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This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Movers & Shakers - 10 October 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

HSBC agreed a $765m settlement with US DoJ over claims of 2005-2007 mis-selling of US residential mortgage backed securities. (Source: Company)

PageGroup Q3 gross profit +19.7% YoY, Permanent +21%, Temp +14.8%; 2018 operating profit expected marginally ahead of consensus. (Source: Company)

Polymetal upgrades estimate for Prognoz silver deposit to 256 Moz of silver equivalent. Following new review, pure silver contained -19%, but avg. silver grade +25% and avg. vein width +15%. (Source: Company)

Genel Energy expects 2018 average net production slightly above guidance. (Source: Company)

(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
WPP WPP -3.4% -2.1% -4.6%
AVIVA AV/ -2.4% 0.3% -2.5%
FERREXPO FXPO 0.7% 3.5% -1.4%
GREGGS GRG 2.4% 6.5% 0.7%
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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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