French stock alert

FRA

CLOSING UPDATE: BNP Paribas increases a further 0.2%, led market higher 18 October 2017 18:11 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).

BNP Paribas, France's largest bank by market capitalisation, has increased 1.7% to trade at EUR67.43 vs. the CAC 40 Index which strengthened 22.4 points (or 0.4%) to 5,383.8. Representing a weighting of about 5.7% of the index, the stock accounted for 23.6% of today's gain. Trading volume was 63% of average at the end of the day. Compared with the CAC 40 Index which rose 22.4 points (or 0.4%) in the day, this represented a relative price increase of 1.3%.

Technical indicators complementing today's significant uptrend:

+ The positive 0.24 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

+ The 2.2% discount to 12-month high of EUR68.95 against the 37.0% premium to 12-month low of EUR49.21 suggests the stock continues to push for new highs.

+ In the last three months the stock has hit a new 52-week high thrice.

+ The price increased 0.1% in the last week and 1.8% in the last month.

Fundamental measures by comparison with the sector average [in brackets] indicate:

Undervaluation:

+ Price/Earnings of 11.2 [17.2]

+ Price/Sales of 1.4 [2.0]

+ Return on Equity 8.5% [4.9%]

+ Return on Assets 0.4% [0.3%]

Other Bullish Signals include:

+ Net profit margin has averaged 12.7% in the last 3 years. This is better than the sector average of 12.2% and suggests a high margin of safety.

+ As per the Du Pont analysis, Return on Equity of 8.5% is better than sector average of 4.9%.

TODAY'S ALERTS

Afternoon Alert: BNP Paribas increases 1.5%, leads market higher

18 October 2017 14:10 CEST

BNP Paribas (FR:BNP) has increased 1.5% to trade at EUR67.26 vs. the CAC 40 Index which strengthened 28.8 points (or 0.5%) to 5,390.1. Representing a weighting of about 5.7% of the index, the stock accounted for 15.6% of today's gain.

Afternoon Alert: BNP Paribas increases 0.9%, leads market higher

18 October 2017 12:06 CEST

BNP Paribas (FR:BNP) has increased 0.9% to trade at EUR66.89 vs. the CAC 40 Index which strengthened 19.4 points (or 0.4%) to 5,380.7. Representing a weighting of about 5.7% of the index, the stock accounted for 14.5% of today's gain. Trading volume was 93% of average so far today.

RECENT ALERTS

CLOSING UPDATE: BNP Paribas increases 0.2%

16 October 2017 18:08 CEST

BNP Paribas, France's largest bank by market capitalisation, traded on volume of 0.6 times average today while the price increased 15.0c (or 0.2%) to trade at EUR66.20. Compared with the CAC 40 Index which rose 11.1 points (or 0.2%) in the day, this represented a relative price increase of 0.02%.

Afternoon Alert: BNP Paribas decreases 0.3%, leads Bank sector lower

16 October 2017 12:09 CEST

BNP Paribas (FR:BNP) has decreased 0.3% to trade at EUR65.82 vs. the Bank sector which weakened 0.6 points (or 0.01%) to 4,515.2. Representing a weighting of about 22.1% of the sector, the stock accounted for the loss. The shares have underperformed 86% of the market in the past week. Trading volume was 95% of average so far today.

BNP Paribas (FR:BNP; EPA:BNP; PA:BNP; FP:BNP)

ISIN: FR0000131104

PermID: 4295997140

Source: www.BuySellSignals.com