European Premarket Movers

Upside ⬆️

- Idorsia $IDIA (-2.07%) +7.5-8.0% (exclusive negotiations for global rights to aprocitentan) 

- Grieg Seaf $GSF (-0.55%) +2.0% (Q3 results) 

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

- iomart $IOM (+0.61%) +2.0% (H1 results) 

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

- Frontline $FRO (-0.48%) +1.5% (Q3 results) 

- Henkel $HEN (-0.87%) +1.5% (JPMorgan raised to overweight)  

- Volvo $VOLV B (-1.74%) +1.5% (JPMorgan raised to overweight) 

- Equinor $EQNR (+0.3%) +0.5-1.0% (Berenberg raised to buy) 

- Nestle $NESN (-0.88%) +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 (-0.3%) -8.5% (H1 results) 

- Elekta $EKTA B (-1.51%) -7.0% (Q2 results, misses estimates, affirms guidance) 

- Nokian $TYRES (-0.26%) -2.2% (JPMorgan cuts to underweight) 

- easyJet $EZJ (+0.65%) -1.0% (FY results and guidance) 

- Reckitt Benckiser $RKT (-0.41%) -0.5% (board update) 

- Air France-KLM $AF (-0.67%) -0.5% (in talks to acquire 20% of Air Europa) 

- TotalEnergies $TTE (-0.58%) -0.5% (Exane cuts to neutral) 

- Norsk Hydro $NHY (-2.45%) -0.5% (launches NOK6.5B improvement program)