Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Netherlands
  4. Euronext Amsterdam
  5. ASML Holding N.V.
  6. News
  7. Summary
    ASML   NL0010273215

ASML HOLDING N.V.

(ASML)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

European stocks end near record highs as tech rallies

09/06/2021 | 01:07pm EDT
German share price index DAX graph is pictured at the stock exchange in Frankfurt

(Reuters) - European shares climbed on Monday to end near record levels, led by technology stocks which surged to their highest this year as a surprise rise in German factory orders pointed to improving global demand and boosted sentiment.

The pan-European STOXX 600 index rose 0.7% to 475.19, just below its all-time high of 476.16 hit on Aug. 13.

Still, trading volumes were muted throughout the day due to a public holiday in the United States.

After Wall Street's tech-heavy Nasdaq index hit a record high on Friday, European tech stocks jumped 1.7%, with shares in chip equipment maker ASML and Dutch tech investor Prosus providing the biggest boost.

The tech index ended at 829.31 points, its peak so far in 2021 and its highest since December 2000.

Recent uncertainty over monetary policy and rising COVID-19 cases has pushed investors into technology stocks, which have been the best-performing sector through the pandemic.

German stocks rose 1.0% after a rise in July German factory orders boosted sentiment by suggesting there was strong demand for goods from Europe's biggest economy.

Investors are also focusing on the European Central Bank (ECB) meeting this week as some of its hawkish policymakers are calling for it to start paring back bond purchases with inflation surging and the growth in euro zone resilient.

Last week, BofA Securities upgraded its euro area growth and inflation forecasts, predicting the bloc's economy would expand 4.8% this year, up from its previous forecast of 4.2%.

"Our base case scenario is that the ECB will announce a moderation of asset purchases in Q4 amid a solid economic growth backdrop, easier financing conditions, higher inflation forecasts and lower net issuance of government bonds," Unicredit analysts said.

Media and retail stocks were also among the best performing European sectors for the day.

Italian defence group Leonardo gained 2.3% after its chief executive officer said the company still aimed to list its U.S. unit DRS when the right market conditions are in place.

French supermarket group Carrefour rose 1.9% on news that France could ease health pass restrictions that are hurting the activity of large shopping malls.

French engineering group Spie fell 4.3% after it confirmed it had submitted a non-binding offer to buy Equans, the newly created services unit of French energy group Engie.

(Reporting by Sruthi Shankar in Bengaluru; Editing by Shounak Dasgupta and David Clarke)

By Sruthi Shankar and Ambar Warrick


© Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
ASML HOLDING N.V. -3.79% 657.1 Real-time Quote.65.29%
CARREFOUR 0.13% 15.02 Real-time Quote.7.06%
ENGIE 1.56% 12.002 Real-time Quote.-4.14%
All news about ASML HOLDING N.V.
04:50pUS Stocks Gain for Sixth Day; Dow Sets Intraday Record as Verizon Earnings Impress
MT
04:47pCLOSE UPDATE : US Stocks Gain for Sixth Day; Dow Sets Intraday Record as Verizon Earnings ..
MT
03:55pTech Stocks Struggle Wednesday as Broader Market Nears Record High
MT
01:29pEquities Advance Midday While Treasury Yields Remain Close to Highest Level Since May
MT
01:18pMIDDAY REPORT : US Stocks Advance While Treasury Yields Remain Close to Highest Level Sinc..
MT
11:39aGLOBAL MARKETS LIVE : Kering, Netflix, Roche, United Airlines, Xiaomi...
11:06aEuropean ADRs Move Slightly Higher in Wednesday Trading
MT
09:41aWALL STREET STOCK EXCHANGE : Earnings season, bitcoin and the metaverse
09:07aTech Stocks Mixed Premarket Wednesday
MT
08:57aASML N : Tech
MT
More news
Analyst Recommendations on ASML HOLDING N.V.
More recommendations
Financials
Sales 2021 18 806 M 21 917 M 21 917 M
Net income 2021 5 558 M 6 478 M 6 478 M
Net cash 2021 366 M 427 M 427 M
P/E ratio 2021 48,5x
Yield 2021 0,51%
Capitalization 269 B 314 B 314 B
EV / Sales 2021 14,3x
EV / Sales 2022 12,3x
Nbr of Employees 27 777
Free-Float 96,7%
Chart ASML HOLDING N.V.
Duration : Period :
ASML Holding N.V. Technical Analysis Chart | ASML | NL0010273215 | MarketScreener
Technical analysis trends ASML HOLDING N.V.
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 35
Last Close Price 657,10 €
Average target price 765,94 €
Spread / Average Target 16,6%
EPS Revisions
Managers and Directors
Peter T. F. M. Wennink Co-President & Chief Executive Officer
Martin A. van den Brink Co-President & Chief Technology Officer
Roger J.M. Dassen Chief Financial Officer & Executive Vice President
Gerard Johannes Kleisterlee Chairman-Supervisory Board
Frédéric J. M. Schneider-Maunoury Chief Operations Officer & Executive VP
Sector and Competitors
1st jan.Capi. (M$)
ASML HOLDING N.V.65.29%325 666
LAM RESEARCH CORPORATION19.74%80 374
TOKYO ELECTRON LIMITED32.71%69 372
QORVO, INC.1.95%18 756
ENTEGRIS, INC.36.14%17 526
ZHEJIANG JINGSHENG MECHANICAL & ELECTRICAL CO., LTD.151.60%15 360