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
Anglo American (AAL.L), Antofagasta (ANTO.L), BHP Billiton (BLT.L), Glencore (GLEN.L), Vedanta (VED.L) – Copper prices edged higher reaching the highest levels since May 2015. Since then Chinese consumption recovered and Donald Trump pledged $1tn infrastructure spend, while more recently the prospect of a prolonged stoppage at BHP Billiton Ltd.’s Escondida mine in Chile is supporting Copper prices. Closing prices 1395.00p, 866.00p, 1420.00p, 326.55p, 1100.00p (Bloomberg)
Anglo American Plc (AAL.L) – Is preparing to report its first annual profit increase in five years. Its worst mines are now delivering a windfall as Iron ore and coal prices have bounced back strongly. Now that the mines are profitable instead of bleeding cash, Anglo is scrapping plans to sell some of its biggest assets to pay off debt. Closing price 1395.00p (Bloomberg)
Shire (SHP.L) – Releases 4Q earnings at 12:00pm today. Expected total revenues: $3.8bn (16 estimates, range $3.7bn-$3.9bn) Closing Price 4589p (Bloomberg)
For more information on any of these individual news items, call into the trading floor
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