Engie : It wasn’t such a “small dose of external risk” after all
>Pending the elections, the stock has been under pressure - At the start of last week, we felt the dissolution of parliament could trigger a “small dose of external risk”. In retrospect, the adjective “small” was perhaps poorly chosen. Over the last six trading days, Engie has lost 14% of its value, the equivalent of around € 5bn of market capitalisation. First off, we need to keep in mind that everything still to play for and the legislative elections are not the sam...Engie is an industrial group, based in France, active in the fields of gas, electricity, energy services and the environment. Co. is an energy provider across the entire energy chain, in electricity and in natural gas, including: purchase, production and commercialization of natural gas and electricity; transport, distribution, management and development of major natural gas infrastructures; design and commercialization of energy services and environment-related services. Co.'s activities are conducted through five segments: Energy Europe, Energy International, Global Gas and LNG, Infrastructures, and Energy Services.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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