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French and Benelux stocks-Factors to watch
Mar 18, 2024 10:54 PM

March 19 (Reuters) - Below are company-related news and stories from

France and Benelux which could have an impact on the region's markets or

individual stocks.

ARTIFICIAL INTELLIGENCE/NVIDIA ( NVDA )

Artificial-intelligence semiconductor powerhouse unveiled a flagship AI

chip, the Blackwell B200, saying it is up to 30 times speedier than its previous

chip.

WORLD/OIL

* Iraq will reduce its crude exports to 3.3 million barrels a day (bpd) in

the coming months to compensate for exceeding its OPEC+ quota since January, the

oil ministry said on Monday, a pledge that would cut shipments by 130,000 bpd

from last month.

* Global oil demand will not peak for some time so policy makers need to

ensure sufficient investment in oil and gas to meet consumption and abandon the

fantasy of phasing out fossil fuels, Saudi Aramco CEO Amin Nasser said

on Monday.

AEROPORTS DE PARIS

French airport group ADP said it recorded a total group traffic of 25

million passengers in February, up 13,5% compared to the same period in 2022.

BOUYGUES - COLAS RAIL

TSO and Colas Rail were selected for the mechanised renewal of ballast on

the Atlantique Nord and Paris Sud-Est high-speed lines for SNCF Reseau, a

contract worth 200 million euros.

ENGIE/TOTALENERGIES:

Mitsubishi Corp ( MSBHF ) said on Tuesday it will form an international

coalition with seven other firms including TotalEnergies and Tokyo Gas ( TKGSF )

to support development and production of electric natural gas(e-NG).

Mitsubishi's ( MSBHF ) other partners are France's Engie, U.S.-based Sempra

Infrastructure, Belgium's TES, and Japan's Osaka Gas ( OSGSF ) and Toho Gas ( THOGF )

. They plan to create the group, called "e-NG Coalition", in the first

half of the year.

GETLINK

The Channel tunnel operator said Eurotunnel signed a partnership with Le

Marché Duty-Free, a subsidiary of Mumbai Travel Retail Private Limited, for the

operation of duty-free business at the French terminal.

STELLANTIS ( STLA )

The automaker said it had purchased 8.3 million shares in the private

company Archer Aviation.

Pan-European market data:

European Equities speed guide...................

FTSE Eurotop 300 index..............................

DJ STOXX index......................................

Top 10 STOXX sectors...........................

Top 10 EUROSTOXX sectors......................

Top 10 Eurotop 300 sectors.....................

Top 25 European pct gainers.......................

Top 25 European pct losers........................

Main stock markets:

Dow Jones............... Wall Street report .....

Nikkei 225............. Tokyo report............

FTSE 100............... London report...........

Xetra DAX............. Frankfurt items.........

CAC-40................. Paris items............

World Indices.....................................

Reuters survey of world bourse outlook.........

European Asset Allocation........................

Reuters News at a glance:

Top News.............

Equities..............

Main oil report...........

Main currency report.....

(Gdansk Newsroom)

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