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
Bellway (BWY.L) – Government Help to Buy scheme has been used to reserve 830 homes since its launch, and legally completed the sale of 5652 homes which was an increase of 8.2%. Average selling price of homes increases 3%. Operating margin and housing revenue increase. Closing price 1477p. (Reuters)
Rio Tinto Ltd (RIO.L) – First half underlying earnings of $4.2bn. Increases H1 dividend by 15% to $0.835 per share . Net earnings of $1.7 bn, Net earnings of $1.7 billion include non-cash exchange losses of $1.9 billion and a $0.3 billion write-off of waste stripping costs and damaged equipment. Closing Price 2953.50p (Reuters)
Standard Life PLC (SL.L) – Posted a 6% rise in H1 operating profits, boosted by stronger financial markets and rising demand for its savings and investment products. Closing Price 387.40p (Reuters)
Aviva (AV.L) – Posted a 5% rise in operating profits as rising sales in key markets offset weakness in southern European operations. Closing Price 370.80p (Reuters)
Ladbrokes (LAD.L) – Hit by weaker returns from UK betting shops with operating profit sliding almost 20% in H1. Has been slow in building share of ever growing online market. Closing price 207.7p. (Reuters)
Savills (SVS.L) – Group revenue up 13% to £399M (H1 2012: £353.3M). Underlying group profit before tax up 40% to £26M (H1 2012: £18.6M). Currently see no change in the overall outlook for our business. Closing Price 630p (Reuters)
Schroders (SDR.L) – First-half pretax profit surged 29% to £228M from £177.4 M a year earlier. Net inflows came in at £4.5BN, and combined with rising markets this lifted assets under management to £235.7BN, a 21% rise from the £194.6BN reported a year earlier. Increasing its interim dividend by 23% to 16p per share. Closing Price 2501p (Reuters)
For more information on any of these individual news items, call into the trading floor
| Stock | Code | Close | High | Low |
| TUI Travel | TT.L | -5.16% | -0.82% | -6.43% |
| ENRC | ENRC.L | -0.81% | 0.18% | -2.22% |
| Randgold Resources | RRS.L | -1.40% | -0.81% | -6.64% |
| Old Mutual | OML.L | 2.91% | 5.87% | -0.94% |
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