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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 - 23 April 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

ARM Holdings (ARM.L) – Expects FY sales to be in line with expectations. Q1 sales £170.3m ahead of forecast. EPS beat forecasts too at 5.3p p/sh.Closing Price 869.00p (Bloomberg)

 Petropavlosk (POG.L) – Sees 760,000 ounces of Gold production in 2013. Average selling price $1,639/oz in Q1. Reinstates plan to repay substantial amount of debt by 2019. Closing Price 138.00p (Bloomberg)

Tullow Oil (TLW.L) – Abandon a well offshore French Guiana. The company said that the Priodontes-1 well was drilled to a total depth of 6,138m in water depths of 1,750m but failed to encounter any hydrocarbons in the main target reservoir. The well has now been plugged and abandoned, the group said. Closing Price 1046.00p (ShareCast)

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
Reckitt Benckiser Group RB.L -1.34% 1.38% -1.47%
Spirent Communications SPT.L -2.84% 2.46% -12.95%
Generl Energy GENL.L -0.56% 2.97% -0.56%
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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.

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