European Premarket Movers

Upside ⬆️

- Idorsia $IDIA (+3.7%) +7.5-8.0% (exclusive negotiations for global rights to aprocitentan) 

- Grieg Seaf $GSF (-1.95%) +2.0% (Q3 results) 

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

- iomart $IOM (-2.59%) +2.0% (H1 results) 

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

- Frontline $FRO (+2.52%) +1.5% (Q3 results) 

- Henkel $HEN (+0.68%) +1.5% (JPMorgan raised to overweight)  

- Volvo $VOLV B (+1.97%) +1.5% (JPMorgan raised to overweight) 

- Equinor $EQNR (+1.4%) +0.5-1.0% (Berenberg raised to buy) 

- Nestle $NESN (-0.68%) +0.5% (Morgan Stanley raised to equal weight) 

- Volkswagen $VOW3 (+1.14%) +0.5% (Agrees with SAIC to sell Xinjiang plant in China) 

Downside ⬇️

- Pets at Home $PETS (-0.03%) -8.5% (H1 results) 

- Elekta $EKTA B (+1.1%) -7.0% (Q2 results, misses estimates, affirms guidance) 

- Nokian $TYRES (-0.12%) -2.2% (JPMorgan cuts to underweight) 

- easyJet $EZJ (+0.08%) -1.0% (FY results and guidance) 

- Reckitt Benckiser $RKT (+0.99%) -0.5% (board update) 

- Air France-KLM $AF (+3.06%) -0.5% (in talks to acquire 20% of Air Europa) 

- TotalEnergies $TTE (-0.44%) -0.5% (Exane cuts to neutral) 

- Norsk Hydro $NHY (+1.1%) -0.5% (launches NOK6.5B improvement program)