US-EU Index Rebalances / Quantitative Researcher

Dimitris Ioannidis

Global Financial Data and Analytics Platform

ORTEX

ORTEX is a global financial data and analytics platform providing real-time securities lending and short interest data, index rebalance data, holdings and insider transactions, trading signals, corporate actions and news,  stock machine learning and factor scores and other analytics. The majority of the data are downloadable and accessible through APIs.

Index Rebalance

<ul>
<li>The main forecasted additions are <a href="https://www.smartkarma.com/entities/siemens-energy-ag" target="_blank" data-smartkarma-citation="entities:35843:1" rel="noopener">Siemens Energy AG (ENR GR)</a> and <a href="https://www.smartkarma.com/entities/deutsche-bank-ag-40d2d02f-a52f-4d36-a86f-79c59c4f0f17" target="_blank" data-smartkarma-citation="entities:526:1" rel="noopener">Deutsche Bank (DBK GR)</a> as they are both surpassing the entry rank.</li>
<li>The main forecasted deletions are <a href="https://www.smartkarma.com/entities/stellantis-nv-847415d2-edbe-4b97-b9c9-bece87ed6f72" target="_blank" data-smartkarma-citation="entities:27920:1" rel="noopener">Stellantis NV (STLAM IM)</a> and <a href="https://www.smartkarma.com/entities/nokia-oyj" target="_blank" data-smartkarma-citation="entities:21754:1" rel="noopener">Nokia OYJ (NOKIA FH)</a> as they are both below the exit rank.</li>
<li>
<a href="https://www.smartkarma.com/entities/pernod-ricard-sa" target="_blank" data-smartkarma-citation="entities:21533:1" rel="noopener">Pernod Ricard Sa (RI FP)</a> and <a href="https://www.smartkarma.com/entities/volkswagen-ag-2754ab9c-fd60-43d7-a087-b4ce4465a0eb" target="_blank" data-smartkarma-citation="entities:734:1" rel="noopener">Volkswagen (Pref) (VOW3 GR)</a> are near the exit threshold and can potentially be replaced by <a href="https://www.smartkarma.com/entities/e-on-se" target="_blank" data-smartkarma-citation="entities:21616:1" rel="noopener">E.ON (EOAN GR)</a> and <a href="https://www.smartkarma.com/entities/engie-sa" target="_blank" data-smartkarma-citation="entities:21449:1" rel="noopener">Engie SA (ENGI FP)</a>. </li>
</ul>


The main forecasted additions are Siemens Energy AG (ENR GR) and Deutsche Bank (DBK GR) as they are both surpassing the entry rank.
The main forecasted deletions are Stellantis NV (STLAM IM) and Nokia OYJ (NOKIA FH) as they are both below the exit rank.

Pernod Ricard Sa (RI FP) and Volkswagen (Pref) (VOW3 GR) are near the exit threshold and can potentially be replaced by E.ON (EOAN GR) and Engie SA (ENGI FP). 


EURO STOXX50 September 2025 Forecast: ENR & DBK Set to Join, STLAM & NOKIA to Exit

Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

<ul><li>Nokia Corporation's Q1 2025 results reflect a mixed performance with signs of recovery and some emerging challenges.</li><li>The company's overall net sales declined by 3% year-over-year, largely due to an exceptional licensing revenue surge in Q1 2024.</li><li>Adjusting for these previous windfalls, Nokia's net sales actually grew by 7%, displaying solid growth across its various business units, particularly in Network Infrastructure and Cloud and Network Services.</li></ul>

Nokia Corporation's Q1 2025 results reflect a mixed performance with signs of recovery and some emerging challenges.The company's overall net sales declined by 3% year-over-year, largely due to an exceptional licensing revenue surge in Q1 2024.Adjusting for these previous windfalls, Nokia's net sales actually grew by 7%, displaying solid growth across its various business units, particularly in Network Infrastructure and Cloud and Network Services.

Nokia Inc.: Enterprise & Diversification Strategy Propelling Our ‘Outperform’ Rating!

Asia Real Estate News Tracker, Asia Real Estate Tracker

Asia Real Estate Tracker

Asia Real Estate News Tracker

Tracking developments across Asia's regional real estate markets

CapitaLand India Trust / Equity Bottom-Up

<ul><li>Robert Ng, a significant figure at Sino, is implicated in Singapore's foreign political interference law due to his involvement with children.</li><li>Cuscaden Peak secures approval for the $2.1B privatization deal of Singapore's Paragon REIT, marking a significant milestone in the real estate industry.</li><li>PAG DCU appoints Sanjay Goel, formerly of American Tower, as their new CEO, signaling a strategic move in their leadership team.</li></ul>

Robert Ng, a significant figure at Sino, is implicated in Singapore's foreign political interference law due to his involvement with children.Cuscaden Peak secures approval for the $2.1B privatization deal of Singapore's Paragon REIT, marking a significant milestone in the real estate industry.PAG DCU appoints Sanjay Goel, formerly of American Tower, as their new CEO, signaling a strategic move in their leadership team.

Asia Real Estate Tracker (23-Apr-2025): Sino's Robert Ng, kids tagged under SG foreign interference law

Tracking developments across tech supply chains, Tech Supply Chain Tracker

Tech Supply Chain Tracker

Tracking developments across tech supply chains

<ul><li>Sumco to stop silicon wafer production at Miyazaki plant by 2026, impacting supply chain for semiconductor industry.</li><li>MediaTek experiences revenue spike in January due to tariff uncertainty and Chinese subsidies, indicating potential market volatility.</li><li>Pegatron maintains consistent performance in January amid transition period, highlighting company stability.</li></ul>

Sumco to stop silicon wafer production at Miyazaki plant by 2026, impacting supply chain for semiconductor industry.MediaTek experiences revenue spike in January due to tariff uncertainty and Chinese subsidies, indicating potential market volatility.Pegatron maintains consistent performance in January amid transition period, highlighting company stability.

Tech Supply Chain Tracker (12-Feb-2025): Sumco to cease Miyazaki plant's wafer production by 2026.

<ul><li>Nokia Corporation reported a strong fourth quarter in 2024, buoyed by improved order trends manifesting as a 9% increase in net sales.</li><li>This growth was prominently driven by a 17% increase in Network Infrastructure, with IP Networks achieving standout growth of 24%.</li><li>Nokia Technologies also demonstrated robust performance with several new deals signed, escalating its net sales run rate to EUR 1.3-1.4 billion.</li></ul>

Nokia Corporation reported a strong fourth quarter in 2024, buoyed by improved order trends manifesting as a 9% increase in net sales.This growth was prominently driven by a 17% increase in Network Infrastructure, with IP Networks achieving standout growth of 24%.Nokia Technologies also demonstrated robust performance with several new deals signed, escalating its net sales run rate to EUR 1.3-1.4 billion.

Nokia: 5G Expansion & Private Wireless Networks As A Pivotal Growth Lever!

Finland

Nokia Oyj is a global communications company that operates a network of production facilities for location intelligence and network infrastructure, as well as a network of sales and customer service. The Company also operates research and software development facilities worldwide.

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Nokia OYJ (NOKIA FH)

EURO STOXX50 September 2025 Forecast: ENR & DBK Set to Join, STLAM & NOKIA to Exit

ENR and DBK are poised to join EURO STOXX50, while STLA and NOKIA are expected to exit. RI and VOW3 face potential removal, with EOAN and ENGI...

Dimitris Ioannidis

Nokia Inc.: Enterprise & Diversification Strategy Propelling Our ‘Outperform’ Rating!

Nokia Corporation's Q1 2025 results reflect a mixed performance with signs of recovery and some emerging challenges. The company's overall net...

Baptista Research

Asia Real Estate Tracker (23-Apr-2025): Sino's Robert Ng, kids tagged under SG foreign interference law

Robert Ng of Sino implicated in foreign political interference, Cuscaden Peak secures $2.1B for Paragon REIT privatization, PAG DCU appoints Sanjay...

Asia Real Estate Tracker

Tech Supply Chain Tracker (12-Feb-2025): Sumco to cease Miyazaki plant's wafer production by 2026.

Sumco to cease silicon wafer production in Miyazaki by 2026, MediaTek revenue up in January, Pegatron steady amid transition, Trump imposes steel...

Tech Supply Chain Tracker

Nokia: 5G Expansion & Private Wireless Networks As A Pivotal Growth Lever!

Nokia Corporation reported a strong fourth quarter in 2024, buoyed by improved order trends manifesting as a 9% increase in net sales. This growth...

Baptista Research

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