Casino Sells 3C Cameroun; Munters, BE Semiconductor, and Steelmakers Report Strong Performance
Casino's stock surged 16% following its sale of 3C Cameroun to 2S Retail, while Munters secured US orders worth 2.1 billion SEK, boosting its stock by 9%. The semiconductor sector also saw gains, with BE Semiconductor up 8% and ASM International rising 5%, despite ASML's limited growth this year. Additionally, steelmakers like Salzgitter benefited from a sector upgrade, resulting in a 6% increase in their stock.
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Casino's stock rose 16% following its sale of 3C Cameroun to 2S Retail, which operates seven BAO Cash & Carry outlets in Cameroon. Munters' Data Center Technologies division received US orders valued at 2.1 billion SEK (approximately 190 million EUR), boosting its stock by 9%.
The semiconductor equipment sector saw BE Semiconductor increase by 8%, with ASM International also gaining 5%. Despite ASML's 36% growth last year, its gains are limited to 2.2% this year amid strong demand for semiconductor production.
Steelmakers like Salzgitter enjoyed a 6% rise, supported by BNP Paribas' sector upgrade. Orsted's stock rose 5% as it plans to challenge the suspension of its Revolution Wind lease in the U.S. Valneva's stock increased by 4.4% after ending its licensing deal in India for a chikungunya vaccine.
Voltalia began construction on a 200 MWh complex in Uzbekistan, raising its stock by 3%. British American Tobacco fell by 1.5% due to a tax increase in India, effective February 1, 2026.
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