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
BG Group (BG.L) - Beat 2015 production targets. They also booked a $700m impairment charge in Q4 related to fields in the North Sea and Tunisia due to the fall in oil prices. Closing prices 939.90p (Reuters)
Anglo American (AAL.L) - Agrees 100% interest sale of Callide coal mine to Batchfire Resources. The transaction remains subject to several conditions precedent, and its terms are confidential. Closing price 238.80p (Reuters)
Genel Energy (GENL.L) – Stated that although they were well positioned to weather the downturn in oil prices cutting capital expenditure, they forecast 2016 revenue to be much lower than in 2015, citing the oil price weakness. Closing price 124.00p (Reuters)
BP (BP.L), Royal Dutch Shell (RDSA.L), BG Group (BG.L), Tullow Oil (TLW.L) – Crude futures slumped again in Asian trade on Wednesday, with U.S. oil dropping more than 3% towards $27 a barrel and its lowest since 2003, on worries about global oversupply continuing. Closing prices 342.45p, 1369.50p, 939.90p, 128.00p (Reuters)
Fresnillo Plc (FRES.L) - Full year silver production, up 4.4% versus 2014. Closing price 664.50p (Reuters)
WH Smith Plc (SMWH.L) - Expects full-year profit "slightly ahead" of expectations after a strong sales performance at its High Street business over the Christmas period. Like-for-like sales were up 2% in the 20 weeks to Jan. 16, with total sales rising 4% and outlet sales up 12%. Closing price 1588.00p (Reuters)
For more information on any of these individual news items, call into the trading floor
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.
Accendo Markets considers opinions and information contained within the research to be valid when published, and gives no warranty as to the investments referred to in this material. The income from the investments referred to may go down as well as up, and investors may realise losses on investments. The past performance of a particular investment is not necessarily a guide to its future performance. Prepared by Michael van Dulken, Head of Research