NEW YORK, January 1, 2026, 08:31 ET — Market closed
Shares in Euronext N.V. (ENX.PA) last closed at €128.00, up 0.08%, in the final session of 2025. Euronext
The small move leaves the pan-European exchange operator starting 2026 with investors focused on what usually drives its fee pool: market activity.
More volatility typically means more trading, and exchanges tend to collect more fees when investors transact more often. That sensitivity matters in January, when flows often reset after a holiday lull.
Euronext’s cash and derivatives markets are closed on Thursday for New Year’s Day across its venues, and U.S. markets including the NYSE also observe the holiday, trading calendars show. Euronext+1
A key support for the stock has been shareholder returns. Euronext is running a €250 million share repurchase programme — a buyback, meaning the company purchases its own shares — from Nov. 18 through March 31 at the latest, and said shares repurchased under the programme will be cancelled. Euronext
“Euronext is not a proxy of equity volumes, anymore,” Chief Executive Stéphane Boujnah told Reuters in November, after the group said 60% of its revenue came from activities not directly tied to trading volumes. Reuters
The next major catalyst is the company’s full-year 2025 results on Feb. 18, its financial calendar shows. Euronext
Reuters has previously reported that Euronext has been shifting its business mix away from cash and derivatives trading toward higher-value custody and settlement and fixed-income trading, as European exchanges try to build steadier revenue streams. Reuters
Year-end trading in the stock was narrow, leaving investors with few fresh company headlines to price in before the holiday shutdown.
Before the next session:
When markets reopen, traders will watch whether equity volumes normalise after thin holiday flows — a key driver for transaction revenue at exchange operators.
Euronext shares moved between €127.50 and €128.30 on Dec. 31 and finished at €128.00, with 57,783 shares traded, according to Yahoo Finance. Those levels set the first near-term technical markers of 2026. Yahoo Finance


