This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.
Wolseley’s shares are taking an insane 11% dive on 2 tiny lines in its results
Business Insider – 29 Sept
http://uk.businessinsider.com/wolseley-shares-fall-11-on-full-year-results-2015-9
UK Index dips as Wolseley sinks and biotech tumbles
CityWire – 29 Sept
http://citywire.co.uk/new-model-adviser/news/UK Index -dips-as-wolseley-sinks-and-biotech-sell-off-weighs/a845061?ref=new-model-adviser-latest-news-list
Brokers clash over merits of owning Glencore
Proactive Investors – 29 Sept
http://www.proactiveinvestors.co.uk/companies/news/111248/brokers-clash-over-merits-of-owning-glencore-111248.html
Wolseley springs £1.3bn leak
Interactive Investor – 29 Sept
http://www.iii.co.uk/articles/268973/wolseley-springs-%C2%A313bn-leak
World markets at 2 year low after commodity rout, but Glencore rebounds – live
Guardian – 29 Sept
http://www.theguardian.com/business/live/2015/sep/29/stock-markets-hit-growth-fears-commodities-glencore-imf-live
UK 100 falls sharply but Glencore bounces back from fresh lows
Telegraph – 29 Sept
http://www.telegraph.co.uk/finance/markets/marketreport/11898104/UK Index -100-falls-sharply-but-Glencore-bounces-back-from-fresh-lows.html
Investors demonstrating “cold-bloodedness” over Wolseley, says Accendo
Digital Look – 29 Sept
http://www.digitallook.com/news/news-and-announcements/investors-demonstrating-cold-bloodedness-over-wolseley-says-accendo–878549.html
This stock is crashing faster than Volkswagen
CNN Money – 28 Sept
http://money.cnn.com/2015/09/28/investing/glencore-stock-crash/
La Bourse de Londres baisse de 1,31% en milieu de matinée, rechute des valeurs minières
AFP / Le Point – 28 Sept
http://www.lepoint.fr/bourse/la-bourse-de-londres-baisse-de-1-31-en-milieu-de-matinee-rechute-des-valeurs-minieres-28-09-2015-1968685_81.php
Glencore shares crash as mining rout reignites
CityWire – 28 Sept
http://citywire.co.uk/money/glencore-shares-crash-as-mining-rout-reignites/a844696
LONDON MARKET MIDDAY: Glencore Sets New Lows As Miners Hit By China
LSE / Alliance News – 28 Sept
http://www.lse.co.uk/AllNews.asp?code=uz5gabjy&headline=LONDON_MARKET_MIDDAY_Glencore_Sets_New_Lows_As_Miners_Hit_By_China
London midday: Mining stocks, China data drag UK Index lower
Digital Look – 28 Sept
http://www.digitallook.com/news/market-report-midday/london-midday-mining-stocks-china-data-drag-UK Index -lower–877177.html
Vodafone share tumbles as Liberty Global terminates merger talks
Int. Bus. Times – 28 Sept
http://www.ibtimes.co.uk/vodafone-share-tumbles-liberty-global-terminates-merger-talks-1521472
Vodafone leads UK Index lower as tie-up talks collapse
CityWire – 28 Sept
http://citywire.co.uk/money/vodafone-leads-UK Index -lower-as-tie-up-talks-collapse/a844696
Chinese growth fears and Catalan vote weigh on markets – business live
Guardian – 28 Sept
http://www.theguardian.com/business/live/2015/sep/28/chinese-growth-fears-catalan-vote-markets-volkswagen-live
China economic data weighs on London market
Proactive Investors – 28 Sept
http://www.proactiveinvestors.co.uk/companies/market_reports/111182/china-economic-data-weighs-on-london-market-111182.html
London open: Stocks decline after more weak Chinese data
Digital Look – 28 Sept
http://www.digitallook.com/news/market-report-opening/london-open-stocks-decline-after-more-weak-chinese-data–876929.html
Vodafone slumps as Liberty Global talks end
Digital Look – 28 Sept
http://www.digitallook.com/news/news-and-announcements/vodafone-and-liberty-global-end-talks–876811.html
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
Comments are closed.