Business news from Ukraine

Stock indices of Western European countries are changing weakly and in different directions on Wednesday, investors are waiting for the results of the November meeting of the US Federal Reserve System (FRS) and evaluate the quarterly reports of European companies, as well as macroeconomic statistics.
The composite index of the largest companies in the Stoxx Europe 600 region rose by 0.15% by 11:37 a.m. to 415.22 points.
The British stock index FTSE 100 fell by 0.13%, the German DAX – by 0.04%, the Spanish IBEX 35 – by 0.36%. Meanwhile, the French CAC 40 rose by 0.22%, the Italian FTSE MIB – by 0.12%.
The penultimate meeting of the Fed this year will end on Wednesday evening. According to the general opinion, its result will be the fourth consecutive increase in the key interest rate by 75 basis points.
Investors will be closely watching Fed Chairman Jerome Powell’s speech, hoping to catch signals of a possible slowdown in the pace of rate hikes in the near future.
Meanwhile, on Wednesday it became known that the number of unemployed in Germany in October increased by 8 thousand instead of the growth expected by analysts by 12.5 thousand, and unemployment remained at around 5.5%, as expected.
The total volume of German exports, adjusted for calendar and seasonal factors, in September decreased by 0.5% compared to the previous month, imports fell by a record 2.3% since January.
Germany’s foreign trade surplus amounted to 3.7 billion euros the month before last, compared to 11.7 billion euros a year earlier and 1.2 billion euros in August.
Shares of A.P. Moeller-Maersk A/S fall 5.4%. The Danish transport and logistics company’s third-quarter 2022 financial performance beat market expectations, but the company lowered its full-year demand guidance as the global economy deteriorated.
The price of GSK papers rises by 1% on the news that the British pharmaceutical company increased its revenue in the last quarter by 18% and improved its forecast for the year.
Capitalization of Next Plc rises by 1.8%. The British chain of clothing stores increased sales in the third quarter of the current financial year, slightly stronger than its own forecasts, by 0.4%. At the same time, over the last five weeks of the reporting period, the indicator jumped by 1.4% due to a surge in demand for warm clothes at the end of September.
Aston Martin Lagonda’s stock tumbled 14% after the British sports car maker reported a sharp increase in its pre-tax loss in the third quarter.
The market value of the Danish pharmaceutical company Novo Nordisk jumped 4.7%. The company reported an increase in net profit in the last quarter to 14.41 billion Danish crowns ($1.91 billion) from 12.12 billion crowns a year earlier, as well as an increase in revenue by 28%, to 45.57 billion crowns. Both indicators exceeded market forecasts.
The leading gainer among Stoxx 600 components is cloud provider Sinch AB, which soared 30%. The company reported an 83% increase in July-September revenue to SEK 7.2 billion ($653 million) and a threefold increase in adjusted EBITDA to SEK 901 million.

Stock indices of Western European countries do not show a single dynamics during trading on Monday.
Investors are evaluating the latest batch of statistics.
The composite index of the largest companies in the region Stoxx Europe 600 by 13:00 Moscow time fell by 0.03% and amounted to 410.64 points.
The British stock index FTSE 100 rose by 0.18%, the German DAX – by 0.06%, the Italian FTSE MIB – by 0.17%. Meanwhile, the French CAC 40 fell by 0.22%, the Spanish IBEX 35 – by 0.11%.
Retail sales in Germany in September rose by 0.9% compared to the previous month, according to the country’s Federal Statistical Agency (Destatis).
Analysts polled by Trading Economics had expected a 0.3% decline in retail sales last month.
Meanwhile, consumer prices in the eurozone rose 10.7% year-on-year in October, according to preliminary data from the European Union Statistics Office. Thus, inflation accelerated compared to 9.9% in September and again updated the maximum since the beginning of the calculations.
Analysts polled by Trading Economics had expected a less significant increase of 10.2%.
The economies of the 19 eurozone countries grew by 0.2% in the third quarter compared to the previous three months, according to preliminary data from the European Union Statistics Office. In annual terms, the eurozone GDP increased by 2.1%.
The dynamics of both indicators coincided with analysts’ expectations, according to Trading Economics.
Italy’s GDP rose 0.5% qoq in the third quarter, official statistics show. Growth slowed down compared to the previous quarter, when the rise was 1.1%. Meanwhile, the figure exceeded the expectations of analysts who did not expect changes in GDP, according to Trading Economics.
The Swiss National Bank (SNB, the country’s central bank) reported a large loss in the first nine months of this year amid rising franc and rising interest rates, which led to the depreciation of the bank’s investments in gold, foreign currencies and financial markets. Meanwhile, the bank’s shares are up 2.9%.
Shares of Credit Suisse Group AG strengthened by 4.2%. The Swiss bank has unveiled details of a $4 billion share offering plan.
Italian UniCredit SpA stock quotes are up 2.2%. The bank improved its net interest income forecast for 2022.
The biggest drop among Stoxx 600 components is German power generation company Verbund AG, which shed 4.5%.
Meanwhile, the growth leaders are the shares of the French manufacturer of pharmaceuticals Orpea S.A., which add 18.7%.

Stock indices of the largest countries of Western Europe at the beginning of trading on Friday demonstrate negative dynamics, including due to weak quarterly reports of companies.
In addition, investors are worried about the possibility of a deterioration in the state of the world economy against the background of aggressive actions of a number of the largest central banks to curb inflation, reports Trading Economics. The unstable political situation in Great Britain is also negative for the markets.
The composite index of the largest companies in the Stoxx Europe 600 region decreased by 1.5% and amounted to 392.81 points by 11:31 CST.
Since the opening of the market, the German DAX indicator has decreased by 1.6%, the British FTSE 100 – by 0.7%, the French CAC 40 – by 1.7%. The Italian FTSE MIB fell by 1.6%, the Spanish IBEX 35 – by 1.9%.
One of the world’s leading manufacturers of sports goods, adidas AG, for the third time since the beginning of the year, has worsened forecasts of financial indicators for 2022 due to growing stocks of unsold goods and coronavirus restrictions in China. Also, the German company presented preliminary reporting for the third quarter, according to which profit from continuing operations fell 2.7 times, mainly due to a one-time write-off due to the curtailment of operations in the Russian Federation.
Adidas shares fell in price by 8.5% and are the leader of the decline among the components of the Stoxx 600. Quotations of shares of competitors Puma and JD Sports Fashion also decrease – respectively by 5.6% and 5.3%.
The Swedish telecommunications operator Telia in July-September increased its net profit by 8% – up to 1.71 billion crowns ($151.8 million). However, the result did not justify the analysts’ expectation of 2.1 billion euros. The company’s stock price fell by 8.2%.
Quotations of Vivendi shares fall by 4.2%. French media conglomerate Vivendi SA in the third quarter increased revenue by 4.1% to 2.578 billion euros. At the same time, the revenues of the television division of Canal+ Group decreased by 3.3% – to 1.419 billion euros. It turned out to be worse than the consensus forecast.
The value of French L’Oreal, one of the world’s largest cosmetics manufacturers, and Kering SA, which owns well-known fashion brands, decreased by 4.3% and 4.4%, respectively, despite good reporting for the last quarter.
Renault shares fell by 2.2%, although the French automaker also increased revenue in July-September stronger than forecast.
At the same time, the shares of the British food delivery service Deliveroo Plc added 3.2% in price. Gross transaction volume (GTV) in the third quarter increased by 8% and reached 1.7 billion pounds ($1.91 billion).
Retail sales in Great Britain in September fell by 1.4% compared to the previous month, the country’s National Statistics Office reported on Friday. Experts on average expected a decrease of only 0.5%, reports Trading Economics.
Meanwhile, the British consumer confidence index in October increased by 2 points and amounted to minus 47 points, reports GfK NOP Ltd. This is the first increase in the indicator in almost an hour. Prior to that, he had been updating record lows for several months in a row since the beginning of counting, that is, since 1974. At the same time, analysts expected further deterioration of the indicator – on average to minus 52 points.