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  • It was a mixed session for risk assets yesterday with Europe ending the day in the red, while the US markets were more optimistic.
  • Following the increase of its stake in Nordic Waterproofing to 30.9% on 13 September which saw it cross the mandatory bid threshold, this morning Kingspan announced an offer of SEK600 per share for the outstanding shares.
  • Despite the US bond market being closed for Columbus Day yesterday, US Treasuries are currently having the best day since March.