European Equity pre-Market Summary - 3rd September 2026: Choppy Asia-Pac trade as South Korean chip names fall in late trade

Stories Deutsche Telekom (DTE GY) -0.9% - Elliott Management has reportedly built a sizable stake in the Co. and has pushed to scrap merger talks with T-Mobile US (TMUS) to focus on other ways to boost shareholder value, Bloomberg reports. Shell (SHEL LN), BP (BP/ LN) - bp and Shell have agreed terms for Shell to acquire a 50% stake in the Tupinambá exploration block in the Santos Basin, offshore Brazil, in addition to a 30% stake in five leases Vodafone (VOD LN) - VodafoneThree is preparing to launch a UK TV service, which will include other streaming services to existing UK customers. Holcim (HOLN SW) - Co. launches a new calcined clay production line at its Čížkovice plant, enabling the supply of 580,000 tonnes of ECOPlanet low-carbon cement to customers every year. The Čížkovice line is Holcim Czech Republic’s largest ever investment at c. CHF 40 million. FTSE 100 Reshuffle and ex-dividends easyJet (EZJ LN) and Ithaca Energy (ITH LN) to join the FTSE 100, replacing Entain (ENT LN) and Persimmon (PSN LN); effective September 21st. Admiral Group (ADM LN), Antofagasta (ANTO LN) and Aviva (AV/ LN) will trade without entitlement to their latest dividend. Broker Moves Prudential (PRU LN) initiated with Buy at Berenberg Legrand (LR FP) upgraded to Buy from Hold at Deutsche Bank Equinor (EQNR NO) -1.3% downgraded to Sell from Hold at SEB The numbers after the Co. & ticker are the pre-market indication via Tradegate