European Movers: Nordex (NDX1 GY) +2.4%, easyJet (EZJ LN) +2.3%, STOXX 600 Technology +1.2%, Babcock (BAB LN) -4.7%, Ocado (OCDO LN) -1.0%

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Goldman Sachs expects central bank Gold buying to slow slightly but remain a structural floor for prices

EUROPEAN OPEN: ASML NA denies reports of EUV shipments to China; EZJ LN rejects third Castlelake approach; BN FP to buy Made Group for c. AUD 2bln; P911 GY prepares cost-cut talks before output cuts; OCDO LN prepares CEO succession

European Movers: Nordex (NDX1 GY) +2.4%, easyJet (EZJ LN) +2.3%, STOXX 600 Technology +1.2%, Babcock (BAB LN) -4.7%, Ocado (OCDO LN) -1.0%

Israeli Foreign Minister Saar told his New Zealand counterpart, "Israel will respect the ceasefire in Lebanon as long as it won’t be breached by Hezbollah."

Two cabinet ministers told Sky's Rigby that PM Starmer could make an announcement ahead of G7 statement in the House of Commons

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  • Nordex (NDX1 GY) +2.4%: Secures new US orders totaling 484 MW.
  • easyJet (EZJ LN) +2.3%: Rejects three Castlelake bids; third bid worth 625p/shr
  • STOXX 600 Technology +1.2%, ASML (ASML NA +1.5%): ASML denies shipping EUV lithography machine, or any related component, to China
  • Babcock (BAB LN) -4.7%: Disappointing FY results, affirms guidance. 
  • Ocado (OCDO LN) -1.0%: Says CEO and Board continually engage with potential candidates amidst a long-term succession plan.

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