This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.
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
UK 100 ( UK 100 Cash), Dow Jones (Wall Street Cash), De Dax (Germany 30 Cash) - Morgan Stanley’s bet on five-year Treasuries is paying off as the notes head for their best week since July amid receding odds of a Fed interest-rate increase in September. U.S. sovereign debt is set for its first weekly gain in three as investors focus on monthly jobs data today, a day after a report showed manufacturing unexpectedly shrank in August. Current levels 6,765pts, 18,405pts, 10,568pts (Bloomberg)
Centamin (CEY.L), Fresnillo (FRES.L), Hochschild Mining (HOC.L), Lonmin (LMI.L), Randgold Resources (RRS.L) – With the notorious monthly US payroll print due out this afternoon, many market participants are expecting data which might offer greater clarity over the Federal reserve’s policy about an interest rate rise in the near term, watch out for movement in the safe-heavens for any surprises. Closing prices 148.00p, 1619.00p, 250.70p, 201.75p, 7250.00p (Accendo Markets)
Anglo American Plc (AAL.L) – Anglo’s top investor, South African state owned Public Investment Corp, is to meet with Anglo over the next week to discuss whether the company’s plan to sell over half of its mines is the best option for the country and company. Closing Price 788.70p (Reuters)
Ryanair (RYA.L) – Ryanair announced that August traffic grows 11% to 11.5m customers, with load factor increased 1% to 96%, and rolling annual traffic up to August growing 16% to 112m customers. Closing price 12.33c (Reuters)
For more information on any of these individual news items, call into the trading floor
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