Previous Close | 11,985.00 |
Open | 12,235.00 |
Bid | 12,010.00 x 0 |
Ask | 12,015.00 x 0 |
Day's Range | 11,965.00 - 12,455.00 |
52 Week Range | 8,412.00 - 14,430.00 |
Volume | |
Avg. Volume | 32,544 |
Market Cap | 185.908B |
Beta (5Y Monthly) | 1.13 |
PE Ratio (TTM) | 16.37 |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | 515.00 (4.29%) |
Ex-Dividend Date | Mar 15, 2024 |
1y Target Est | N/A |
(Bloomberg) -- A.P. Moller-Maersk A/S, a bellwether for global trade, said the world’s supply lines are more impacted than previously expected by the ripple effects coming from the congestion in the Red Sea.Most Read from BloombergModi Vows to Retain Power Even as Party Loses India MajorityShort Sellers in Danger of Extinction After Crushing Stock GainsMnuchin Chases Wall Street Glory With His War Chest of Foreign MoneyTreasuries Gain as JOLTS Spurs Faster Fed-Cut Bets: Markets WrapIntel CEO Tak
Investing.com -- Copenhagen-listed shares in AP Moeller - Maersk (CSE:MAERSKb) inched higher on Tuesday after the shipping giant raised its full-year profit outlook for the second time in a month.
Maersk now expects its underlying earnings before interest, tax, depreciation and amortisation in the range of $7 billion to $9 billion, up from its previous forecast of $4 billion to $6 billion. The company, viewed as a barometer of world trade, said it now sees signs of further port congestions, especially in Asia and the Middle East, and additional increase in container freight rates. The rise in container freight prices and further port congestions are expected to contribute to a stronger financial performance in the second half of 2024, Maersk said.