Stock Movers

← Stock MoversNew · 4 min

LLoyds Falls, Nordex Rises, Brunello Cucinelli Gains

LLoyds Falls, Nordex Rises, Brunello Cucinelli GainsNew4 min

Today's biggest winners and losers in the stock market.

On this episode of Stock Movers:

- UK bank stocks fall after a report that UK Chancellor of the Exchequer John Healey is set to raise taxes on them as part of this month’s budget. Lloyds (-2%), NatWest (-1.9%) and Barclays (-0.4%) are among the worst performers on the Stoxx 600 Banks Index.

- Nordex shares rise as much as 15%, the most since April, after the wind turbine manufacturer posted third-quarter earnings that smashed expectations and raised its margin goal for the full year.

- Brunello Cucinelli shares rose as much as 4.9% in Milan after the Italian luxury firm reported third-quarter earnings that beat expectations and raised its growth guidance for the year. The performance demonstrates the brand’s resilience against a worsening sector backdrop, analysts said.

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