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Santa Rally page 3

Best UK 100 risers from 1-Nov (by no. of years)

stocks up years

Remember, these are past statistics. Statistics are great for identifying trends, but given what happened in Q3, we may see some of the most discounted stocks such as Glencore (GLEN), Anglo American (AAL) and Standard Chartered (STAN) post sizeable % gains into this year’s end, while fellow laggard Aberdeen Asset Management (ADN) could improve upon its average 9% gain.

Conversely, BG Group (BG.) may just be headed for a down period this year after oil prices collapsed. Note also the complete absence of banks from either table. With Lloyds Banking Group (LLOY) shares tumbling on PPI provisions, but with a positive outlook remaining growth and recovery-wise and a now even more attractive share price, might we see the much talked of bank rally into year-end? Note that one must always take stock of current market conditions in order to gauge the particular mood right now.

Best UK 100 risers from 1-Nov (by % gains)

Stocks risers

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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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