Additional European Equity News

Avanza (AZA SS) - Q4 (SEK): Op. Income 1.06bln (exp. 679mln), Op. expenses -335mln (exp. -338mln), Net Income 625mln (exp. 583mln) (Newswires)

Abrdn (ABDN LN) - Q4 (GBP): AUMU 511.4bln (prev. 506bln Y/Y). "FY 2024 adjusted operating profit expected to be in line with current market expectations, providing a solid base from which to grow". (Newswires) 

Kier (KIE LN) - H1 (GBP) Trading Update: Kier delivered a strong H1, in line with expectations. (Newswires) 

Renault (RNO FP) - Minto appointed CFO of co. (Newswires) 

UBS (UBSG SW) - Co. halts margin loans on some new world development securities, via Bloomberg. (Bloomberg)

Associated British Foods (ABF LN) downgraded to Underweight from Equal Weight at Morgan Stanley 

Norsk Hydro (NHY NO) downgraded to Sector Perform from Outperform at RBC

Sainsbury's (SBRY LN) downgraded to Underweight from Equal Weight at Morgan Stanley

SEB (SEBA SS) downgraded to Hold from Buy at HSBC