European Premarket Movers

Upside ⬆️

- Idorsia $IDIA (-2.2%) +7.5-8.0% (exclusive negotiations for global rights to aprocitentan) 

- Grieg Seaf $GSF (+1.69%) +2.0% (Q3 results) 

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

- iomart $IOM (-0.98%) +2.0% (H1 results) 

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

- Frontline $FRO (-1.8%) +1.5% (Q3 results) 

- Henkel $HEN (-0.41%) +1.5% (JPMorgan raised to overweight)  

- Volvo $VOLV B (-0.41%) +1.5% (JPMorgan raised to overweight) 

- Equinor $EQNR (-0.16%) +0.5-1.0% (Berenberg raised to buy) 

- Nestle $NESN (+4.08%) +0.5% (Morgan Stanley raised to equal weight) 

- Volkswagen $VOW3 (+1.32%) +0.5% (Agrees with SAIC to sell Xinjiang plant in China) 

Downside ⬇️

- Pets at Home $PETS (-1.25%) -8.5% (H1 results) 

- Elekta $EKTA B (-9.11%) -7.0% (Q2 results, misses estimates, affirms guidance) 

- Nokian $TYRES (-0.58%) -2.2% (JPMorgan cuts to underweight) 

- easyJet $EZJ (-0.2%) -1.0% (FY results and guidance) 

- Reckitt Benckiser $RKT (-0.52%) -0.5% (board update) 

- Air France-KLM $AF (+1.12%) -0.5% (in talks to acquire 20% of Air Europa) 

- TotalEnergies $TTE (-1.26%) -0.5% (Exane cuts to neutral) 

- Norsk Hydro $NHY (-0.99%) -0.5% (launches NOK6.5B improvement program)