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Movers & Shakers - 3 May 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

HSBC Group (HSBA.L) - Posted a better-than-expected 14% drop in Q1 profit. Primarily due to trading income tumbling in its investment banking unit because of the grim global market environment early in the year, the profit fall was smaller than expected, beating analyst expectations. Closing price  454.70p (Reuters)

Just eat (JE.L) – The board have raised full year earnings guidance expectations to £358m, up from forecast of £350m. Closing price 383.50p (Reuters)

Aberdeen Asset Management Plc  (ADN.L)  - Posted a 40% fall in H1 underlying pretax profit, hit by a broad slump in weak emerging markets and cash outflows form assets under management down 11.5%.  Profits in the six months to end-March were £162.9m while revenues fell 20% to £483.6.  Closing price 299.80p (Reuters)

For more information on any of these individual news items, call into the trading floor

Prior day's Movers & Shakers:

Stock Code Close High Low
RBS RBS -6.05% 1.31% -6.29%
Astrazeneca AZN -0.80% 3.74% -0.83%
Int. Consolidated Airlines IAG -4.72% -2.00% -5.90%
BP BP -2.24% -0.48% -2.24%
Royal Dutch Shell RDSB -1.90% -0.38% -1.95%
Tullow Oil TLW -0.60% 3.20% -4.12%
Weir Group WEIR -1.07% 2.64% -1.07%
Cairn Energy CNE -3.28% 0.22% -3.46%
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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.

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

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