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Movers & Shakers - 16 August 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

BHP Billiton PLC (BLT.L) – A key fund has continued to press for enhancement of returns, the simplification of corporate structure and overhaul of its oil and gas unit. It disclosed it had boosted its holding in the world’s biggest mining company. Paul Singer’s Elliott raised its stake in BHP to 5% from 4.1%. Closing price 1342.00p (Bloomberg)

Hochschild Mining Plc's (HOCM.L) -  Saw its pretax profit fall 34% in H1 after being hurt by higher costs. The miner reported a pretax profit of $39.9m for the six months ended June 30, compared with $60.3m a year earlier. Closing price 317.00p (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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