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Movers & Shakers - 22 December 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

BT Group PLC (BT.L) - To reinvest £292m under the government’s broadband delivery U.K. project, department for culture says. With a total of £442m that can be reinvested to boost broadband connections in remote parts of the country and £129m already allocated to be spent in some regions. Closing price 321.75p (Bloomberg)

ITV PLC (ITV.L) – Some city analysts say that trends in U.K. retail prices are improving, suggesting a return to “above-the-line” advertising spending for consumer goods and ITV should be improving advertising trends in H2 of 2017. Net advertising growth is expected to be around 6%. Closing price 200.00p (Bloomberg)

Royal Bank of Scotland (RBS.L) -  Is close to selling at least $600m in shipping loans from its books, two sources familiar with the matter told Reuters. Closing price 228.40p (Reuters)

 

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.

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