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
Barclays (BARC.L), Lloyds (LLOY.L), Royal Bank of Scotland (RBS.L) – Deutsche Bank said it's poised to advance on eliminating 1,000 Jobs. It's positioned to reach an agreement with labor representatives on job cuts this week as part of CEO John Cryan’s cost cuts announced last year attempting to boost profitability. Closing prices 167.80p, 54.55p, 178.80p (Bloomberg)
Easy Jet (EZJ.L), International Consolidated Airlines (IAG.L), Thomas Cook Group (TCG.L), TUI Travel (TUI.L) – Business groups pressed Prime Minister Theresa May for more detail after she said she’ll start the process of U.K. exit from the EU in Q1 of 2017,and hinted that she’s tending toward a so-called ‘hard Brexit’ evoking Article 50 no later than March 2017. Closing prices 1007.00p, 398.80p, 69.20p, 1097.00p (Bloomberg)
Taylor Wimpey (TW.L), Barratt Developments (BDEV.L), Persimmon (PSN.L) Bellway (BWY.L) - Britain launched a £5bn homebuilding stimulus package on Monday, including plans to borrow £2bn pounds to help address a long-term housing shortage that has become a major economic problem. Closing prices 154.10p, 494.30p, 1815.00p, 2369.00p (Reuters)
Randgold Resources (RRS.L), Fresnillo (FRES.L), Lonmin (LMI.L), Centamin (CEY.L) - The unprecedented worldwide surge in the market for bonds and safe heavens that are certain to lose money if held to maturity regained strength last month. The total face value of negative-yielding corporate and sovereign debt in the Bloomberg Barclays Global Aggregate Index of investment-grade bonds jumped to $11.6 Trn as of Sept. Keep a close eye on Gold stocks with heightened risk. Closing prices 7785.00p, 1814.00p, 200.05p, 148.40p (Bloomberg / Accendo Markets)
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