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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
Barclays Plc (BARC.L) – The CEO cast a positive light on progress he’s making in his turnaround program, reiterating commitment to shedding lower-priority assets to bolster returns. Core consumer and investment banking businesses generating a return on tangible equity of about 11%, higher than the roughly 10% cost of capital banks face. The share price has climbed 46% since the lows of the EU vote. Closing price 177.40p (Bloomberg)
UK 100 ( UK 100 Cash), DAX (Germany Cash), Dow Jones (Wall Street Cash) – Last night Hillary Clinton held her lead over Donald Trump in the final presidential debate ahead of the election, analysts said. Today we have news on stimulus from the ECB announced at 12:00-12:45 UK time, with market reaction likely as to whether QE will end, be maintained, prolonged or increased. Current levels 7,016pts, 10,677pts, 18,227pts (CNBC / Accendo Markets)
Glencore (GLEN.L): Has agreed to sell its coal haulage business in New South Wales for $874.4 million to Genesee & Wyoming Inc. Closing price: 239.00p (Reuters)
The London Stock Exchange Group (LSE.L) - Says its focus remains on completion of the merger with Deutsche Boerse and reports Q3 total income up £414.6m vs £349.4m year to date, total income rises 14% to £1.2bn. Closing price 2813.00p (Bloomberg)
Rio Tinto (RIO.L) - Cut its 2016 guidance for iron ore shipments by as much as 5m tonnes after releasing lower Q3 production data, citing shipping interruptions. Closing prices 2623.50p (Reuters)
For more information on any of these individual news items, call into the trading floor
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