European Movers: Volkswagen (VOW3 GY) +4.7%, Deutsche Boerse (DB1 GY) +3.9%, Michelin (ML FP) +3.5%, Air France KLM (AF FP) +2.8%, Essity (ESSITYB SS) -3.1%, B&M European (BME LN) -4.1%
In today's European session, notable gains were led by Volkswagen and Deutsche Boerse, suggesting strong investor sentiment for auto and financial sectors, respectively.
Beazley (BEZ LN) unanimously rejects Zurich's proposal of GBP 12.80/shr
EUROPEAN OPEN: VOW3 GY higher than expected cash flow; ML FP free cash flow tops guidance; GLE FP confirms will cut 1,800 jobs; ABF LN’ Primark LFL sales fall in Xmas quarter; DB1 GY to acquire Allfunds for EUR 5.3bln
European Movers: Volkswagen (VOW3 GY) +4.7%, Deutsche Boerse (DB1 GY) +3.9%, Michelin (ML FP) +3.5%, Air France KLM (AF FP) +2.8%, Essity (ESSITYB SS) -3.1%, B&M European (BME LN) -4.1%
Japanese supermarket reportedly lobby calls for a 5 year minimum tax cut, via Nikkei
China's Commerce Ministry, when asked if NVIDIA (NVDA) H200 chips require special approval, says, "I am not aware of the situation you mentioned"
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Conversely, B&M European and Essity faced declines, indicating potential market concerns in retail and household products. This mixed performance reflects broader sector rotations and could signal shifting investor priorities heading into the next trading period.
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