European Movers: Puig (PUIG SM) +5.4%, BAE Systems (BA/ LN) +4.2%, Glencore (GLEN LN) +2.9%, Bank of Ireland (BIRG ID) +0.9%, Unilever (ULVR LN) -0.7%, Carrefour (CA FP) -4.3%, IMCD (IMCD NA) -12.1%
In today's session, we see a mix of performance across key European equities, with Puig leading the gains, indicating strong market interest or positive sentiment toward the company.
Japan's PM office says PM Takaichi is to hold a press conference at 13:10GMT / 08:10EST
EUROPEAN OPEN: GLEN LN profits slide amid declining coal earnings; BA/ LN sees record order intake; VOW3 GY receives initial bids for Everllence unit; HEI GY in talks for Akcansa Cimento; Lone Pine takes stake in ASML NA
European Movers: Puig (PUIG SM) +5.4%, BAE Systems (BA/ LN) +4.2%, Glencore (GLEN LN) +2.9%, Bank of Ireland (BIRG ID) +0.9%, Unilever (ULVR LN) -0.7%, Carrefour (CA FP) -4.3%, IMCD (IMCD NA) -12.1%
South African Inflation Rate MoM (Jan) M/M 0.2% (Prev. 0.2%)
South African Core Inflation Rate YoY (Jan) Y/Y 3.4% (Prev. 3.3%)
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In contrast, IMCD's significant drop may raise concerns about its outlook, suggesting potential headwinds within the sector. This volatility could signal shifting investor sentiment and may have broader implications for the sectors involved.
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