European Premarket Movers

Upside ⬆️

- Idorsia $IDIA (+1.31%) +7.5-8.0% (exclusive negotiations for global rights to aprocitentan) 

- Grieg Seaf $GSF (+2.55%) +2.0% (Q3 results) 

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

- iomart $IOM (-0.87%) +2.0% (H1 results) 

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

- Frontline $FRO (-5.38%) +1.5% (Q3 results) 

- Henkel $HEN (+1.19%) +1.5% (JPMorgan raised to overweight)  

- Volvo $VOLV B (-10.33%) +1.5% (JPMorgan raised to overweight) 

- Equinor $EQNR (-2.48%) +0.5-1.0% (Berenberg raised to buy) 

- Nestle $NESN (+1.26%) +0.5% (Morgan Stanley raised to equal weight) 

- Volkswagen $VOW3 (+0.08%) +0.5% (Agrees with SAIC to sell Xinjiang plant in China) 

Downside ⬇️

- Pets at Home $PETS (+1.38%) -8.5% (H1 results) 

- Elekta $EKTA B (-2.05%) -7.0% (Q2 results, misses estimates, affirms guidance) 

- Nokian $TYRES (-1.61%) -2.2% (JPMorgan cuts to underweight) 

- easyJet $EZJ (-0.3%) -1.0% (FY results and guidance) 

- Reckitt Benckiser $RKT (+0.55%) -0.5% (board update) 

- Air France-KLM $AF (-4.09%) -0.5% (in talks to acquire 20% of Air Europa) 

- TotalEnergies $TTE (-2.39%) -0.5% (Exane cuts to neutral) 

- Norsk Hydro $NHY (-4.9%) -0.5% (launches NOK6.5B improvement program)