Akka Technologies SE (AKA) Dipped -2.2% on Nov 15

November 15, 2017 - By Linda Rogers

Shares of Akka Technologies SE (EPA:AKA) last traded at 46.27, representing a move of -2.2%, or -1.04 per share, on volume of 18,381 shares. After opening the trading day at 47.56, shares of Akka Technologies SE traded in a close range. Akka Technologies SE currently has a total float of 19.67 million shares and on average sees 23,661 shares exchange hands each day. The stock now has a 52-week low of 30.12 and high of 52.96.

Euronext Paris: Driving France’s Economic Prospects

France is one of Europe’s pride not just in the tourism front but most importantly, in the corporate world. One of the main reasons that Europe is immensely growing as an economy today is France. Its trading relations with Akka Technologies SE and other companies help both sides to grow further. The nation’s economic potentials cannot be undermined especially when they reflect in its own stable equity market.

Euronext Paris in History

Euronext Paris is part of a broader, pan-European stock exchange that stretches in five of the biggest European cities that include Paris, London, Lisbon, Brussels, and Amsterdam— the Euronext. It works with Akka Technologies SE as well. Some of the main Euronext indices include the AEX, AScX, CAC 40, Next 150, among others.

The Amsterdam Stock Exchange, the Brussels Stock Exchange, and the Paris Bourse had joined together on September 22, 2000, forming the first pan-European stock exchange. Two years later, the Bolsa de Valores de Lisboa e Porto (BVLP) had joined the Euronext. The foundation of a bigger, consolidated European stock exchange signifies the efforts of the European Union (EU) to maximize its resources and leverage better growth opportunities. Nearly two decades later and the Euronext continues to live up to its founding principle and mission— to drive the European economy towards meaningful success.

The CAC 40 is the free-float market capitalization-weighted index tracking the top 40 stocks on Euronext Paris. It represents a crucial aspect of the French economy as well as that of the European economy. Akka Technologies SE had to prove its reliability to appear at the market.

Prior to becoming a free-float market capitalization-weighted index on December 1, 2003, the CAC 40 had used to measure stocks based on overall market capitalization. Its name comes from an old automated trading system on the Euronext, CotationAssistéeenContinu.

The Index Steering Committee reviews the components of the CAC 40 every third Friday of March, June, September, and December. During these review dates, the Index Steering Committee limits the weights of each stock at 15%. The top 100 companies in terms of 12-month free-float market capitalization and share turnover are determined every quarter. From these 100 companies, the 40 most significant components are selected to make up the CAC 40.

Euronext Paris by the Numbers

As of the first quarter of 2014, the Euronext already had nearly €3 trillion of market capitalization with more than 1,000 companies.

The CAC 40 had reached an all-time high of nearly 7,000 on September 4, 2000, a few days before the establishment of the Euronext. Meanwhile, it had posted an all-time low of below 900 in January 1988.

The movement on Euronext Paris is in increments of 0.50. Stocks are weighted quarterly using a base value of 1,000, which was determined on December 31, 1987.

The margin requirement is usually 2% while the minimum trade size requirement is one index. As part of the EU, the main trading currency on Euronext Paris is euro.

Euronext Paris is one of the most influential stock exchanges not just in Europe but in the world as well. It boasts with stability and strong, long-term growth prospects. That being said, investing in Euronext Paris is a primary consideration among novice and experienced investors alike. Investors may be interested in Akka Technologies SE stocks.

More recent Akka Technologies SE (EPA:AKA) news were published by: 4-Traders.com which released: “AKKA TECHNOLOGIES : acquires MBtech and turns into the European Champion” on December 08, 2011. Also Businesswire.com published the news titled: “AKKA and Dassault Systèmes Announce Innovation Partnership; 3DEXPERIENCE …” on October 03, 2014. Reuters.com‘s news article titled: “French and Benelux stocks-Factors to watch on Sept. 27” with publication date: September 27, 2017 was also an interesting one.

Akka Technologies SE is a France-based firm engaged in the field of innovation. The company has market cap of 938.91 million EUR. The Company’s activities are structured into two divisions: Computer Systems Design and Engineering. It has a 68.04 P/E ratio. The Firm assists manufacturing and tertiary services companies in a range of their innovation processes and in the lifecycle of their products, from initial studies to the start of production.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:


Twitter Auto Publish Powered By : XYZScripts.com