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Movers & Shakers - 8 May 2017

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

Centrica (CNA) – Said that warmer than usual weather and weaker energy prices in Britain had impacted profit margins in its core energy supply business in Q1. Closing Price 198.70p (Reuters)

BP (BP..L) Royal Dutch Shell (RDSA/B.L) Tullow Oil (TLW.L) – Oil rises after Saudi Arabia's energy minister said an OPEC-led production cut scheduled to end in June would likely be extended to cover all of the year, or even into 2018. Closing Prices 451.35p, 2067.50p, 2117.50p, 203.80p respectively (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.

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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