European Premarket Movers

Upside ⬆️

- Idorsia $IDIA (+2.9%) +7.5-8.0% (exclusive negotiations for global rights to aprocitentan) 

- Grieg Seaf $GSF (-1.16%) +2.0% (Q3 results) 

- Avia $AVVIY+2.0% (Keefe raised to outperform) 

- iomart $IOM (+0.74%) +2.0% (H1 results) 

- Melexis [$MELE.BE] +1.5-2.0% (UBS raised to neutral) 

- Frontline $FRO (+0.7%) +1.5% (Q3 results) 

- Henkel $HEN (+0.48%) +1.5% (JPMorgan raised to overweight)  

- Volvo $VOLV B (+2.48%) +1.5% (JPMorgan raised to overweight) 

- Equinor $EQNR (-4.38%) +0.5-1.0% (Berenberg raised to buy) 

- Nestle $NESN (+0.02%) +0.5% (Morgan Stanley raised to equal weight) 

- Volkswagen $VOW3 (+1.38%) +0.5% (Agrees with SAIC to sell Xinjiang plant in China) 

Downside ⬇️

- Pets at Home $PETS (-0.42%) -8.5% (H1 results) 

- Elekta $EKTA B (+0.34%) -7.0% (Q2 results, misses estimates, affirms guidance) 

- Nokian $TYRES (+1.73%) -2.2% (JPMorgan cuts to underweight) 

- easyJet $EZJ (+3.04%) -1.0% (FY results and guidance) 

- Reckitt Benckiser $RKT (+1.52%) -0.5% (board update) 

- Air France-KLM $AF (+5.88%) -0.5% (in talks to acquire 20% of Air Europa) 

- TotalEnergies $TTE (-1.42%) -0.5% (Exane cuts to neutral) 

- Norsk Hydro $NHY (-0.04%) -0.5% (launches NOK6.5B improvement program)