This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.
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), Premier Oil (PMO.L) - Oil prices fell in early trading on Monday, as rising U.S. drilling activity and steady supplies from OPEC countries continue, have pressured already-bloated markets despite touted production cuts. Closing prices 463.00p, 2230.00p, 202.30p, 64.50p (Reuters)
AstraZeneca (AZN.L) - A new class of type 2 diabetes drugs significantly cut the risk of death and hospitalization for heart failure compared with other medicines for the disease, according to data released on Sunday from a so-called real world study sponsored by AstraZeneca. Closing price 4897.00p (Reuters)
Rio-Tinto (RIO.L) – Has pledged to cut 150mmtns of steel output by 2020, seeking to curb greenhouse gas emissions, compelling steel mills to upgrade or cease operations. Reforms that shutter smaller mills and favor larger facilities will support steel output, lift demand for better quality imported iron ore and help to reduce emissions to meet China industrial reforms CEO Jacques said in Beijing. Closing price 3453.50p (Bloomberg)
Vodafone Group PLC (VOD.L) - Shares of Idea Cellular jumped as much as 14% in Mumbai after Vodafone’s Indian unit agreed to merge to create a wireless company that’s more than twice as big as AT&T Inc. Vodafone will own 45.1% of the combined company, after selling a 4.9% stake in the new entity to billionaire Kumar Mangalam. Closing price 211.40p (Bloomberg)
For more information on any of these individual news items, call into the trading floor
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