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Movers & Shakers - 15 January 2016

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

BP. (BP.), Royal Dutch Shell (RDSb),  BG Group (BG.) - U.S. crude oil futures fell in Asian trade on Friday, as the prospect of additional Iranian supply looms over the market. Closing prices 347.70p, 1390.00p, 953.00p, (Reuters)

BHP Billiton (BLT) - Global miner BHP Billiton said on Friday it will write down the value its U.S. shale assets by $7.2 billion on a bleak outlook for oil and gas prices, cementing expectations it will be forced to cut its dividend for the first time in over 25 years. Closing price 657p. (Reuters)

Bovis Homes (BVS) – Reported record profit in 2015. Delivering 3,934 homes, an increase of over 8% compared to 2014 of 3,635. Average sales price increased by 7% to circa £231k compared with 2014’s £216k. Closing price 922.00p (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
Tesco TSCO 6.13% 7.86% 3.63%
Home Retail HOME 2.21% 6.73% -3.57%
Associated British Foods ABF -0.72% 0.59% -2.10%
JD Sports JD. 4.16% 7.80% 3.02%
William Hill WMH 3.41% 4.76% -3.33%
Burberry BRBY 0.81% 5.49% -1.08%
ASOS ASC -1.73% -0.29% -6.57%
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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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