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This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Movers & Shakers - 12 September 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

Amec Foster Wheeler & Wood Group (AMFW & WG.) – The UK’s Competition and Markets Authority has approved Wood Group’s purchase of the Oilfield services companies for £2.2bn, in a deal that will create the UK’s largest company in the sector.

Ashtead (AHT) – The North American focused machine rental company has reported a 19% increase in pretax profits and 17% increase in revenues, while expecting further tailwinds as a result of Hurricanes Harvey and Irma over the coming months.

JD Sports Fashion (JD.) – Announces H1 profit increased by 33% YoY, while revenues climbed 41%, resulting in the company steering investors towards the upper end of full year guidance.

 

(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
ASSOCIATED BRITISH FOODS  ABF -5.7% -0.3% -6.0%
ASTRAZENECA  AZN 2.4% 3.6% 1.9%
CARILLION  CLLN -4.4% -3.6% -10.1%
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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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