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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 - 22 May 2013

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

SSE (SSE.L) – FY after-tax profit rose 5.8% to 1.19bn euros and increased its full-year dividend by 5.1% to 84.2p. Estimates compiled by Thomson Reuters IBES had forecast a mean net income of £1.04bn. average UK household gas consumption was up 21% and electricity consumption up 5%. Closing Price 1676.00p (Reuters)

Britvic (BVIC.L) adjusted earnings per share up 47.6% to 12.4p and dividend increase of 1.9% to 5.4p. Underlying EBITA up 17.9% when adjusted for one off and phasing items. Reduction of group adjusted net debt by £30.7m. Sees full year EBIT towards upper end of previously communicated range £125m – £131m. Closing Price 472.20p (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
Burberry BRBY.L 5.33% 6.49% -0.62%
Vodafone VOD.L 1.16% 1.19% -0.81%
Marks & Spencer MKS.L 6.22% 7.13% -0.52%
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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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