Equities
Coca-Cola Icecek shares drop 3.9% after customs fine and assessment
The Turkish unit of Coca-Cola saw its stock fall to ₺80 after a combined customs fine and assessment totaling 2.8 billion lira, while JPMorgan downgraded the shares to Neutral.
Citizens keeps Tesla at Market Perform after Nevada robotaxi approvals
Analyst Andrew Boone maintained a neutral rating on Tesla despite Nevada granting commercial robotaxi permits for up to 5,000 vehicles. GLJ Research reiterated a Sell call citing weak margins and cash burn.
German DAX slips as investors await Nvidia results, Fed signals
The German blue-chip index fell 0.26% in early trade, testing support above 26,000 as chipmakers and automakers lagged. Markets brace for Nvidia earnings and Jackson Hole policy signals.
Cellnex, INWIT shares rise after Barclays upgrades to Overweight
European tower operators gain more than 1% as Barclays raises ratings citing overpriced contract renewal risks and potential shareholder returns. Price targets set at €38 for Cellnex and €8.60 for INWIT.
Morgan Stanley initiates ArcelorMittal with overweight, sees 14% upside
Analysts cite European trade protections and decarbonization discipline as key drivers for the steelmaker’s valuation. Targets set at €70 for Amsterdam-listed shares and $82 for US ADRs.
Baird initiates Brinker with outperform, sets $325 target on turnaround
Analysts upgrade Brinker International to outperform as Chili's turnaround drives traffic, margin gains and a 64% one-year return. Baird's $325 target implies 32% upside from current levels.
Canaccord downgrades Regis Resources to neutral, lifts price target to A$8.00
Analyst cites valuation concerns despite raising Regis Resources' price target by 19%. FY2027 free cash flow forecast cut to A$156 million, while production guidance remains unchanged.
Jefferies initiates buy coverage on Ionic Digital with $85 target
Analysts project 24% upside for Ionic Digital as Jefferies launches coverage, citing strong liquidity and debt-free position amid transition to AI infrastructure leasing.
Swiss stocks slip as pharma giants weigh; Nestlé rises, biotech drags
SMI falls 0.25% to 14,423 as Roche and Novartis decline; Nestlé gains 0.5%. Biotech sector under pressure amid broader market caution ahead of key U.S. events.
Halyk Bank plans Islamic banking vote for Sept 2026
Kazakhstan’s Halyk Bank will hold an extraordinary shareholders’ meeting via absent voting to seek approval for an Islamic banking license and related governance changes.
Halyk Bank shareholders to vote on Islamic banking license
Kazakhstan’s largest lender schedules an extraordinary meeting for September 25 to seek shareholder approval for an Islamic banking license and related charter changes. Board greenlit the agenda on Thursday.
GSK wins Japan approval for hepatitis B drug, FDA to review cancer therapy
Japan approves GSK's bepirovirsen as first functional cure for chronic hepatitis B. U.S. FDA sets February 2027 review date for dostarlimab in rectal cancer.
Halyk Bank of Kazakhstan to hold EGM on Islamic banking expansion
Shareholders to vote on Islamic banking license and governance changes at a remote-only meeting on Sept. 25, 2026.
Toei Animation shares surge 5.6% on One Piece film announcements
Japanese animation studio gains after unveiling two new One Piece movies, with God Valley set for summer 2027 and BAAD for 2029. Nikkei 225 slipped 0.7% in tandem.
DAX seen lower as investors eye Nvidia earnings, Iran sanctions and Jackson Hole
German blue-chip index expected to slip 0.2% at open as geopolitical risks and key U.S. events weigh on sentiment. Support at 26,000 and 21-day line in focus.
Plazza posts 67% profit jump on higher property valuations in H1 2026
Swiss real estate firm Plazza reported a 67% rise in net profit for the first half of 2026, driven by a more than doubling of revaluation gains to CHF 40 million. Portfolio value increased to CHF 1.36 billion.
Toei Animation jumps 6.2% on new One Piece films
Toei Animation surged after unveiling two new One Piece films at the weekend event, with the first scheduled for summer 2027. The broader market offered little support.
Allreal posts strong H1 earnings beat despite lower revaluations
Swiss real estate firm Allreal reported a 20.8% rise in underlying net profit for H1 2026, driven by asset sales and lower financing costs, while total net income fell 9.6% on reduced revaluation gains.
Global market agenda: Key events for Aug 24, 2026
PDD Holdings reports quarterly earnings; U.S. CFNA index data due alongside other global economic releases.
Swiss blue chips flat to open; SoftBank, KI stocks fall as Asia markets waver
Swiss franc strengthens versus euro and dollar as Asian equities drift lower on geopolitical risks and earnings caution. Brent crude dips 1.5% after prior week’s gains.
Ampol shares surge 4.4% on record H1 profit, Lytton refinery upgrade
Australian fuel group posts A$857 million net profit after tax in H1 2026, beating estimates, as refining margins triple and dividend more than quadruples. Shares rise to A$41.59.
Ventia posts record 9.4% EBITDA margin in HY26 as revenue declines 4.7%
Australia’s Ventia Services Group reported a 9.4% EBITDA margin in the first half of 2026, up 1.1 percentage points year-over-year, despite a 4.7% drop in revenue to $2.9 billion. The company reaffirmed full-year NPATA growth guidance of 7–10%.
Aussie Broadband shares drop 4% after FY26 results despite EBITDA growth
Revenue rose 9.2% to AUD 1.30 billion while underlying EBITDA climbed 20% to AUD 165.3 million, but shares fell on margin concerns and regulatory headwinds. FY27 EBITDA guidance set at AUD 205-215 million.
Kogan FY26 presentation: $1B sales milestone, stock falls 15%
Finance Review Daily is tracking this developing story; additional confirmed specifics had not been verified at the time of publication.