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Movers & Shakers - 2 June 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

easyJet (EZJ), Intl. Cons. Airlines (IAG) - Potential read-accross after sector peers Ryanair (RYA) and Wizz Air (WIZZ) reported increased traffic in May to the tune of 12% and 20% respectively. Closing prices: 1508p, 525.5p, €13.96, 1927p (Reuters)

GlaxoSmithKline (GSK) -  Expects to file its new three-in-one inhaled lung drug for U.S. approval by the end of 2016, rather than the first half of 2018 as previously expected, in a boost for its pivotal respiratory business. Closing Price 1447.50p (Reuters)

Johnson Matthey (JMAT.L) - Forecast higher results in the coming year after restructuring and due to improved market conditions. Closing Price 2827.00p (Reuters)

Glencore (GLEN.L) – Glencore will close its Tahmoor coal mine in Australia by early 2019. The mine has 350 employees. Closing price 128.70p (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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