뉴스스쿼크 유럽 증시 개장 데일리 뉴스 - 2026년 11월 11일

ASIA APAC stocks were predominantly in the green as the region mostly shrugged off the subdued handover from Wall St, where all major indices were pressured as the dollar and yields gained on hawkish Fed rhetoric and hotter-than-expected CPI data. The inflation numbers and Fed speak boosted hawkish rate hike bets, with money markets fully pricing in a December rate hike and about a 10% probability for a greater 50bps move. ASX 200 eked out slight gains in range-bound trade as the rebound in tech was counterbalanced by losses in the top-weighted financial sector following earnings from Australia's largest lender, CBA, despite reporting an 8% increase in Q1 unaudited net profit. Nikkei 225 continued to benefit alongside the global tech recovery despite weakness in SoftBank shares after it posted a H1 net loss of JPY 768bln. KOSPI clawed back initial losses and outperformed its regional peers, while the Korea Exchange activated a sidecar on the Kosdaq amid the broad resurgence. Hang Seng and Shanghai Comp were mixed, with the Hong Kong benchmark pressured amid weakness in biotech and EV makers, while the mainland gradually recouped early losses to trade in the green. Chinese Autos - China October vehicle sales fell by 9.2% Y/Y vs prev. decline of 8.4% in September. (Newswires) EUROPEAN CLOSES CLOSES: DAX +0.47% at 26,390, FTSE 100 -0.29% at 10,752, CAC 40 +0.55% at 8,279, Euro Stoxx 50 +0.68% at 6,333, AEX +0.22% at 1,132, IBEX 35 +0.98% at 19,936, FTSE MIB +0.69% at 51,755. FTSE 100 Rio Tinto Group (RIO LN) - Co. is laying off dozens of workers at its Nemaska Lithium Inc. unit in Quebec as the mining giant scrambles to find a profitable path forward for the business in the face of market instability, reports Globe and Mail. (Globe and Mail) UK Inflation - NIESR sees UK inflation overshooting the Bank of England target for the next four years. (NIESR) UK-EU - UK PM Burnham won’t accept dynamic alignment of financial services regulations with the EU, backing the City of London’s independence from Brussels but nonetheless showing the limits of his ambitions for a much closer relationship, reports BBG's Wickham. (Bloomberg) OTHER UK COMPANIES BROKER MOVES DAX Brenntag (BRN GY) - Q3 2026 (EUR): Sales 4.26bln (exp. 4.08bln), Op. Gross Profit 1.06bln (prev. 947mln Y/Y). Confirms FY outlook, but expects Adj. EBITDA to come in at the upper end of its existing 1.35-1.45bln range. (Brenntag) E.ON (EOAN GY) - 9M 2026 (EUR): Revenue 55bln (prev. 57.5bln Y/Y), Adj. EBITDA 7.1bln (prev. 7.38bln Y/Y). Affirms outlook; sees FY Adj. EBITDA between 9.4-9.6bln (exp. 9.33bln). Expects around EUR 7bln in network investments for FY26. (E.ON) RWE (RWE GY) - 9M 2026 (EUR): Adj. EBITDA 4.58bln (prev. 3.48bln Y/Y), Adj. Net Income 1.85bln (prev. 1.29bln Y/Y). Sees Adj. FY26 Net Income to the upper end of its 1.95-2.45bln range. Elsewhere, KKR (KKR) acquires a 50% stake in Vanguard West and Vanguard East, forming a 50-50 joint venture with RWE. (RWE) Rheinmetall (RHM GY) - Co. completes acquisition of Spanish defence contractor Expal Systems; deal valued at EUR 1.2bln. (Rheinmetall) Siemens Energy (ENR GY) - Q4 2026 (EUR): Net Income 1.26bln (exp. 1.17bln), Revenue 12.8bln (exp. 12.5bln), Profit Before Special Items 1.54bln (exp. 1.49bln), Orders 14.82bln (exp. 15.31bln). Sees FY27 Profit Margin (ex-special items) 14-16%. Co. to increase share buyback by EUR 9bln through-2030. In addition to the share buyback during the recent fiscal year with a total value of EUR 3.1bln, the Company proposes a dividend of EUR 2.30/shr for FY 2026 (prev. EUR 0.70/shr Y/Y). Sets 2030 targets: Co. aims to achieve a compound annual revenue growth on a comparable basis of 12% to 14% through FY 2030. For fiscal year 2030, Siemens Energy targets a Profit margin before Special items in the range of 20% to 22%. (Siemens Energy) OTHER GERMAN COMPANIES Nordex (NDX1 GY) - Co. acquires C1 Connections; no terms disclosed. (Nordex) BROKER MOVES CAC OTHER FRENCH COMPANIES BROKER MOVES Gaztransport (GTT FP) upgraded to Equal Weight from Underweight at Morgan Stanley PAN EUROPE ABN AMRO (ABN NA) - Q3 2026 (EUR): NII 1.82bln (exp. 1.78bln), CET1 Ratio 15.3% (exp. 15.4%). Sees FY costs 5.5bln (prev. guided 5.5bln, exp. 5.41bln). Strong NII, supported by the favourable interest rate environment; commercial NII guidance further raised to above EUR 6.9bln for 2026. Notes sound credit quality, with EUR 11mln in net impairment releases; individual impairments were offset by model‑related releases. (ABN AMRO) Intesa Sanpaolo (ISP IM) - Co. has announced the publication of the official offer document and prospectus regarding its voluntary public tender and exchange offer for all ordinary shares of BMPS (BMPS IM). The published materials include the CONSOB-approved offer document alongside an EU follow-on prospectus for the newly issued shares intended to facilitate the transaction on Euronext Milan. (Intesa Sanpaolo) Orlen SA (PKN PW) - Poland’s Orlen terminated a long-term LNG supply agreement with QatarEnergy after war-related disruptions prevented deliveries, becoming its first customer to cancel a contract, Bloomberg reports. The deal, valued at approximately EUR 570mln this year, was due to run until 2034 and remains effective for 60 days. Orlen retains a second QatarEnergy contract and has secured alternative US supplies. (Bloomberg) Recordati (RCO IM) - 9M 2026 (EUR): Revenue 2.10bln, +7.5% Y/Y, EBITDA 801.1mln, +7.7% Y/Y. FY 2026 financial targets confirmed at the upper end of the guidance range. (Recordati) Telecom Italia (TIT IM) - Q3 2026 (EUR): EBITDA 1.05bln (exp. 1.04bln), Revenue 3.61bln (exp. 3.60bln); affirms outlook. (Telecom Italia) Voestalpine (VOE AV) - H1 2026 (EUR): Revenue 7.7bln (prev. 7.6bln Y/Y), EBITDA 846mln (prev. 722mln Y/Y). Trims FY27 EBITDA 1.6-1.7bln (prev. guided 1.6-1.85bln). (Voestalpine) BROKER MOVES Azelis (AZE BB) downgraded to Hold from Buy at Jefferies IMCD (IMCD NA) downgraded to Hold from Buy at Jefferies SMI Alcon (ALC SW) - Q3 2026 (USD): Net Sales 2.71bln (prev. 2.58bln Y/Y), Op. Margin 14% (prev. 12.8%). 2026 Outlook: Sees Net Sales Growth +6% (prev. guided +5-7%), and tightens range for Core Op. Margin and Core Diluted EPS. (Alcon) Swiss Life (SLHN SW) - 9M 2026 (CHF): Fee Income 2.04bln, +8% Y/Y, Premiums 17.4bln, +8% Y/Y. (Swiss Life) OTHER SWISS COMPANIES SoftwareOne (SWON SW) - Q3 2026 (CHF): Revenue 377.3mln (prev. 343.3mln Y/Y), Adj. EBITDA 79.5mln (prev. 65.2mln Y/Y). Lifts Adj. EBITDA Margin to "more than" 24% (prev. guided "more than" 23%). (SoftwareOne) BROKER MOVES Clariant (CLN SW) upgraded to Buy from Hold at Jefferies SCANDINAVIA Vestas (VWS DC) - Q3 2026 (EUR): Revenue 5.7bln (exp. 6.06bln), Adj. EBIT 483mln (prev. 416mln Y/Y). Outlook FY26: Narrows Revenue 20.5-21.5bln (prev. guided 20-22bln), Narrows Adj. EBIT Margin 7.5-8.5% (prev. guided 7-9%). Says that a decrease in order intake was primarily due to the lower onshore intake in the US. (Vestas) BROKER MOVES US CLOSES: SPX -0.36% at 7,523, NDX -0.60% at 27,750, DJI -0.29% at 52,237, RUT -0.65% at 2,822. SECTORS: Financials +0.49%, Consumer Discretionary +0.46%, Energy +0.33%, Health +0.29%, Consumer Staples +0.22%, Industrials -0.08%, Real Estate -0.10%, Communication Services -0.15%, Utilities -0.23%, Materials -0.55%, Technology -1.40%. Anthropic (ANT) - Anthropic’s bankers are considering raising its IPO valuation to at least USD 1.5tln following strong investor demand, the FT reports. The proposed share price would exceed the initial USD 70-78 range, potentially lifting total fundraising above USD 100bln. Anthropic initially targeted up to USD 64bln, alongside a USD 26bln private placement involving Alphabet (GOOG), Nvidia (NVDA) and Microsoft (MSFT). CoreWeave (CRWV) - CoreWeave shares surged almost 16% in extended US trading following stronger than expected quarterly revenue and profits, alongside upgraded FY guidance and a growing order backlog; the release highlighted robust AI infrastructure demand. Q3 adj. EPS -0.95 (exp. -1.16), Q3 revenue +168% Y/Y at USD 3.66bln (exp. 3.54bln), Q3 adj. net loss USD 529mln (exp. loss of 700.3mln), adj. EBITDA USD 2.26bln (exp. 2.04bln), adj. operating income USD 379mln (exp. 233.7mln). Revenue backlog increased to USD 132.5bln (from USD 104bln in Q2), while total debt reached nearly USD 47bln. CEO Michael Intrator noted strong AI infrastructure demand. Expects approximately USD 9bln in customer prepayments and deposits over the next three months, with most remaining capital requirements financed through asset-backed loans and customer contracts rather than unsecured debt. Sees Q4 interest expense between USD 1.05-1.15bln. Raises FY26 revenue guidance to between USD 13.0-13.3bln (exp. 12.86bln; prev. saw 12.4-13.2bln), adj. operating income to between USD 1.275-1.375bln (exp. 1.07bln; prev. saw 960mln-1.15bln), and capex to between USD 37-39bln (exp. 37.69bln; prev. saw 35-39bln). Targets annualised revenue of USD 20-21bln exiting 2026, with adj. net profitability expected by 2028. Nvidia (NVDA) - US Commerce Secretary Lutnick was sent a classified memo warning about Nvidia CEO Jensen Huang’s relationship with a suspected Chinese spy ahead of President Trump’s 13-15th May visit to China, Axios reports. The memo, overseen by Secretary of State Rubio, raised questions over US approvals of Nvidia chip exports. (Axios) OpenAI - OpenAI’s Q3 revenue surged 50% Q/Q to approximately USD 10bln, accelerating from 17% growth in Q2, according to The Information. The rebound was driven by stronger demand for newer AI models and enterprise products. OpenAI disclosed the figures to investors while seeking to close a fundraising round at a USD 1.25tln valuation. (The Information)