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Movers & Shakers - 1 March 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), Cairn Energy (CNE), Tullow (TLW) - Oil prices fell on Wednesday in the wake of industry data that showed a huge build in U.S. crude stockpiles that were already at a record high. Closing prices 350.65p, 1638.50p, 167.80p, 171.40p (Reuters)

Anglo American (AAL), Antofagasta (ANTO), BHP Billiton (BLT), Rio-Tinto (RIO), Glencore (GLEN), Vedanta (VED) - Moody's downgraded its outlook on Chinese government debt to "negative" from "stable" on Wednesday, citing uncertainty over authorities' capacity to implement economic reforms, rising government debt and falling reserves. Closing prices 491.30p, 490.40p, 740.40p, 1940.00p, 130.50p, 277.00p (Reuters)

ITV (ITV) – Core earnings rose 18% to £865m on revenue up 15% to £2.97Bn. Will pay a special dividend of 10p a share in addition to a final dividend of 4.1p, which was ahead of previous guidance. Closing Price 249.60p (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
Glencore GLEN -2.06% 1.43% -5.63%
Anglo American AAL 2.30% 7.34% -0.80%
Barclays BARC -8.11% -1.69% -11.19%
Direct Line Insurance DLG 5.40% 6.56% 0.10%
Taylor Wimpey TW. 0.54% 1.83% -1.66%
London Stock Exchange LSE 7.17% 8.96% 3.62%
Greggs GRG 15.56% 16.91% 1.69%
Jardine Lloyd Thompson JLT 4.08% 5.71% -0.94%
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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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