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Trading Floor: Mutares ( 16.3%), BlackStone ( 10.7%), 3i (-7.5%)

Reported by BeBeez
Oct 26, 2026· 2 min read
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Key Takeaways
  • • Mutares (+16.3%) rose sharply after selling Natura, Poland's third-largest drugstore chain, to domestic retail group Specjał, according to a company press release cited by BeBeez.
  • • Blackstone (+10.7%) reported 3Q26 results on 22 October showing year-to-date profit growth and stable revenues, with growth exceeding 20% in the first nine months of 2026.
  • • 3i Group (-7.5%) fell as its NAV is roughly two-thirds exposed to Dutch discount retailer Action, which was hit by unrest in French cities and French public debt concerns.
  • • Private capital stocks benefited from easing macro worries, with economists forecasting slower US GDP growth that could temper Federal Reserve rate hikes.
Summary
Private capital stocks listed on global exchanges showed mixed performance in the latest BeBeez Trading Floor roundup, with investors becoming more optimistic after several weeks clouded by uncertainty. Positive sentiment was driven partly by macroeconomic signals: economists are forecasting a slowdown in US GDP following a sharp rise in yields tied to heavy AI-sector debt, which could ease the Federal Reserve's restrictive stance or at least discourage further rate increases, assuming the next FOMC rate move proceeds as scheduled. Eurozone yields reached 15-year highs, though investors do not expect further increases.

Frankfurt-listed turnaround specialist Mutares (+16.3%) led gains after completing the sale of Natura, Poland's third-largest drugstore chain, to domestic trade buyer Specjał, one of the country's largest retail groups, according to the company's press release. Analysts, as cited by BeBeez, view the rebound as more than temporary, reflecting the firm's ability to generate cash and maintain stable dividends.

NYSE-listed Blackstone (+10.7%) released 3Q26 results on 22 October showing year-to-date profit growth on both quarterly and cumulative bases, with stable revenues, rising management fees on higher volumes, and lower expenses. Growth exceeded 20% in the first nine months of 2026. NYSE-listed Ares Management (+8.8%) also rebounded after recent declines.

London-listed 3i (-7.5%) fell sharply because Dutch discount chain Action accounts for around two-thirds of its NAV. Concerns over unrest in several French cities, where Action has a strong presence, and fears about the French public debt situation weighed on the retailer's earnings outlook and, in turn, 3i's share price.

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Sources

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AlphaMaven summarised this story from the reporting below. Each link opens the original article.

BeBeez Trading Floor: Mutares ( 16.3%), BlackStone ( 10.7%), 3i (-7.5%)