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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
BP (BP.L), Royal Dutch Shell (RDSb.L), Tullow Oil (TLW.L), Cairn Energy (CNE.L), Weir Group (WEIR.L), Premier Oil (PMO.L)) - Oil prices eased on Tuesday due to concerns over a crude and refined fuel oversupply overshadowed an expected cut in U.S. shale production and a probable further draw in U.S. crude inventories. Closing prices 449.30p, 2110.50p, 224.30p, 200.30p, 69.25p (Reuters)
Royal Mail Plc (RMG.L) - Trading in line with expectations, group rev was positive however, UK rev was down 1% In Europe. Closing price 502.00p (Reuters)
Rio Tinto (RIO.L) - Was on track to meet its full-year iron ore shipment guidance from its Australian mines of roughly 330mn tonnes, underscoring the strength of sales to China, despite concerns of oversupply. China's iron ore imports grew strongly in H1 of 2016 as cheaper imported ore replaced domestic output, its steel production has also risen, fuelled by expectations of higher domestic construction spending and rising steel exports. Closing Price 2642.5p. (Reuters)
For more information on any of these individual news items, call into the trading floor
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