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
Aviva (AV.L) – Operating profit £2.05bn vs. £1.99bn expected, £60m loss on UK floods, new business up 13% to £835m, turnaround intensifying, still has issues to address, Final dividend of 9.4p p/sh. Closing Price 466.10p (Bloomberg)
Aggreko (AGK.L) – Revenue £1.57bn vs. £1.58bn, operating profit £357m vs. £386m, EPS 93.31p vs. 92.20p expected, “trading for the full year similar to 2013 levels”, “2014 encouraging so far” Closing Price 1573.00p (Bloomberg)
Balfour Beatty (BBY.L) – Pretax profit £32m vs. £147m, FY dividend 14.1p p/sh, operating profit £48m vs. £154m, revenues drop in line with order book, margins expected to be lower in 2014, improving conditions in US and UK markets. Closing Price 321.40p (Bloomberg)
easyJet (EZJ.L) – Passenger numbers up 2.9% to 4,232,325 for February. Closing Price 1739.00p (Reuters)
St. James Place (STJ.L), Barratt Developments (BDEV.L), Amec (AMEC.L), Tate & Lyle (TATE.L) – Wealth manager St. James’s Place and house builder Barratt Developments will be promoted to the UK 100 from the index later this month, the UK Index Group said late on Wednesday. Amec and Tate and Lyle will fall out of the index. Closing prices 862p, 443.6p, 1121p, 638.5p. (Reuters)
Schroders (SDR.L) – Adjusted pretax profit £508m vs. £471m expected, net inflows £7.9bn vs. £9.4bn Y-o-Y, FY dividend 58p p/sh “2014 is likely to be more challenging for investors” Closing Price 2590.00p (Bloomberg)
For more information on any of these individual news items, call into the trading floor
| Stock | Code | Close | High | Low |
| Standard Chartered | STAN.L | -2.08% | 4.35% | -2.51% |
| Admiral Group | ADM.L | 7.54% | 9.23% | 0.63% |
| Legal and General | LGEN.L | -1.87% | -0.75% | -2.62% |
| Micheal Page International | MPI.L | -1.07% | 1.49% | -3.77% |
| Melrose Industuries | MRO.L | -7.78% | -2.47% | -9.42% |
| Carillion | CLLN.L | -0.40% | 4.50% | -1.24% |
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