European Movers: Close Brothers (CBG LN) +8.9%, Alstom (ALO FP) +1.8%, Swissquote (SQN SW) +0.8%, Richemont (CFR SW) -1.7%, Swiss Re (SREN SW) -1.6%, Banca Monte Paschi (BMPS IM) -1.4%

The significant movements in the European equities, particularly in Close Brothers and Alstom, suggest a positive sentiment towards these companies, potentially driven by strong earnings or favorable market conditions.

Newsquawk StaffPublished 16 Jan 2026, 08:25 UTCOn the live feed at 08:05 UTC — 4 more headlines followed before this page went public

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08:16

Canadian PM Carney announces that they will allow as many as 49k Chinese EVs into the Canadian market, with a most-favoured-nation tariff of 6.1%.

08:10

EUROPEAN OPEN: HSBA LN reviews Singapore business; WS to acquire KCO GY in USD 2.4bln deal; EQNR NO allowed to resume NY Empire Wind project; BMPS IM chief’s job under threat amid clash with shareholder; CFR SW downgraded, ROG SW upgraded

08:05

European Movers: Close Brothers (CBG LN) +8.9%, Alstom (ALO FP) +1.8%, Swissquote (SQN SW) +0.8%, Richemont (CFR SW) -1.7%, Swiss Re (SREN SW) -1.6%, Banca Monte Paschi (BMPS IM) -1.4%

08:00

Porsche AG (P911 GY) delivered 279.5k vehicles in 2025 (310.7k in 2026), -10% Y/Y

07:37

China's Securities Regulator says although capital markets are improving, there's still complex and intertwined risks to face

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Context

Conversely, the declines in Richemont and Swiss Re might indicate sector-specific challenges or broader market trends affecting luxury goods and insurance sectors. Traders should monitor these stocks for further developments, particularly in earnings results or any news impacting their sectors.

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