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Movers & Shakers - 6 April 2018

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

Antofagasta (ANTO.L), Anglo American PLC (AAL.L), BHP Billiton PLC (BLT.L), Glencore PLC (GLEN.L), Vedanta Resources PLC (VED.L) – Copper prices climbed 1.4% in early trading as concerns over the prospect of a trade war between China and the United States eased driving cyclical assets, pushing European stocks higher by more than 2%. Closing prices 931.5p, 1646.2p, 1413.30p, 359.56p, 707.10p (Reuters)

Burberry PLC (BRBY.L), Next PLC (NXT.L), Sports Direct (SPD.L) - British retailers suffered their biggest sales decline since 2008 in march as comparable sales dropped 10.1% due to two snowstorms which kept shoppers at home as subzero temperatures and extraordinary snowfall disrupted Britain’s road and rail networks. This was the second worse month on record according to advisory firm BDO LLP. Closing price 1706.20p, 4823.80p, 368.22p (Reuters)

(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

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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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