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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 PLC (ANTO.L), BHP Billiton (BLT.L), Glencore (GLEN.L), Rio-Tinto (RIO.L), Vedanta (VED.L) – The end of a six-week labor strike at the world’s biggest copper mine is reviving the bearish case against the metal. The union representing 2,500 striking workers will invoke a seldom-used legal provision to revert to the old contract for 18 months, ending the stoppage, after talks for a new deal failed. Closing price 1253.50p, 836.50p, 1255.00p, 321.65p, 3266.50p, 830.50p (Bloomberg)
Acacia Mining Plc (ACAA.L) – Are incurring a daily revenue loss of more than $1m due to a current export ban. The company will reassess how long they can continue to produce as normal if a ban remains in place, and what other measures may be necessary. Closing price 464.20p (Reuters)
BT Group Plc (BT.A) – The former U.K. phone monopoly and software provider Nutanix Inc. are among five information technology companies accused of bid-rigging by Hong Kong authorities, the first test of a 2015 law banning anti- competitive behavior. The Competition Commission on Thursday began proceedings in the Competition Tribunal against BT and California’s Nutanix. Closing price 331.40p (Bloomberg)
For more information on any of these individual news items, call into the trading floor
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