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Movers & Shakers - 7 April 2016

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

Marks & Spencer (MKS.L) - Reported another fall in quarterly underlying sales in its clothing division, illustrating the extent of the challenge facing its new boss. For the 13 weeks to March 26, M&S's fiscal fourth quarter, sales of general merchandise at stores open over a year fell 2.7%. Though that was better than analysts' consensus forecast of a 3.4% decline and a third quarter fall of 5.8%, it still meant the division has enjoyed just one quarter of like-for-like sales growth in 21 quarters. Closing price 420.4p. (Reuters)

Anglo American (AAL.L), Antofagasta (ANTO.L), BHP Billiton (BLT.L), Fresnillo (FRES.L), Glencore (GLEN.L) Kaz Minerals (KAZ.L) Lonmin (LMI.L) -  After a healthy start to 2016 for many mining stocks hitting multiple year lows in 2015, many of the miners have registered healthy movements in share prices in Q1, with analysts’  this morning altering price targets on the very same stocks (See upgrades & Downgrades). Closing prices  522.50p, 438.50p, 732.70p, 926.00p, 140.10p, 159.90p, 119.00p (CNBC Market Alert)

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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