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Movers & Shakers - 28 October 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

Aggreko (AGK.L) – Trading in line with expectations. Expect underlying revenues and margins to be ahead of the prior year both in H2 and on a FY basis. Expect to spend around £230m in fleet capital expenditure in the current year. Closing Price 1517.00p (Reuters)

InterContinental Hotels Group (IHG.L) – Comparable US revpar for the nine months to 30 Sept 2013 grew 4.5%. 3Q US revpar growth was 3.5%, with rate up 2.5%. Revpar growth of 1.6% in Sept was softer than the trend from preceding months. Current trading trends give US confidence for the rest of the year. Closing Price 1865.00p (Reuters)

Tullow Oil (TLW.L) – Temporarily suspended operations as a precautionary measure in block 10bb and block 13t in northern Kenya. Decision follows demonstrations by local people regarding concerns around employment. Is working closely with the local communities, the local government and the national government. Closing Price 978.50p (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
ARM Holdings ARM.L 2.34% 3.02% -0.88%
Barclays BARC.L 0.54% 1.99% -0.49%
British Land BLND.L 0.80% 2.73% 0.40%
Elementis ELM.L 9.05% 10.03% -0.94%
Lloyds LLOY.L 0.31% 0.94% -0.27%
Royal Bank of Scotland RBS.L 3.34% 4.71% -0.11%
Victoria Oil and Gas VOG.L -6.19% 2.65% -6.19%
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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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