Shares of petroleum refiners PBF Energy and Delek US have posted significant double-digit gains in July, propelled by a recent analyst upgrade and an improving outlook for refining margins.
Indonesia's IDX Composite Index closed up 0.12% on Wednesday, lifted by gains in the infrastructure, agriculture, and basic industry sectors. The modest advance came amid mixed market breadth and a slight weakening of the rupiah.
Shares in UK discount retailer B&M European Value Retail fell sharply after its first-quarter trading statement failed to meet investor expectations for a sustained recovery, compounding existing concerns over corporate leadership and leverage.
Oracle's stock gained in premarket trading following a Financial Times report that the company is the frontrunner in discussions to provide cloud infrastructure services to the Japanese government.
The Swedish grocery retailer's stock fell sharply after reporting second-quarter profit and revenue that fell short of analyst estimates, fueling concerns about its competitive positioning.
The subsea equipment specialist's stock rose after it confirmed its annual forecast remains on track, easing investor concerns over potential disruptions from conflict in the Middle East.
Swedish software firm Addnode reported a significant drop in second-quarter net profit and revenue, citing the impact of restructuring charges and difficult year-over-year comparisons. The company is implementing efficiency programs expected to yield substantial annual cost savings.
The British bootmaker held firm on its fiscal 2027 guidance, pointing to positive wholesale trends in the U.S. and steady performance in other key regions despite economic headwinds.
The subsea equipment provider's stock gained after it maintained its profit guidance for fiscal 2026, contingent on easing Middle East disruptions and stable project schedules.
