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
Fresnillo (FRES.L) – Silver production up 4.3%, FY rev EBITDA Net profits lower than in 2012. Rev $1.615bn vs. $2,157bn, FY gross profit $767.4m vs. $1.364bn, FY pretax $418.7m vs. $1.177bn, sees 2014 silver production at 43m oz, gold production at 450,000 oz. Closing Price 970.00p (Bloomberg)
Glencore Xstrata (GLEN.L) – FY Adjusted income $3.67bn vs. $3.81bn expected, industrial adjusted EBITDA down 4% to $10.5bn, net debt up to $35.8bn. Closing Price 326.25p (Reuters)
Regus (RGU.L) – FY revenue rose 23.3% to £1.53bn. Final dividend up 13% to 2.5p/ps. Total dividend up 13% to 3.6p/ps. Well positioned to continue to grow our networks, customer base and earnings in 2014. FY operating profit up 1% to £90.8m. Closing Price: 230.10p (Reuters).
Serco (SRP.L) – FY revenue up 5.6% £4.288bn vs. £5.08bn, adjusted pretax profit £254.4m vs. £271.6m, FY basic EPS 19.51p vs. 48.94p. Its braced for a tough 2014 as it recovers from the impact of government contract failures, profit warnings and management exits. Closing Price 449.80p (Bloomberg)
For more information on any of these individual news items, call into the trading floor
| Stock | Code | Close | High | Low |
| BHP Billiton | BLT.L | -1.22% | -1.06% | -4.41% |
| Rio Tinto | RIO.L | -2.39% | -1.84% | -3.38% |
| Anglo American | AAL.L | -3.43% | -1.40% | -3.44% |
| Antofagasta | ANTO.L | -2.00% | 0.78% | -2.33% |
| Amlin | AML.L | 2.78% | 6.29% | -0.42% |
| Randgold Resources | RRS.L | 4.34% | 5.31% | 2.00% |
| Fresnillo | FRES.L | 1.94% | 3.10% | -0.05% |
| African Barrick Gold | ABG.L | 5.01% | 7.79% | -0.48% |
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