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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 - 10 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

Gulf Keystone Petroleum (GKP.L) – Confirm that, further to a communication received from the Ministry of Natural Resources of the Kurdistan Regional Government, commercial production from its Shaikan field in the Kurdistan Region of Iraq has recommenced. Closing Price 171.75p (Investegate)

WH Smith (SMWH.L) –  FY pre-tax profit rose 6% to £108mn. Final dividend up 15% to 21.3p per share. Total dividend up 14% to 30.7 pence per share. Additional £50m share buyback programme announced today. Closing Price 835.00p (Reuters)

SSE (SSE.L) – To raise energy prices by 8.2%. Closing Price 1454.00p (Reuters)

Melrose (MRO.L) – Agrees to sell Crosby and Acco to KKR for $1bn. Closing Price 290.10p (Reuters)

Ashmore Group (ASHM.L) – Attracted $600m of net inflows from clients between July and September. Closing Price 392.20p (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
Centamin FXPO.L 1.24% 5.00% 0.13%
Vedanta VED.L -4.67% -1.03% -6.45%
Greggs GRG.L 2.38% 3.39% -0.54%
N Brown Group BWNG.L -6.01% 1.84% -6.50%
Fresnillo FRES.L -1.11% 1.27% -1.91%
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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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