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
Centamin (CEY.L), Fresnillo (FRES.L), Hochschild Mining (HOC.L), Randgold Resources (RRS.L) - Gold prices have advanced 5.6% this year, an increase nearly every day except a single session this month, on a reappraisal of political and economic risks as the U.K. gets to grips with the Brexit process and Donald Trump’s inauguration looms. Closing prices 151.90p, 1436.00p, 233.80p, 6820.00p (Bloomberg)
Legal & General (LGEN.L) - Plans to disclose in March how much more its CEO earns than rank-and-file employees following PM Teresa May's calls for a crackdown on excessive pay, becoming one of the first big U.K. companies to respond to growing concern about wage inequality with greater openness about pay. Closing price 246.00p (Bloomberg)
Rio Tinto (RIO.L) - Reported better than expected Q4 shipments from its Australian operations which rose 8% above estimates, as China’s surging demand extends price gains into 2017. Shipments increased to 87.7mt against the 80.9mt expected in the three months to Dec. 31 on mine expansions and minimal weather disruptions. Closing price 3488.00p (Bloomberg)
Rolls-Royce Plc (RR.L) – Will pay the biggest-ever penalty issued against a company by the U.K. It agreed to pay £670m to resolve long-running U.S. and U.K. investigations into allegations its representatives bribed foreign officials to win business. Rolls-Royce will pay the U.K. Serious Fraud Office £497.25m plus interest, and the U.S. DoJ about $170m. Closing price 665.00p (Bloomberg)
For more information on any of these individual news items, call into the trading floor
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