
PostNL Stock Jumps as Q2 Earnings Surpass Muted Expectations
Shares in Dutch postal company PostNL rose on Monday after its second-quarter 2026 earnings release, which appeared to clear the low bar set by cautious analyst forecasts.

Shares in Dutch postal company PostNL rose on Monday after its second-quarter 2026 earnings release, which appeared to clear the low bar set by cautious analyst forecasts.

The outsourcing firm's stock rallied after securing a major five-year extension for London's road user charging services, a move that overshadowed a recent warning on pension contract costs.

Taiwan's main stock index ended Monday's session unchanged, masking underlying market activity where advancing stocks significantly outnumbered decliners. The flat close came as global oil prices fell sharply.

Transport software firm Microlise Group reported a 10% drop in first-half revenue to £39.50 million due to weak hardware and OEM sales, but saw a significant recovery in profitability and a 12% rise in annual recurring revenue.

UK media technology firm Seeen announced a 65% increase in 2025 revenue to $5.0 million, driven by its YouTube services, while significantly narrowing its adjusted EBITDA loss to $0.2 million.

Shares of Chinese AI firm Zhipu AI declined as competitors including Alibaba and MiniMax unveiled more powerful and cost-effective models, intensifying concerns over pricing pressure and market share in the country's crowded AI sector.

EasyJet has synchronized the offer deadlines for rival suitors Apollo Global Management and Castlelake, setting a new date of August 7 for both firms to submit their final bids for the budget airline.

Australia's S&P/ASX 200 index gained 0.47% on Monday, driven by strength in utilities and consumer discretionary stocks, though the advance was tempered by significant losses in the materials sector.

Second-quarter corporate earnings are tracking at a robust 26% year-over-year growth, providing a supportive backdrop for equities amid sharp swings in AI-related stocks, according to a new report from Goldman Sachs.