Trending tickers: TSMC, AstraZeneca, Lloyds, Fresnillo and Canal+

TSMC (2330.TW, TSM)

Taiwanese chipmaker TSMC (2330.TW, TSM) was in focus on Monday morning ahead of the release of its third quarter results on Thursday.

The company's US listed shares were up more than 5% in pre-market trading, rebounding from a 6% fall in Friday's session.

Read more: European stocks rise as Trump takes sting out of fresh US-China trade spat

The world's largest contract chipmaker reported its September sales figures last week, posting revenue of NT$330.98bn (£8.09bn) for the month. This took its total revenue for the third quarter to NT$989.92bn, according to Yahoo Finance UK's calculations, which beat some estimates.

Converted into US dollars, the third quarter figure came in at $32.43bn, which would be around the middle of TSMC's guidance for the period, of $31.8bn to $33bn.

TSMC has guided to an operating margin of 45.5% to 47.5% for the quarter.

AstraZeneca (AZN.L)

On the London market, shares in AstraZeneca (AZN.L) edged 0.6% higher on Monday morning after the pharmaceutical giant struck a deal with president Donald Trump to lower the cost of medicines in the US.

AstraZeneca said that the deal, announced late on Friday, will enable US patients to access medicines at prices that are equalised with those available in other wealthy countries.

As part of the agreement, the company said that it would provide direct-to-consumer sales to eligible patients with prescriptions for chronic diseases at a discount of up to 80% off list prices.

AstraZeneca said it had also reached an agreement with the US Department of Commerce to delay section 232 tariffs for three years.

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12,711.40

-70.60

(-0.55%)

As of 10:00:53 AM GMT+1. Market Open. Advanced Chart

Lloyds Banking Group (LLOY.L)

Another gainer on the FTSE 100 (^FTSE) index on Monday morning was Lloyds Banking Group (LLOY.L), whose shares jumped 1.6% in early trading.

The shares advanced despite the lender announcing on Monday that it expected to set aside an additional £800m ($1.07bn) charge related to the car finance scandal, following a recent consultation paper from the UK's financial regulator on compensation payouts to affected consumers.

Read more: Bank of England warns of AI-driven stock market bubble

Lloyds had already said it had put aside £1.15bn of provisions to cover costs relating to the scandal. The bank said on Monday that the extra £800m provision reflected "increased likelihood of a higher number of historical cases ... and also the likelihood of a higher level of redress than anticipated in the previous scenario based provision".

Richard Hunter, head of markets at Interactive Investor, said the rise in Lloyds shares on Monday came as "investors chose to view the news positively since it removes a plank of uncertainty with regard to the eventual cost for the bank".

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84.36

+1.46

+(1.76%)

As of 10:00:59 AM GMT+1. Market Open. Advanced Chart

Fresnillo (FRES.L)

Precious metals miner Fresnillo (FRES.L) was the biggest riser on the FTSE 100 (^FTSE) on Monday morning, with its shares jumping nearly 6%, as silver and gold prices continued to surge.

Victoria Scholar, head of investment at Interactive Investor, said: "The flight to safety trade has continued to propel gold and silver, fuelled by Trump’s unpredictability with the threat of fresh tariffs on China that raises concerns about an escalating trade war between the two superpowers.

"Uncertainty has also weighed on the US dollar this year, with greenback weakness further underpinning gains for gold and silver."

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2,527.93

+151.93

+(6.39%)

As of 10:00:59 AM GMT+1. Market Open. Advanced Chart

Canal+ (CAN.L)

Shares in London-listed French media company Canal+ (CAN.L) rose nearly 2% on Monday morning after the firm announced plans for a secondary inward listing in South Africa.

Canal+ said the plans came after its takeover offer for entertainment company MultiChoice Group was accepted by shareholders.

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The deal will see MultiChoice become a wholly-owned subsidiary of Canal+, with an application to be made to terminate the listing of the entertainment company's shares in Johannesburg.

Canal+ said that plans for a secondary inward listing would broaden its investor base, "reinforce the company's long-term commitment to South Africa and Africa's creative economy, and support continued institutional exposure to the media sector."

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