Daimler Truck shares in reverse; IAG backs outlook

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(AWP Alliance News) - The following stocks are the leading risers and fallers in Europe's major stock indices on Friday.

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CAC 40 WINNERS

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STMicroelectronics NV, up 2.7% at EUR38.075

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ArcelorMittal SA, up 2.5% at EUR55.88

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Legrand SA, up 1.8% at EUR129.80

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CAC 40 LOSERS

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Capgemini SE, down 2.9% at EUR126.75

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Kering SA, down 2.6% at EUR185.58

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LVMH Moet Hennessy Louis Vuitton SE, down 2.6% at EUR407.85

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DAX 40 WINNERS

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Infineon Technologies AG, up 3.1% at EUR47.38, AI-linked shares recover, Infineon fell more than 8% on Thursday

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Siemens Energy AG, up 2.6% at EUR116.84

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Hochtief AG, up 1.4% at EUR351.20, slid 4.7% on Thursday as hurt by data centre exposure, but posted profit climb

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DAX 40 LOSERS

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Zalando SE, down 3.7% at EUR27.43

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Rheinmetall AG, down 3.6% at EUR811.30, UBS, DZ Bank, BNP Paribas Exane all lower price targets and Bernstein cuts to 'market perform' after Thursday's outlook cut

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Deutsche Post AG, down 3.6% at EUR58.22

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FTSE 100 WINNERS

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Metlen Energy & Metals PLC, up 2.3% at EUR45.58

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Endeavour Mining PLC, up 1.8% at 4,083.5p

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International Consolidated Airlines Group SA, up 1.4% at 433.2p

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FTSE 100 LOSERS

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Airtel Africa PLC, down 4.4% at 276.4p

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BT Group PLC, down 4.3% at 221.85p

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WPP Group PLC, down 3.9% at 402.85p

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MIB 40 WINNERS

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STMicroelectronics, up 1.9% at EUR37.785

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Technoprobe Spa, up 1.5% at EUR20.82

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Amplifon Spa, up 1.2% at EUR12.22

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MIB 40 LOSERS

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Nexi Spa, down 4.0% at EUR4.48

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Saipem Spa, down 3.0% at EUR4.13, oilfield services firm tracks oil price lower

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Leonardo Spa, down 2.5% at EUR48.10, losing streak set to extend as defence sector hurt by US midterm result

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SMI 20 WINNERS

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UBS Group AG, up 1.2% at CHF40.35

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Amrize AG, up 0.2% at CHF34.92

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SMI 20 LOSERS

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Swiss Re AG, down 3.6% at CHF153.50, rose 2.0% on Thursday

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Galderma Group AG, down 2.7% at CHF189.80

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Novartis AG, down 2.3% at CHF131.02

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European stock movers in focus:

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Daimler Truck Holding AG, down 3.2% at EUR40.56 in Frankfurt, 12-month range EUR33.46-EUR50.08.

It reports increased profit in the third quarter, but order intake disappoints. The commercial vehicle maker says net profit increases 53% to EUR702 million in the third quarter from EUR458 million a year earlier. Revenue rises 19% to EUR12.58 billion from EUR10.55 billion. Incoming orders rise 10% on-year to 71,168 in the third quarter. Reuters reports Daimler Truck misses order intake by around 9%.

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ASML Holding NV, up 3.2% at EUR1,289.40 in Amsterdam, 12-month range EUR822.20-EUR1,741.00. The chipmaker shed 6.6% on Thursday as artificial intelligence sector worries battered stocks again. The sell-off was down to worries that the resounding midterm win by the US Democrats will slow the AI build out. But analysts at merchant bank Yorkville Ives believe the sell-off was overdone. "We would characterize this sell-off level and magnitude with the tech sell-offs we saw in March 2020 during Covid and the April 2025 liberation day sell-off.which were golden buying opportunities to own the tech winners and this one is the same," the analysts say.

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Leonardo, down 2.5% at EUR48.10, 12-month range EUR44.25-EUR66.26. The defence sector has also lost out following the midterms, with Leonardo shares set for a fourth-successive decline in Milan. President Donald Trump back in January said he wanted to increase the US defence budget by half next year to a mammoth USD1.5 trillion to deal with "troubled and dangerous times." But the Democrat win may scupper spending plans.

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International Consolidated Airlines Group, up 1.4% at 433.2p, 12-month range 332.70p-492.90p. The British Airways owner says it is on track to deliver full-year market expectations. It continues to expect to deliver an operating margin before exceptional items in 2026 of at least 12%, within its through-the-cycle target range of 12% to 15%. IAG says operating profit fell 16% to EUR1.73 billion in the three months ended September 30 from EUR2.05 billion a year earlier, below the company's compiled consensus of EUR1.81 billion. Revenue rises 4.4% to EUR9.74 billion from EUR9.33 billion on-year.

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By Eric Cunha, Alliance News news editor

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