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Movers & Shakers - 13 September 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

Vodafone (VOD.L) – has secured enough shares in Kabel Deutschland for its 7.7bn euro ($10bn) offer for Germany’s largest cable company to succeed, Vodafone said after market close on Thursday. Closing Price 210p.  (Reuters)

Glenocre Xstrata (GLEN.L) – The commodity and mining group’s iron ore project in Zanaga is to proceed on a staged development basis, enhancing the financeability of the project. Closing price 343.65p. (Reuters)

Kentz (KENZ.L) – M+W Group said on Friday it does not intend to make a new offer for the engineering firm. Closing price 499p. (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
Dunelm Group DNLM.L 1.08% 5.32% -1.40%
Gulf Keystone Petroleum GKP -5.18% -1.27% -6.78%
Home Retail Group PLC HOME.L 5.37% 8.60% 2.32%
Morrison Supermarkets MRW.L 2.79% 5.08% -0.74%
Ocado OCDO.L 0.49% 2.05% -2.99%
Kier Group KIE.L -1.08% 2.22% -3.55%
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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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