European Equity pre-Market Summary - 26th August 2026: FTSE reshuffle announced, NVIDIA ahead
European equity pre-market highlights include indicative FTSE 100 index additions and deletions, MPS's unsolicited acquisition bid for Banco BPM, mixed SoftwareOne H1 earnings, and broker rating adjustments.
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FTSE 100 Reshuffle easyJet (EZJ LN) and Ithaca Energy (ITH LN) are set to join. Entain (ENT LN) and Persimmon (PSN LN) are to be removed. M&A Banco BPM (BAMI IM): Board acknowledges receipt of unsolicited offer from MPS; Board will evaluate offer, says offer is an acquisition, not a merger. Earnings SoftwareOne (SWON SW): H1, Revenue beat, EBITDA miss. Broker Moves E.ON (EOAN GY) upgraded to Buy from Hold at Berenberg SAP (SAP GY) downgraded to Neutral from Buy at UBS
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