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Accendo Press Quotes – Week Ending 11 May 2018

Friday, 11 May

Interactive Investor

  • The higher open in London comes “after Wall St rallied back to positive territory for 2018 and Asian bourses climbed further (best week since Feb), sentiment buoyed by confirmation of a 12 June US-NK summit,” said Michael van Dulken, head of research at Accendo Markets.
  • http://www.iii.co.uk/alliance-news/1526024437500770600-3/london-market-open-zpg-shoots-up-30-on-gbp2-2-billion-takeover-deal

Thursday, 10 May

Herald Scotland

  • Mike van Dulken, head of research at Accendo Markets, said that Greggs’ message “only adds to a grim flow of news from the UK high street”.
  • http://www.heraldscotland.com/business_hq/16216149.Greggs_flags_impact_of_low_retail_footfall/

Wednesday, 9 May

Reuters

  • “Whilst other signatories remain onboard, Trump’s decision potentially turns the geopolitical instability dial up a notch, especially in the Middle East,” said Accendo Markets analysts in a note.
  • https://uk.reuters.com/article/uk-europe-stocks/oil-stocks-buoy-european-shares-as-u-s-pulls-out-of-iran-deal-idUKKBN1IA0VO

Tuesday, 8 May

This is Money

  • Artjom Hatsaturjants, research analyst at Accendo Markets, said: ‘Unsurprising news from UK challenger banks this morning, as CYBG has made a £1.6B all-share takeover offer for Virgin Money (a 15% premium to VM’s market value).
  • http://www.thisismoney.co.uk/money/markets/article-5703261/Owner-Clydesdale-Yorkshire-banks-makes-1-6bn-takeover-offer-Virgin-Money.html
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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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