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
Anglo American (AAL.L), Antofagasta (ANTO.L), BHP Billiton (BLT.L), Glencore (GLEN.L), Rio-Tinto (RIO.L), Vedanta (VED.L) – China’s CPI and PPI print both came in stronger for November than expectations, with factory gate-inflation rising to the highest level since 2011. China Factory Prices Jump 3.3%, Lifting Global Inflation Outlook. Closing prices 1245.00p, 752.00p, 1372.50p, 302.65p, 3294.00p, 951.00p (Reuters)
BP (BP.L), Royal Dutch Shell (RDSb.L), Tullow Oil (TLW.L), Premier Oil (PMO.L) - Oil stocks likely to be subject to increased volatility today due to tomorrow’s meeting of OPEC & Non OPEC Countries. Prices rallied to the highest levels in 18 months after OPEC agreed on 30 November to slash production by 1.2m barrels per day (bpd) in H1 of 2017. Closing prices 476.60p, 2191p, 309p.60p,, 65p (Reuters, CNBC)
Barclays (BARC.L), Lloyds (LLOY.L), Royal Bank of Scotland (RBS.L) – Keep an eye on the Banking stocks today with news that the UK retail Banks could get a delay on clarity from the FCA on deadlines regarding PPI claims. Closing prices 239.00p, 62.77p, 220.30p (Sigma Squawk)
Royal Bank of Scotland (RBS.L) - Lost a court battle to withhold transcripts, notes and interview records from thousands of retail investors suing the bank over an ill-fated, £12bn share sale in 2008. Closing price 220.30p (Reuters)
For more information on any of these individual news items, call into the trading floor
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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