of both Axioma and the Index Business and accelerate the entrepreneurial spirit. A number of the Axioma management team, as current owners, will reinvest around US$105 million of their sales proceeds into the combined company alongside General Atlantic. As a result, and depending on the roll-over, Deutsche Börse is expected to own approximately 78 percent of the new company, General Atlantic around 19 percent, and the Axioma management about 3 percent.

The transaction is subject to approval by the relevant competition authorities and further customary conditions and is expected to close in the third quarter 2019. 

Perella Weinberg Partners LP and Deutsche Bank AG served as financial advisors to Deutsche Börse. Hengeler Mueller and Cravath, Swaine & Moore LLP served as legal counsel to Deutsche Börse. Centerview Partners LLC and Sullivan & Cromwell LLP served as financial advisor and legal counsel to Axioma. Milbank served as legal counsel to General Atlantic.

About Deutsche Börse

Deutsche Börse Group is one of the largest exchange organizations worldwide. It organizes markets characterised by integrity, transparency and safety for investors who invest capital and for companies that raise capital – markets on which professional traders buy and sell equities, derivatives and other financial instruments according to clear rules and under strict supervision. Deutsche Börse Group, with its services and systems, ensures the functioning of these markets and a level playing field for all participants – worldwide. For more information visit www.deutsche-boerse.com.

About Axioma

Axioma provides an integrated suite of front-to-back investment management solutions to a global client base, including asset managers, hedge funds, insurance companies, pension funds, wealth managers and investment banks. Our award-winning services are comprised of multi-asset enterprise risk management, portfolio construction, performance attribution, regulatory reporting and custom index design. With over US$10 trillion in assets under management, our clients rely on Axioma's solutions for decision intelligence throughout the entire investment process across the front, middle and back office. Enabled by Axioma's market-leading technology from APIs to the cloud-native open environment of axiomaBlue™ and fully integrated content and analytics, our customers deploy Axioma's solutions to create competitive advantage – from risk to return™. Learn more at www.axioma.com and follow us on Twitter and LinkedIn.

About General Atlantic

General Atlantic is a leading global growth equity firm providing capital and strategic support for growth companies. Established in 1980, General Atlantic combines a collaborative global approach, sector- specific expertise, a long-term investment horizon and a deep understanding of growth drivers to partner with great entrepreneurs and management teams to build exceptional businesses worldwide. General Atlantic has more than 150 investment professionals based in New York, Amsterdam, Beijing, Greenwich, Hong Kong, Jakarta, London, Mexico City, Mumbai, Munich, Palo Alto, São Paulo, Shanghai, and Singapore. For more information on General Atlantic, please visit the website: www.generalatlantic.com

Deutsche Börse analyst and investor conference call:

Theodor Weimer, CEO, Gregor Pottmeyer, CFO, and Stephan Leithner, member of the Executive Board, responsible for Post-Trading, Data & Index, will hold a conference call for institutional investors and financial analysts on 10 April 2019 at 2pm CET (1pm GMT, 8am ET). A presentation will be made available on the website of Deutsche Börse AG before the call (www.deutsche-boerse.com/ir).

For those analysts and investors who wish to dial in to the event, the following lines have been set up.

Germany: +49 30 232531428

United Kingdom: +44 20 3872 0882

United States: +1 516-269-8983

You can also follow the call live or listen to the replay via an audiocast using the following link:

https://webcast.meetyoo.de/reg/tvu1YxCBCznV

Cautionary note with regard to forward-looking statements:

This document contains forward-looking statements and statements of future expectations that reflect management's current views and assumptions with respect to future events. Such statements are subject to known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied and that are beyond Deutsche Börse AG's ability to control or estimate precisely. In addition to statements which are forward-looking by reason of context, the words 'may, will, should, expects, plans, intends, anticipates, believes, estimates, predicts, potential, or continue' and similar expressions identify forward-looking statements. Actual results, performance or events may differ materially from those statements due to, without limitation, (i) general economic conditions, (ii) future performance of financial markets, (iii) interest rate levels (iv) currency exchange rates (v) the behavior of other market participants (vi) general competitive factors (vii) changes in laws and regulations (viii) changes in the policies of central banks, governmental regulators and/or (foreign) governments (ix) the ability to successfully integrate acquired and merged businesses and achieve anticipated synergies (x) reorganisation measures, in each case on a local, national, regional and/or global basis. Deutsche Börse AG does not assume any obligation and does not intend to update any forward-looking statements to reflect events or circumstances after the date of these materials.

No obligation to update information: Deutsche Börse AG does not assume any obligation and does not intend to update any information contained herein.

No investment advice: This press release is for information only and shall not constitute investment advice. It is not intended for solicitation purposes but only for use as general information.

All descriptions, examples and calculations contained in this release are for illustrative purposes only.

SOURCE Axioma

Related Links

http://www.axioma.com

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Deutsche Börse to Buy Axioma, for $850M; General Atlantic Invests $715M - FinSMEs

Exchange organization Deutsche Börse AG (Deutsche Börse) is to acquire Axioma, Inc., a New York-based global provider of cloud-based portfolio and risk management software solutions, for US$850m.

Axioma will be combined with Deutsche Börse’s index businesses (STOXX® and DAX®) valued at €2.6 billion to create a fully integrated, buy-side intelligence player that will provide products and analytics. Axioma and Deutsche Börse’s index business are highly complementary and together will offer a broad suite of index and analytics products with global coverage.
As a result, the combined company is expected to materially grow revenue and EBITDA, and is expected to achieve annualized pre-tax run-rate synergies of around €30 million by the end of 2021.

As part of the transaction, Deutsche Börse has entered into a strategic partnership with General Atlantic, a global growth equity investor.
General Atlantic will invest around US$715m into the new company, which will be used to finance the acquisition of Axioma.

Founded in 1998 by Sebastian Ceria, CEO, Axioma is a global provider of multi-asset class portfolio and risk management software solutions. The company delivers proprietary solutions and data services offerings to over 400 asset managers, hedge funds, insurance companies, pension funds, wealth managers and investment banks. Its services are comprised of multi-asset enterprise risk management, portfolio construction, performance attribution, regulatory reporting and custom index design.

Led by Theodor Weimer, CEO, Deutsche Börse Group is one of the largest exchange organizations worldwide. It organizes markets characterised by integrity, transparency and safety for investors who invest capital and for companies that raise capital – markets on which professional traders buy and sell equities, derivatives and other financial instruments. Deutsche Börse’s index business is the #4 global index player (based on last twelve months (LTM) 2018 September revenue) and home of the #1 European tradable index, the EURO STOXX 50® (based on the notional value of traded derivatives contracts in 2018). The index business on a stand-alone basis generated €168 million in gross revenues and €115 million in EBITDA in 2018 and has grown at double-digit rates over the past five years.

Deutsche Börse and Axioma have had an existing partnership since 2011 and have jointly developed innovative products, including factor indices and ETF products. The combination will provide Axioma’s current clients with closer integration to data from a leading family of indices, which are critical components for designing investment strategies. Additionally, Deutsche Börse’s index business clients will benefit from access to Axioma’s analytics that allow for creation and testing of custom indices.
The combined company will be led by current Axioma CEO Sebastian Ceria. A number of the Axioma management team, as current owners, will reinvest around US$105m of their sales proceeds into the combined company alongside General Atlantic.

As a result, and depending on the roll-over:

• Deutsche Börse is expected to own approximately 78% of the new company,
• General Atlantic around 19%, and
• the Axioma management about 3%.

FinSMEs

10/04/2019

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PSB Industries (PSB) Rises 0.3% on Apr 8 - Z Tribune

Shares of PSB Industries (EPA:PSB) last traded at 33.2, representing a move of 0.3%, or 0.1 per share, on volume of 590 shares. After opening the trading day at 33.3, shares of PSB Industries traded in a close range. PSB Industries currently has a total float of 3.65 million shares and on average sees 1,894 shares exchange hands each day. The stock now has a 52-week low of 25.9 and high of 37.7.

Euronext Paris Then And Now

The European region is home to the best and most competitive stock exchanges in the world; and the Euronext is one of them. However, the Euronext has a far more interesting component backed by a rich history even before the foundation of the pan-European stock exchange— Euronext Paris. PSB Industries had to work hard to be the part of Euronext.

Euronext Paris Then

Euronext Paris was first known as the Paris Bourse. The foundation of the Euronext on September 22, 2000, which emerged from the union of the Amsterdam Stock Exchange, Brussels Stock Exchange, and Parks Bourse, gave birth to its identity today. The main objective of the creation of the first pan-European stock exchange is to take advantage of the resources of the European Union (EU) in a broader and unified attempt to drive long-term economic growth. Only healthy companies like PSB Industries can be allowed at the market. Truly enough, Euronext Paris is living up to its founding mission until today— helping the European economy thrive even at pressing times.

The CAC 40, the benchmark index in France monitoring the most significant companies listed on Euronext Paris, is among the most anticipated indices of the Euronext along with PSI 20, Next 150, Euronext 100, BEL 20, AScX, AMX, AEX, among others. It tracks companies with a base value of 1,000 and a base date of December 31, 1987.

In January 1988, the CAC had reached its lowest level ever, closing a session at 893.82.

Euronext Paris Now

Since the establishment of the Euronext, Euronext Paris has already gone a long way. As of the earlier part of 2014, the Euronext has a total market valuation of nearly €3 trillion.

Unlike the Dow Jones Industrial Average (DJIA), the CAC 40 has been weighing stocks based on free-float market capitalization and share turnover over the previous 12-month period since December 1, 2003. Prior to this, it has been weighing stocks based on overall market valuation.

All the factors of PSB Industries reliability is carefully checked by specialists. CAC 40 components are reviewed four times annually, particularly on the third Friday of the months of March, June, September, and December. The stocks are capped at 15% if the need calls for it. The Index Steering Committee, which handles the review, ranks the top 100 companies on Euronext Paris. A total of 40 out of 100 stocks are chosen to compose the CAC 40, making up a strong indicator of the health of France’s economy.

The CAC 40 holds an all-time high of 6,922.33, which was seen on September 4, 2000 before the foundation of the Euronext. On September 4, 2000, it had an intraday high of 6,944.77. Presently, the CAC 40 is trading at around 4,000.

The requirements to trade include a minimum trade size of one index and a margin of 2%— as far as most brokers are concerned. The CAC 40 moves in increments of 0.50. The main currency, on the other hand, is euro.

Europe has a very promising economy and France is one of the reasons behind it. As the region’s economy immensely grows, Euronext Paris is a hot stock exchange to enter today for all kinds of investors seeking high returns. High returns of PSB Industries gives its advantage among its rivals.

More notable recent PSB Industries (EPA:PSB) news were published by: Natlawreview.com which released: “China’s Ministry of Public Security Releases Final Cybersecurity Plan – The National Law Review” on October 24, 2018, also Theguardian.com with their article: “Grenfell Tower’s smoke ventilation system ‘failed days before fire’ – The Guardian” published on June 05, 2018, Qz.com published: “Consolidation of public banks: Is it better for India to have bigger but fewer banks? – Quartz India” on June 20, 2017. More interesting news about PSB Industries (EPA:PSB) were released by: Wsj.com and their article: “At Facebook, Median Pay Tops $240,000 – The Wall Street Journal” published on April 02, 2018 as well as Usatoday.com‘s news article titled: “Poll: Majority of people believe SCOTUS is split into parties – USA TODAY” with publication date: March 17, 2017.

PSB Industries manufactures and sells packaging and specialty chemical products in France and internationally. The company has market cap of 121.23 million EUR. The firm develops, industrializes, and produces plastic packaging products, including caps and closures, mascaras, lip glosses, jars, compacts, high-end surface treatments, etc. for the beauty and spirit markets; and provides plastic packaging solutions to the food and retail markets, such as food trays, blister packs, thermoformed packaging, and clamshells. It has a 1.57 P/E ratio. It also offers plastic packages as primary and secondary parts comprising technical parts, bioabsorbable screws, catheters, orthopedic joints, closures, blister packs, trays, wedging materials, etc. for the healthcare and hygiene markets; and produces ultra-pure alumina powders and formulations, as well as other fine oxides and composites, such as spinel, ZTA, YAG, and ceria for technical ceramics, precision polishing, crystals, and additives/coatings applications.

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CENOTEC Co., Ltd. (222420) Soars 0.93% on Apr 7 - D Minute

Shares of CENOTEC Co., Ltd. (KOSDAQ:222420) last traded at 2175, representing a move of 0.93%, or 20 per share, on volume of 185,462 shares. After opening the trading day at 2155, shares of CENOTEC Co., Ltd. traded in a close range. CENOTEC Co., Ltd. currently has a total float of shares and on average sees 119,210 shares exchange hands each day. The stock now has a 52-week low of 2130 and high of 3510.

KOSPI: A Powerful Indicator Of The Asian Economy

South Korea has one of the most progressive, fast-paced economies in Asia. It is an influential global leader that helps drive growth in the Asian economy. Leading abilities of South Korean market help CENOTEC Co., Ltd. to attract more attention to its work. Without it, the region’s capacities are surely minimized.

One of the most important factors backing South Korea’s successful economy is the Korea Exchange (KRX), which boasts with over $1 trillion in total market capitalization. Despite being one of the youngest stock exchanges in Asia, it has already transformed the conduct of trade and commerce in South Korea. It brings foreign investors to CENOTEC Co., Ltd. and other companies.

Stock Market Division of the KRX

Under the Korea Stock Exchange and Futures Exchange Act, the KRX is divided into three: 1) the Stock Market Division; 2) the KOSDAQ Market Division; and 3) the Derivatives Market Division. All publicly traded companies are listed on the Stock Market Division of the KRX.

The Korea Composite Stock Price Index (KOSPI), which was first published in 1983, is one of the main real-time economy indicators in South Korea as it tracks the performances of all the companies listed on the Stock Market Division of the KRX. That being said, the KOSPI had to be divided into several sub-indices. These include the KOSPI 50, which monitors the 50 most active stocks on the Stock Market Division of the KRX; the KOSPI 100, which monitors the 100 most active stocks; and the KOSPI 200, which monitors the 200 most active stocks out of more than 700 stocks. A stock can be included in the KOSPI 50 and the KOSPI 100 only if it is included in the KOSPI 200. At the same time, a stock can only be included in the KOSPI 50 if it is included in the KOSPI 100. CENOTEC Co., Ltd. is inside the KOSPI trading operations.

The KOSPI tracks stocks on the Stock Market Division of the KRX based on market capitalization using the base value of 100. The base date is January 4, 1980. Similarly, the KOSPI 200, which represents roughly 70% of the total market valuation on the Stock Market Division of the KRX, monitors its components using the base value of 100. The base date is April 2007.

Historical Statistics

In January 1981, the KOSPI had reached its all-time low of 93.10 points. In May 2011, it had reached its all-time high of 2,228.98 points. On the other hand, in June 1998, the KOSPI 200 had reached its all-time low of 31.96 points; and in April 2007, it had reached its all-time high of 100 points.

When the Asian economy was recovering from the financial crisis that had started in Thailand, the KOSPI had recorded its largest one-day gain of 8.50% in June 1998. Meanwhile, after the 9/11 tragedy that had shaken the global economy, the KOSPI had recorded its largest one-day decline of 12.02% in September 2001.

By 2019, Asia is highly expected to account for 26% of the global financial wealth, demonstrating a 2% representation growth in just five years. The best way to bank on that fast-paced growth is to invest on stocks listed on the Stock Market Division of the KRX. Investors which work with CENOTEC Co., Ltd. hope to find the best quality there.

CENOTEC Co., Ltd. manufactures and sells grinding media, zirconia, zircon powder, and ceramic materials. The company has market cap of $. It offers yttria stabilized zirconia beads for applications in automobile paints and inks; horizontal mills and basket mills; electronic ceramics, foods, cosmetics, and pharmaceutical products; fine particles; and industries requiring nano-sized particles. It currently has negative earnings. The firm also provides ceria stabilized zirconia beads for vertical and horizontal mills, the production of high-viscosity paints and inks, TiO2 makers, aqueous agricultural chemicals, and the production of pigments and dyes; and alumina toughened zirconia beads for high pressure and high speed grinding machines.

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PSB Industries (PSB) Moved Up 0.31% on Apr 3 | Thorold News - Thorold News

Shares of PSB Industries (EPA:PSB) last traded at 32.2, representing a move of 0.31%, or 0.1 per share, on volume of 537 shares. After opening the trading day at 32.1, shares of PSB Industries traded in a close range. PSB Industries currently has a total float of 3.65 million shares and on average sees 1,826 shares exchange hands each day. The stock now has a 52-week low of 25.9 and high of 37.7.

Euronext Paris Then And Now

The European region is home to the best and most competitive stock exchanges in the world; and the Euronext is one of them. However, the Euronext has a far more interesting component backed by a rich history even before the foundation of the pan-European stock exchange— Euronext Paris. PSB Industries had to work hard to be the part of Euronext.

Euronext Paris Then

Euronext Paris was first known as the Paris Bourse. The foundation of the Euronext on September 22, 2000, which emerged from the union of the Amsterdam Stock Exchange, Brussels Stock Exchange, and Parks Bourse, gave birth to its identity today. The main objective of the creation of the first pan-European stock exchange is to take advantage of the resources of the European Union (EU) in a broader and unified attempt to drive long-term economic growth. Only healthy companies like PSB Industries can be allowed at the market. Truly enough, Euronext Paris is living up to its founding mission until today— helping the European economy thrive even at pressing times.

The CAC 40, the benchmark index in France monitoring the most significant companies listed on Euronext Paris, is among the most anticipated indices of the Euronext along with PSI 20, Next 150, Euronext 100, BEL 20, AScX, AMX, AEX, among others. It tracks companies with a base value of 1,000 and a base date of December 31, 1987.

In January 1988, the CAC had reached its lowest level ever, closing a session at 893.82.

Euronext Paris Now

Since the establishment of the Euronext, Euronext Paris has already gone a long way. As of the earlier part of 2014, the Euronext has a total market valuation of nearly €3 trillion.

Unlike the Dow Jones Industrial Average (DJIA), the CAC 40 has been weighing stocks based on free-float market capitalization and share turnover over the previous 12-month period since December 1, 2003. Prior to this, it has been weighing stocks based on overall market valuation.

All the factors of PSB Industries reliability is carefully checked by specialists. CAC 40 components are reviewed four times annually, particularly on the third Friday of the months of March, June, September, and December. The stocks are capped at 15% if the need calls for it. The Index Steering Committee, which handles the review, ranks the top 100 companies on Euronext Paris. A total of 40 out of 100 stocks are chosen to compose the CAC 40, making up a strong indicator of the health of France’s economy.

The CAC 40 holds an all-time high of 6,922.33, which was seen on September 4, 2000 before the foundation of the Euronext. On September 4, 2000, it had an intraday high of 6,944.77. Presently, the CAC 40 is trading at around 4,000.

The requirements to trade include a minimum trade size of one index and a margin of 2%— as far as most brokers are concerned. The CAC 40 moves in increments of 0.50. The main currency, on the other hand, is euro.

Europe has a very promising economy and France is one of the reasons behind it. As the region’s economy immensely grows, Euronext Paris is a hot stock exchange to enter today for all kinds of investors seeking high returns. High returns of PSB Industries gives its advantage among its rivals.

More notable recent PSB Industries (EPA:PSB) news were published by: Theguardian.com which released: “Grenfell Tower’s smoke ventilation system ‘failed days before fire’ – The Guardian” on June 05, 2018, also Finance.Yahoo.com with their article: “Chart Industries (GTLS) Beats Q4 Earnings and Revenue Estimates – Yahoo Finance” published on February 14, 2019, Qz.com published: “Consolidation of public banks: Is it better for India to have bigger but fewer banks? – Quartz India” on June 20, 2017. More interesting news about PSB Industries (EPA:PSB) were released by: Usatoday.com and their article: “Poll: Majority of people believe SCOTUS is split into parties – USA TODAY” published on March 17, 2017 as well as Providencejournal.com‘s news article titled: “Lawsuit accuses Shell of discharging pollutants in Providence River – The Providence Journal” with publication date: August 30, 2017.

PSB Industries manufactures and sells packaging and specialty chemical products in France and internationally. The company has market cap of 117.58 million EUR. The firm develops, industrializes, and produces plastic packaging products, including caps and closures, mascaras, lip glosses, jars, compacts, high-end surface treatments, etc. for the beauty and spirit markets; and provides plastic packaging solutions to the food and retail markets, such as food trays, blister packs, thermoformed packaging, and clamshells. It has a 1.52 P/E ratio. It also offers plastic packages as primary and secondary parts comprising technical parts, bioabsorbable screws, catheters, orthopedic joints, closures, blister packs, trays, wedging materials, etc. for the healthcare and hygiene markets; and produces ultra-pure alumina powders and formulations, as well as other fine oxides and composites, such as spinel, ZTA, YAG, and ceria for technical ceramics, precision polishing, crystals, and additives/coatings applications.

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STI Co., Ltd. (039440) Rise 2.45% on Apr 4 - MoneyMakingArticles

Shares of STI Co., Ltd. (KOSDAQ:039440) last traded at 12550, representing a move of 2.45%, or 300 per share, on volume of 943,077 shares. After opening the trading day at 12600, shares of STI Co., Ltd. traded in a close range. STI Co., Ltd. currently has a total float of 15.68M shares and on average sees 314,552 shares exchange hands each day. The stock now has a 52-week low of 12250 and high of 28900.

Trade And Commerce In South Korea

South Korea has a highly interesting and open trade and commerce environment. This is one of the many reasons it is leading Asia in carrying out long-term economic growth prospects. And this is why STI Co., Ltd. worked hard to be represented at this market. The nation, needless to say, adds up as a meaningful resource to maximize financial growth potentials in Asia.

South Korean Equity Market

A flourishing trade and commerce conduct in South Korea is impossible without the help of the national equity market, led by the Stock Market Division of the Korea Exchange (KRX). As of January 2015, the KRX has over 2,000 companies listed on it, bringing its total market capitalization to roughly $1.20 trillion. This makes the KRX one of the most influential stock exchanges not just in Asia but in the whole world. Investors from across the world watch for STI Co., Ltd. shares. Other units of the KRX include the Derivatives Market Division and the KOSDAQ Market Division.

A strong and reliable indicator of the South Korean economy is the Korea Composite Stock Price Index (KOSPI), where all Stock Market Division of the KRX companies are measured.

The KOSPI, a market-capitalization-weighted index, tracks companies using the base value of 100. Even if it was not published until 1983, its base date is January 4, 1980.

The KOSPI has more than 700 components, which is why it had to be composed of sub-indices. These sub-indices are the KOSPI 50, the KOSPI 100, and the KOSPI 200, which measures the 50, 100, and 200 most actively traded stocks in the KOSPI, respectively. For a stock to be included in the KOSPI 50, it must first be included in both the KOSPI 100 and the KOSPI 200; and for a stock to be included in the KOSPI 100, it must first be included in the KOSPI 200. It was hard for STI Co., Ltd. to get there. Presently, the KOSPI 200 represents about 70% of the overall market valuation on the Stock Market Division of the KRX.

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Historical Feats

The KOSPI had recorded its all-time low of 93.10 points in January 1981 while the KOSPI 200 had recorded its all-time low of 31.96 points in June 1998. On the other hand, the KOSPI had recorded its all-time high of 2,228.98 points and the KOSPI 200 had recorded its all-time high of 100 points in May 2011 and April 2007, respectively. The KOSPI had first reached the 2,000-point mark in July 2007.

On June 17, 1998, the KOSPI had seen its largest one-day rise of 8.50%. The movement is backed by the healing of the Asian economy from the financial crisis that had been caused primarily by Thailand.

On September 12, 2001, it had seen its largest one-day dip of 12.02%. The movement is attributed to the tragic attacks on the twin towers that led to a widespread economic panic.

It is impossible not to make valuable returns by strategically investing in South Korea. Investors know that this is vital for STI Co., Ltd.. Consequently, entering its equity market is a reasonable move for investors who wish to bank on the growth of the Asian economy, which is expected to represent 26% of the global financial wealth by 2019.

STI Co., Ltd. operates in the semiconductor equipment industry in Korea. The company has market cap of $196.81 billion. The Company’s products include central chemical supply systems for bulk chemical supply to semiconductors and FPDs; slurry mixing systems for mixing or dilution of ceria, oxide, metal, and Cu slurry for semiconductors; and chemical mixing systems for mixing or dilution, and supply of TMAH, KOH, HF, NH4OH, and SC-1 to semiconductors and FPDs. It currently has negative earnings. The firm also offers wet station products, including initial, pre-depo, pre photo, ITO, cassette, and cover glass, as well as after glass grinding, fine metal and screen mask, and back side glass cleaners; glass slimming systems, strippers, etchers, and photo mask developers; and PCB wet systems.

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FREE TO READ - just-drinks' Mergers & Acquisitions database - March 2019 - just-drinks.com

Most popular

Here, just-drinks consolidates the M&A activity in the global drinks industry during March, a month that saw the rumour mill suggest divestments by the likes of Pernod Ricard, Constellation Brands and the UK's Greene King.

Every month, just-drinks looks at the M&A activity across all categories of the global drinks industry

Beer

Carlsberg has acquired a minority stake in a Beijing craft brewer. Jing-A announced on its website at the start of last month that the Danish brewer has become a minority partner. The post said Jing-A will "retain full control" but will receive support with "state-of-the art brewing/lab facilities and a solid distribution network".

Kirin's Australasian unit, Lion, has purchased another UK craft brewery. Yorkshire-based Magic Rock Brewing Co said the business has been sold to Lion. MD Richard Burhouse said the deal would allow Magic Rock to expand capacity and grow distribution.

Greene King could be the next UK pub estate to offload its brewery operations, with Heineken or Anheuser-Busch InBev a potential buyer, an analyst has forecast. In January, Japan's Asahi purchased the beer business of London brewer and pub chain Fuller's. In a note to clients, Bernstein analyst Trevor Stirling has predicted further consolidation ahead if Greene King also looks to exit brewing.

What will be Carlsberg's priorities for the years ahead? – Analysis

Following on from just-drinks' analysis this month of Carlsberg's performance over the last five years, beer commentator Stephen Beaumont considers the takeaways for the wider brewing industry.

Cannabis

Canadian cannabis company Growpacker has acquired a stake in Ceria Beverages, the cannabis brewer started by Blue Moon creator Keith Villa. As part of the equity-purchase, Ceria will join Growpacker's new incubator programme to fast-track THC and CBD brands in California.

Soft Drinks

Coca-Cola Amatil has said it is not pursuing the purchase of Kirin's Australia-based food and beverage unit. In a stock exchange filing, CCA moved to silence speculation that it is investigating the acquisition of Lion Drinks & Dairy. In September, Kirin launched a strategic review of the unit, with confirmation that it had started the sale process coming a month later.

Kirin's Australasian unit, Lion, has purchased a New Zealand-based iced tea brand as the company looks to boost its non-alcoholic portfolio in the region. Lion announced the acquisition towards the end of last month of Teza Iced Teas from Greenstone Drinks Co.

Norway-based food and drinks group Orkla has agreed to purchase a sizeable share in a Portuguese kombucha maker. The company will take a 43.5% stake in Asteriscos e Reticências. The company produces the Captain Kombucha brand, which it said is sold "all over Europe".

Why iced coffee will be one to watch for soft drinks in 2019 - Comment

In this month's consideration of the soft drinks category, category commentator Richard Corbett turns his attention to the iced coffee segment and sees opportunities for growth everywhere he looks.

Spirits

Ongoing financial manoeuvres at Marie Brizard Wine & Spirits will include the divestment of two drinks brands - Porto Pitters and Tiscaz Tequila. The France-based group has spent the past 12 months dealing with a worrying balance sheet, prompting moves last month to secure a bridge loan. In early-March, the company confirmed it received clearance from authorities in France for a "business combination" with  Compagnie Financière de Prises de Participations (COFEPP), which holds a near-30% stake in the company.

UK-based drinks company Halewood Wines & Spirits has opened a unit in Australia, at the same time making an investment in a distillery in the country. The company's new business, Halewood Australia, will import and market its UK-produced brands including the Whitley Neill, Dead Man's Fingers, Aber Falls, JJ Whitley and Peaky Blinder spirits ranges. Halewood also said it has taken a majority stake in the Ironbark Distillery in New South Wales.

Kirin's Australian beer unit, Lion, has taken a 50% stake in Victoria's Four Pillars Gin. Lion, which owns brands including James Boag and XXXX as well as craft brewers such as Little Creatures, said the deal sees it venture outside of its core beer business and into spirit

How to ride the Generation Z wave in the on-premise - Consumer Trends

Last month, we took a look at the growing interest among consumers for experiences. A recent report in the UK from Red Brick Road and Opinium, provided further interesting new insights into this trend. The purpose of the report, entitled 'The Last Round? How to engage the next generation of Mindful Drinkers', was to locate sales opportunities in the on-premise channel for drinks brand owners, against a background of abstinence: Don't forget that, according to studies, around a quarter of Generation Z consumers - aged between 18 and 30 - are teetotal.

Wine

California-based Vintage Wine Estates has acquired wine-in-a-can producer Alloy Wine Works. The group, which claims to be the 14th-largest wine company in the US, has assumed ownership of "one of the first innovators of fine varietal, appellated wines available in aluminium cans".

Distinguished Vineyards & Wine Partners has added to its production footprint in the US with two acquisitions in California, one from its parent company, Kirin Holdings. The Napa Valley-based company confirmed late yesterday it has taken ownership of Markham Vineyards, also based in the California wine region. 

Constellation Brands is rumoured to have found a buyer for the lower-end of its wine stable, with E&J Gallo Winery thought to have entered the fray. An article from CNBC claimed the pair are in "advanced talks" about a deal, which could come in well below Constellation's US$3bn price expectations. Citing people familiar with the situation, CNBC reported the talks, which include negotiations on which brands will go, could result in a sale of "$2bn or less".

Pernod Ricard has been linked to the divestment of its full wine portfolio, although just-drinks understand a transaction is unlikely. Citing sources "familiar with the matter", Bloomberg claimed that the group "has held early discussions" about selling its wine brands, including Brancott Estate, Campo Viejo and Jacob's Creek.

Could a Pernod Ricard offload revolutionise the wine category? - just-drinks thinks

We're all used to the rumour mill churning out the well-worn trope, and this week was no exception: Pernod Ricard is mulling an offload of its wine business, the headlines screamed - again. I'm less interested here in the pros and cons for Pernod of having wine brands alongside spirits: Lord knows, we've discussed this enough.

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