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
Punch Taverns (PUB.L) – Warn its lenders on Wednesday that failure to pass a controversial debt restructuring deal could lead to at least five years of “mess” and “uncertainty”. Closing Price 14.37p (Reuters)
GW Pharmaceuticals PLC (GWP.L) – Q1 revenue rises 44% revenue £7.5m versus £5.2m year ago. Net loss after tax £2.8m vs profit after tax of £2.1m. Expect a significant amount of milestones in 2014. Closing Price 296.50p (Reuters)
Hargreaves Lansdowne (HL.L) – Revenue up 13%. Interim div up 11% to 7 p. Pre-tax profits up 11%. The amount of assets £43.4bn with net business inflows of £2.8bn. Closing Price 1497.00p (Reuters)
ICAP (IAP.L) – 3Q revenue was 6% lower than the previous year due to challenging market conditions. Expectations for f-y profit remain unchanged but warned that further bank deleveraging and fresh regulations on swaps trading could affect performance in Q4. Closing Price 389.30p (Reuters)
Homeserve (HSV.L) – Stabilising its UK business. Continuing to invest in and grow international businesses with new partnerships. Expects adjusted pretax profit for the year to be in line with market expectations. UK customer numbers at 31 December 2013 were 2.1m. Closing Price 307.00p (Reuters)
RSA (RSA.L) – British insurer RSA has appointed former Royal Bank of Scotland (RBS.L) boss Stephen Hester as its new chief executive with immediate effect, replacing Simon Lee who quit in December. Closing Price 99.00p (Reuters)
For more information on any of these individual news items, call into the trading floor
Stock | Code | Close | High | Low |
TalkTalk | TALK.L | 0.55% | 4.74% | -2.09% |
Ocado | OCDO.L | -2.58% | 1.34% | -6.38% |
Trinty Mirror | TNI.L | 5.54% | 7.12% | -1.42% |
BG Group | BG.L | 2.54% | 4.20% | -1.46% |
BP | BP.L | 0.04% | 0.58% | -2.07% |
ARM Holding | ARM.L | -5.91% | -2.15% | -10.22% |
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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