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General

Last week in telecoms: sector underperforms the market, TDC shines on Macquarie offer, TalkTalk extends downtrend

Monday 12 February 2018 | 08:53 CET | News
Last week's telecoms stock performance was almost completely overshadowed by the general market correction. Our European Telecoms Stock Index was down 5.8 percent, against -5.6 percent for the Eurostoxx 50 Index. Year to date our basket is down 7.2 percent, underperforming the Eurostoxx 50's -5.1 percent. Very few stock managed to close the week up. TDC (+17.0%) was a shining outperformer on news of a buy-out offer from Macquarie et al. Other stocks in positive territory were Finnish DNA (+1.1%), extending its big gain from the previous week, and satellite group SES +1.8%, having agreed to

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Categories: General
Companies: Altice Europe / BT / CityFibre / Deutsche Telekom / DNA / Eutelsat / Intelsat / KPN / MTS / Orange Belgium / SES / TalkTalk / TDC / Tele2 / Telenor / Veon / Vimpelcom / Vodafone
Countries: Europe
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-/-4.4%
Total service revenues show annual drop of 4.4%
Belgium  |  2018 Q1

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