Citigroup upgraded the European food and beverage sector and the global healthcare sector to overweight from neutral.

The World Meteorological Organization (WMO) said an El Nifio forming in the Pacific will add about 0.1–0.2°C to global temperatures, leaving readings anomalously high for the remainder of this year and into early 2027. In a climate status report released Monday, the WMO said this year is likely to be among the hottest on record; January–September global temperatures averaged 1.47°C (2.65°F) above pre-industrial levels.

HKEX filings show BlackRock increased its stake in ZTE H shares to 7.12% from 6.62% on Nov 4.