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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 - 14 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

AstraZeneca (AZN) – Announces that it has sold the remaining naming rights for several anaesthetics to Australia’s Aspen Group for an upfront consideration of $555m.

BP & Shell (BP & RDSb) – Brent Crude has traded a fresh 4-month high overnight as US gasoline inventories fell by the largest amount on record last week following hurricanes Harvey and Irma.

Morrisons (MRW) – The supermarket giant is raising its interim dividend after first half underlying pretax profit increases by 12.7% year on year, just ahead of expectations.

Next (NXT) – The UK clothing retailer announces it is increasing its full year sales and profit guidance following trading improvements in the past three months. While first half profit fell 9.5%, the company is encouraged by its performance so far this year.

(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
DUNELM GROUP  DNLM 11.1% 13.3% 0.3%
EASYJET  EZJ 0.6% 2.3% -0.3%
OLD MUTUAL  OML -0.7% 0.3% -0.8%
PADDY POWER BETFAIR  PPB -0.3% -0.1% -0.8%
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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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