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This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Movers & Shakers - 16 September 2014

The below stocks have been identified as having potential to register bigger than normal share price moves (up or down) today based on the news cited

ASOS (ASC.L) It would meet market expectations for pretax profit in the 2013-14 year, though it cautioned the outcome for 2014-15 would only be at a similar level to 2013-14 reflecting planned investment. Closing price 2422.00p (Reuters)

Galliford Try (GFRD.L) Chief Executive Greg Fitzgerald will retire no later than the end of 2015 and the board has begun the process to appoint his successor after 33 years at the company. Closing price 1238p (Reuters)

IQE (IQE.L) - Revenue slid 17% to £52m, hurt by destocking by customers due to softness in the handset market and a strong pound. British semiconductor materials maker IQE Plc reported a H1 pretax loss, from a profit a year earlier, hurt by a £3.1m charge due to restructuring. Closing Price 20p (Reuters)

Thomas Cook (TCG.L) full-year earnings would be in the range of £315m to £335m, putting it broadly on course to meet analyst expectations. Closing price 130.00p (Reuters)

For more information on any of these individual news items, call into the trading floor

Prior day's Movers & Shakers:

Stock Code Close High Low
BHP Billiton BLT.L -0.35% 0.30% -0.81%
Rio Tinto RIO.L 0.94% 1.37% -0.64%
Anglo American AAL.L 0.37% 0.91% -0.74%
SABMiller SAB.L 5.71% 13.26% 3.92%
Monitise MONI.L 4.19% 5.97% -3.01%
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This research is produced by Accendo Markets Limited. Research produced and disseminated by Accendo Markets is classified as non-independent research, and is therefore a marketing communication. This investment research has not been prepared in accordance with legal requirements designed to promote its independence and it is not subject to the prohibition on dealing ahead of the dissemination of investment research. This research does not constitute a personal recommendation or offer to enter into a transaction or an investment, and is produced and distributed for information purposes only.

Accendo Markets considers opinions and information contained within the research to be valid when published, and gives no warranty as to the investments referred to in this material. The income from the investments referred to may go down as well as up, and investors may realise losses on investments. The past performance of a particular investment is not necessarily a guide to its future performance. Prepared by Michael van Dulken, Head of Research

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