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Movers & Shakers - 12 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

BP PLC (BP.L), Royal Dutch Shell (RDSb.L), Premier Oil PLC (PMO.L), Tullow Oil PLC (TLW.L) – After a 3% jump in the US on Wednesday, followed by a 1% gain overnight on expectations of more, and possibly deeper, cuts by OPEC. Upbeat US inventory data stoked Wednesday's jump while yesterday the cartel said its production dropped in April, a sign that members are curbing output as agreed. Closing price 455.95p, 2195.00p, 61.50p, 204.50p (Dow Jones Newswire)

Lloyds (LLOY.L) -  The British government will make at least a £500m profit from its bailout of the bank, CEO Antonio Horta-Osorio said, as the lender nears a return to private hands. Closing price 69.66p (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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