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
J D Wetherspoon (JDW.L) – Q1 l-for-l sales increased by 3.7% and total sales up by 7.6%, Operating margin was 8.3%, approximately 0.3% lower than the same period in the last financial year. Company remains confident of a reasonable outcome for the current financial year. Closing Price 712.50p (Reuters)
Persimmon (PSN.L) – Weekly private sales rate has been c.45% ahead of the prior year since 1 July 2013. Have now sold over 3,000 homes under help to buy. Fully sold up for the current year and have £650m forward sales reserved beyond 2013. Since 1 July 2013, we have acquired c. 6,000 new plots of land. Closing Price 1215.00p (Reuters)
Mondi (MNDI.L) – 25% rise in Q3 underlying operating profit y-on-y as market conditions in its packaging paper and South African businesses improved. Underlying operating profit for the quarter to end-September totalled €172m from €135m in the same period last year. Closing Price 1116.00p (Reuters)
Moneysupermarket.Com (MONY.L) Q3 trading in line with boards expectation. Revenues and EBITDA respectively 5% and 26% ahead of the same period last year. Trading in the first weeks of Q4 has been very positive; revenues more than 25% ahead. Full year EBITDA now expected to be mid-single digit percentage ahead of current analyst consensus. The company have just appointment of Matthew Price as chief financial officer Closing Price 154.99p (Reuters)
Firstgroup (FGP.L) – Trading in line with management’s expectations, despite continued headwinds in some markets. Remain confident in achieving our medium term financial targets set out in May 2013. Profit before tax £28.3m vs. £19.7m +43.7%. Revenue £3,300.7m vs. £3,250.0m +1.6%. Closing Price 116.10p (Reuters)
Foxtons Group (FOXT.L) – Group turnover for the Q3 was £41.1m, up 17.9% than 2012. Group adjusted EBITDA was up by 23.0% over last year. Q4 adjusted EBITDA to be impacted by the operating costs of two new branches opened in October 2013. Closing Price 315.50p (Reuters)
For more information on any of these individual news items, call into the trading floor
| Stock | Code | Close | High | Low |
| Balfour Beatty | BBY.L | -2.22% | 0.07% | -2.81% |
| Associated British Foods | ABF.L | -2.08% | -1.55% | -3.55% |
| Imperial Tobacco Group | IMT.L | 3.12% | 3.81% | -1.73% |
| Marks & Spencer | MKS.L | 4.50% | 4.91% | 0.18% |
| G4S | GFS.L | -1.69% | -0.79% | -3.54% |
| Legal & General | LGEN.L | -2.20% | 0.09% | -3.53% |
| InterContinental Hotel Group | IHG.L | 0.67% | 0.95% | -0.78% |
| RSA Insurance Group | RSA.L | -6.27% | -4.03% | -8.13% |
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