French stock alert
CLOSING UPDATE: Olmix up 29.0% in 2 days 26 July 2017 18:07 CEST
NEWS BITES - EUROPE
This is an end of day Alert, produced after today's French market close. It concludes the BSS News Bites intra-day Alert series (summaries below).
Olmix extended its gains on Wednesday, rising an additional EUR1.65 (or 17.6%) to trade at EUR11.0. Trading volume was 4.6 times average at the end of the day. The shares have risen EUR2.47 (or 29.0%) over the past two trading days vs. the CAC 40 Index which has risen 1.2% in the same period.
Technical indicators complementing today's significant uptrend:
+ In the French market, the stock's relative price strength percentile is rising at 95 for 6 months, 95 for 3 months and 98 for 1 month.
+ The price soared 28.8% in the last week and 28.7% in the last month.
Afternoon Alert: Olmix up 20.2% in 2 days
26 July 2017 14:04 CEST
Olmix (FR:MLOLM) extended its gains on Wednesday, rising an additional 90.0c (or 9.6%) to trade at EUR10.25. Trading volume was 91% of average so far today. The shares have risen EUR1.72 (or 20.2%) over the past two trading days vs. the CAC 40 Index which has risen 1.1% in the same period.
Olmix (FR:MLOLM; EPA:MLOLM; PA:MLOLM; FP:MLOLM)