European Movers: Kering (KER FP) +9.2%, Eni (ENI IM) +4.0%, Glencore (GLEN LN) +4.0%, EssilorLuxottica (EL FP) +3.5%, Aberdeen Group (ABDN LN) -6.6%, ASM International (ASM NA) -5.2%, Hermes (RMS FP) -3.0%, Remy Cointreau (RCO FP) -1.0%

Kering (KER FP) +9.2%: Q2 LFL sales +2% to EUR 3.65bln, its first growth since mid-2023, as Gucci’s decline eased and jewellery sales increased; net debt fell to EUR 3.3bln (from EUR 8bln) after selling its beauty division. Gerresheimer (GXI GY) +7.5%: To sell two plastic packaging units to Apax Funds for EUR 1.5bln.  Eni (ENI IM) +4.0%: Raised share buybacks to EUR 3.4bln (from EUR 2.8bln) after Q2 adj. net profit more than doubled to EUR 2.3bln (exp. 2.09bln). Glencore (GLEN LN) +4.0%: Nears top of FY earnings target in H1. Deutsche Bank (DBK GY) +3.7%: Strong Q2 net profit driven by IB/FIC growth; maintained Rev. guide.   EssilorLuxottica (EL FP) +3.5%: Rev+op. margin beat, smart glass sales "nearly doubled". Standard Chartered (STAN LN) +3.0%: Profit+NII beats, raises FY income guide. BASF (BAS GY) +2.5%: Reducing debt early after coating stake sale; affirms FY26 adj. EBITDA guide  UBS (USBG SW) +2.5%: Small Rev. beat, bottom line to a larger extent - announces large buyback  Rio Tinto (RIO LN) +2.0%: HY profit beat, copper earnings surge; flags higher productivity savings, highlights strong demand. Aberdeen Group (ABDN LN) -6.6%: H1 metrics underwhelm. ASM International (ASM NA) -5.2%: Strong top+bottom line beat overshadowed by lofty expectations & memory concerns. Hermes (RMS FP) -3.0%: H1 metrics in-line with expectations. Remy Cointreau (RCO FP) -1.0%: Rev. in-line, maintains guidance.