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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), Premier Oil (PMO.L), Weir (WEIR.L) – With OPEC meeting on Wednesday in Vienna to discuss its potential first production cut in eight years, it is embarking on a last-ditch diplomatic push, with ministers flying to Russia for talks. The Saudi Oil minister suggested the oil-club doesn’t necessarily need to curb output expecting demand to recover in 2017 having seen oil fall to $46 a barrel. Closing prices 454.95p, 2111.00p, 272.70p, 189.30p, 53.50p, 1804.00p (Bloomberg)
Aberdeen Asset Management Plc (AND.L) – Reported a full year profit fall of more than 28%, profit fell to £352.7m against £491.7m a year ago, however equity outflows have reduced and assets under management had increased by 10% to £312bn from £283bn a year ago. Still on track to meet £70m costs saving target by march 2017. Closing price 286.10p (Reuters)
For more information on any of these individual news items, call into the trading floor
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