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Movers & Shakers - 13 November 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

UK 100 ( UK 100 Cash), The Dow Jones (Wall Street Cash), DAX (Germany 30 Cash) – Sterling fell in early trading due to dissent amongst the ranks in the conservative party and talks between the EU and the UK stalling. David Davis and the UK did not offer the EU a definitive figure or a formulae for what it owes the EU after Michael Barnier stated the UK had two weeks to offer clarity on its obligations.

Ladbrokes Coral Group PLC (LCL.L) - Says group net revenue increased 3% in Q3. European retail net revenue accelerated 17% higher, with digital revenue also climbing 12% and gaming revenue up 6%.

Ryanair (RYA.L) - Is set to increase the number of pilots it employs and hire more staff to respond to their queries as part of a new programme to improve its pilot management.

Taylor Wimpey PLC (TW.L) – Was on track to meet guidance for further growth, performing strongly during H2 delivering excellent sales rates improving y-o-y. UK housing market has remained positive through second half of 2017, although the order book is lower than 2016. Building costs set to increase 4% due to labour costs.

 

(Sources: Company Newswires, Bloomberg, CNBC, FT, Reuters, Wall Street Journal)


 

For more information on any of these individual news items, call into the trading floor

Prior day's Movers & Shakers:

Stock Code Close High Low
BURBERRY GROUP  BRBY -2.3% 1.1% -4.6%
RANDGOLD RESOURCES  RRS -0.6% 0.4% -0.9%
STANDARD CHARTERED  STAN 0.2% 0.4% -0.6%
VEDANTA RESOURCES  VED -1.6% 2.6% -2.2%
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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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