This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.
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
Persimmon (PSN.L) – Completed 5,022 new homes (2012: 4,712) in the first six months, an increase of 7% on the first half of 2012. Average selling price of c. £179,200 (2012: £171,206) for the first six months was 5% ahead of last year. Expect underlying operating margin to have increased to c. 15% in the first half of this year. Closing Price 1240p (Reuters)
Ocado (OCDO.L) – EBITDA was £19.2M in the 24 weeks to May 19 compared to consensus forecast of £18.1M and was up from £14.9M in the same period last year. However, the firm made a statutory pre-tax loss of £3.8M, below analysts’ consensus forecast of a loss of £2.3M and versus a profit of £0.2M in the same period last year. Closing price 312p (Reuters)
Fastjet (FJET.L) – June 2013 sales were £2.2 million, which represents a revenue increase of over 22% against the previous month. Closing Price 1.00p (Reuters)
Whitbread PLC (WTB.L) – Launches new hotel concept to target major UK city centres such as London and Edinburgh. First ‘hub by premier inn’ to open on St. Martin’s Lane in London in summer 2014. Targeting to have around 40 ‘hub by premier inn’ hotels (6,000 rooms) opened or in the pipeline by 2018. Closing Price 3160p (Reuters)
Anite (AIE.L) – Full-year profit rose 23%, helped by a strong demand for its handset-testing business. Closing Price 139.00p (Reuters)
For more information on any of these individual news items, call into the trading floor
| Stock | Code | Close | High | Low |
| Antofagasta | ANTO.L | 4.65% | 5.28% | 0.05% |
| Vedanta | VED.L | 4.61% | 4.90% | -0.29% |
| Rio Tinto | RIO.L | 1.92% | 2.46% | -0.65% |
| Hunting | HTG.L | 9.02% | 9.43% | 1.09% |
| Petrofac | PFC.L | 1.09% | 2.25% | -0.10% |
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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