Late Snack fra HC Andersen Capital

Welcome Snackers, today’s snack will cover the market developments of Valuer.ai and HC Andersen Capital’s Small & Mid-Cap Seminar.

Today’s Market Movements

Denmark:
OMX:C25 (0.05%)

Sweden:
OMX:S30 (-1.50%)

Norway:
OBX:OSL (-1.77%)

S&P 500 (-0.75%)

Nasdaq (-0.56%)

Today’s European markets suffered from much of the same pressures that loomed over markets the past weeks. Inflation continues to rise, mounting further pressures on central banks to hike interest rates; fears of stagflation prevail. However, this afternoon came a positive development as Vladimir Putin said Russia was prepared to stabilise soaring global energy prices by increasing supply from its state-backed gas exporter Gazprom.

Across the Atlantic, stocks opened lower, driven by energy and tech stocks. A risk-off atmosphere is steering investors away from cyclical tech stocks towards value investments instead. It was announced crude oil inventories in the US rose by 2.35m barrels, above the anticipated 0.8m barrels. This news, coupled with the expected easing of the gas supply crunch, initiated a selloff in US energy stocks which have risen rapidly over the last weeks.

Today’s snacks

Today marked the beginning of HC Andersen Capital’s small and mid-cap seminar in partnership with Nordea. Between 9:00 and 13:00, a total of twelve publicly listed companies hosted 10-minute presentations giving insight into their businesses. The diversity of attending firms was broad; commencing the day was BankNordic and FirstFarms from the banking and agriculture sectors. Aarsleff and Zealand Pharma from the infrastructure and biotech sectors concluded. A range of other great companies presented in-between. If you missed the event, catch up on the presentations here https://lnkd.in/dE3vV2BQ

Tomorrow the event continues, and it’s not too late to sign up. Commencing at 9:00 CET the seminar provides the opportunity to ask questions to the top management at eleven more small/mid-cap companies. Discussed will be highly topical themes, including current oil price inflation and the development of Covid-19 as DFDS, Hafnia, and Bioporto attend the event. Sign up Link https://lnkd.in/dUfu6M2P

Valuer.ai gained 9.7% today following the announcement of its partnership with the consultancy Capgemini in Denmark. In partnership with Capgemini, Valuer’s AI platform will be offered as an Innovation-as-a-Service solution to Capgemini’s customers. The solution should provide valuable data to companies that can help identify market opportunities and improve innovation. The partnership has been initially agreed to cover Denmark with the possibility to extend its reach throughout the entire Nordic region. Read the full press release here, https://lnkd.in/eknFeiB6

Disclaimer: HC Andersen Capital receives payment from the companies for a #DigitalIR agreement.

Author: Philip Coombes