2019-recap

Yearly recap: 2019

As 2019 has come to a close, we have checked EURO STOXX 50’s top traded stock, as well as the biggest winner and loser in terms of percent change. The top traded stock in 2019 was ING, the biggest winner was ASML Holding and the biggest loser was Nokia.

overview of most traded Eurostoxx 50 stocks in 2019

Most traded stock

The most traded stock out of those included in the EURO STOXX 50 index is ING Groep. Originally from The Netherlands, ING is a global financial entity providing wholesale and retail banking services to private clients, businesses, and governments. ING ended 2019 up 15.1%.

ING disclosed net results of €1,119 million in Q1, €1,438 million in Q2, and €1,344 million Q3. Although there was a decrease from Q2 to Q3, ING reported important milestones achieved in Q3 in combatting climate change, something that ING is committed to. To name a few, ING signed the UN-backed Principles for Responsible Banking and was followed by the signing of the Collective Commitment to Climate Change. They also signed the Dutch Climate Agreement, an interpretation of the Paris Agreement. And the company released its first progress report on Terra, which is ING’s approach to steer its portfolio and lending book in line with the goals of the Paris Agreement.

ING Groep trades under the ISIN code NL0011821202 and is available to trade on our platform on Euronext Amsterdam, Xetra, Börse Frankfurt, Borsa Italiana, and the SIX Swiss Exchange.

ING is the most traded stock in the EUROSTOCKS 50 of 2019

Biggest winner

The biggest winner out of the EURO STOXX 50 stocks in 2019 is ASML Holding, finishing the year 91.6% up. ASML is a global company in the semiconductor industry and is a manufacturer of chip-making equipment. The company provides chipmakers with the hardware, software, and services that they need to mass produce patterns on silicon through lithography. Some examples of companies that ASML supplies their products to are TSMC, Intel and Samsung. Moreover, in October it was reported that Samsung had ordered 15 EUV chip machines, each costing more than €100 million.

In Q3, ASML had a net sales figure of €3.0 billion, net income of €627 million, and gross margin of 43.7%. In its Q3 report, ASML expected a Q4 net sales of around €3.9 billion and a gross margin between 48% and 49%. We will have to wait until later in 2020 when ASML publishes their Q4 report to see if these figures were met or not.

ASML’s 52 week high was €267.80 and its low was €130.12. Although there have been ups and downs throughout the year, there is a general linear trend in ASML’s stock price from the beginning of 2019 to the end.

ASML’s ISIN code is NL0010273215 and it is available to trade on our platform on Euronext Amsterdam, Xetra, Börse Frankfurt, and the SIX Swiss Exchange.

ASML is the biggest winner in the EUROSTOCKS 50 of 2019

Biggest loser

Although Nokia gained the most in 2018, they were this year’s biggest loser, having decreased 34.15% from the beginning of the year. Nokia is a Finnish multinational communications and information technology company.

In Q1 2019, Nokia reported a surprise quarterly loss. In Q2, Nokia surpassed analysts’ forecasts and revenues rose 7% year-over-year. They also beat market expectations in Q3 2019; however, profits were down 27% from the year prior. Following this, the company announced a cost-cutting plan, which targets an annual cost savings of €700 million by the end of 2020.

Nokia’s stock price dropped as much as 25% in October, the biggest intraday decrease since 1991. This was followed after the company cut its outlook and temporarily suspended its dividends to focus on 5G investments. Once its net cash position improved to about €2 billion, Nokia plans to resume dividend distributions. There has also been an increase in competition within the 5G environment from companies such as Ericsson and Huawei. Therefore, Nokia is not expected to gain as much market share in the 5G sector as initially anticipated. However, Nokia ended 2019 partnering up with Vodafone whereby Nokia will be helping Vodafone roll out its 5G network to Vodafone users in Australia. The company expects that its earnings should recover in 2021.

Nokia trades under the ISIN FI0009000681, and can be traded on our platform on OMX Helsinki, Euronext Paris, Xetra, OMX Stockholm, Börse Frankfurt, the Prague Stock Exchange, and the SIX Swiss Exchange.

Nokia is the biggest loser in the EUROSTOCKS 50 of 2019

2020 sentiment

Within our app, you are able to report your views of the upcoming performances of various major indices. Based on what clients reported, sentiment for the EURO STOXX 50 in 2020 was up 65% and down 35%. Its less than it was for 2019, where sentiment was 70% up and 30% down. Those reported positively were right, as the EURO STOXX 50 saw a yearly increase of 24.8%. Fingers crossed for another positive result in 2020!

Investing through DEGIRO

Would adding one of these companies to your portfolio help to diversify it? With DEGIRO, a diversified portfolio is easily obtainable with access to more than 50 exchanges across 30 different countries. In addition to our global reach, we also offer investing with incredibly low fees so the impact of transaction costs on your return is minimised.

The information in this article is not written for advisory purposes, nor does it intend to recommend any investments. Please be aware that facts may have changed since the article was originally written. Investing involves risks. You can lose (a part of) your deposit. We advise you to only invest in financial products that match your knowledge and experience.

Sources: ING, ASML, Nokia, Reuters, Bloomberg, De Telegraaf

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Note: Investing involves risks. You can lose (a part of) your deposit. We advise you to only invest in financial products which match your knowledge and experience.

Note:
Investing involves risks. You can lose (a part of) your deposit. We advise you to only invest in financial products which match your knowledge and experience.