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Movers & Shakers - 29 September 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

Anglo American (AAL.L), BHP Billiton (BLT.L), Glencore (GLEN.L), Kaz Minerals (KAZ.L), Rio-Tinto (RIO.L), Vedanta (VED.L) – Asian stocks rallied  as oil held near a three-week high after OPEC members unexpectedly agreed to cut crude output for the first time since 2008, Brent hitting $4950 a barrel and WTI moving +5% respectively. Closing prices 923.70p, 1097.00p, 209.35p, 210.60p, 2525.50p, 565.00p (Bloomberg)

Easy Jet (EZJ.L), International Consolidated Airlines (IAG.L), Thomas Cook Group (TCG.L), TUI (TUI.L) -  PM Theresa May has enough support to win approval of Heathrow Airport expansion if she puts it to a vote next month, the FT reports, citing unidentified close allies of May. Meetings will take place in October. Closing price 1031.00p, 399.00p, 71.85p, 1100.00p (Bloomberg/Financial Times)

Merlin Entertainment (MERL.L) -  Says its group revenue for the year to date shows growth +10.6%, despite being fined £5m earlier this week. Closing price 469.60p (Bloomberg)

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

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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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