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Movers & Shakers - 8 August 2017

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

Standard Life (SL.L) – Has posted a 6% rise in H1 operating profit and beat expectations by 2.5%, as it nears completion of an £11bn merger with Aberdeen Asset Management, which will complete on Aug. 14, after being signed off by shareholders in June. Closing price 443.30p (Reuters)

Bellway PLC (BWY.L) - Expects full year housing revenue to increase by over 13% to £2.5bn and its order book climbed to £1.29bn up 16%. Closing price 3200.00p (Reuters)

Paysafe Group (PAYS.L) – Posted a HY revenue of $538.7m up 11% year on year from $486.7m. Closing price 592.00p (Bloomberg / Reuters)

Sainsbury's PLC (SBRY.L) -  Is considering cutting 1,000 head office jobs as part of a drive to save £500m in costs. Closing price 250.00p (Reuters)

(Sources: Company Newswires, Bloomberg, FT, 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
AstraZeneca AZN 0.3% 0.8% -0.8%
BAE Systems BA. -2.7% 3.5% -3.0%
Rio Tinto RIO -3.0% -1.6% -3.5%
Royal Mail RMG -0.4% 0.5% -0.5%
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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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