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
BP (BP.) – Has started natural gas production at Oman Khazzan field ahead of schedule and under budget.
Imagination Tech (IMG) – The former Apple supplier has agreed to a takeover by Canyon Bridge, a Chinese-backed private equity firm, for £550m. The offer values the shares at 182p, a 42% premium to Friday’s close.
Tullow Oil (TLW) – Tullow will resume drilling at its offshore Ghanaian fields after a border dispute with the Ivory Coast was resolved.
Unilever (ULVR) – The company has announced it is to acquire the cosmetic skincare business Carver Korea for €2.27bn, subject to regulatory approval.
(Sources: Company Newswires, Bloomberg, FT, Reuters)
For more information on any of these individual news items, call into the trading floor
Stock | Code | Close | High | Low |
ASTRAZENECA | AZN | 3.0% | 3.9% | 0.1% |
EASYJET | EZJ | -0.6% | 1.4% | -1.1% |
SAGA | SAGA | 0.1% | 2.0% | -0.9% |
SMITHS GROUP | SMIN | -6.0% | -2.2% | -6.8% |
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