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
Wm Morrison Supermarkets (MRW.L) – Q1 underlying sales fell again, on limited exposure to convenience stores and lack of online food. Sales at stores 1.8%, excl fuel, in the 13 weeks to May 5 vs. analysts’ average forecast of down 2%l, but was an improvement on a fourth quarter decline of 4.1%. Closing Price 296.40p (Reuters) .
Experian (EXPN.L) – FY revenue $4.7bn. Total dividend $0.3475 per share. Total EBIT from continuing operations of $1,253m up 7%. Profit before tax from continuing operations of $440m. Benchmark profit before tax of $1,195m, up 6%. Initiating a share purchase programme totalling $500m over the next 12 months. Closing Price 1172.00p (Reuters)
Barratt Developments (BDEV.L) – Improved performance underpinned by stronger market conditions. Market backdrop most positive in 5 yrs. Forward sales up 29% as at May 5 at GBP1.01b vs GBP788.6m Y/y, expects to buy ~17,000 plots in FY13 vs 12,085 in FY12. Closing Price 320.50p (Reuters)
ENRC (ENRC.L) – Iron ore division saw a 9% drop in the quantity of iron ore extracted, and a 12% drop in the production of primary concentrate. Saleable concentrate production dropped just over 24% compared to the same quarter a year ago. Closing Price 303.40p (Reuters)
For more information on any of these individual news items, call into the trading floor
Stock | Code | Close | High | Low |
Tullow Oil | TLW.L | 0.79% | 1.88% | 0.40% |
Standard Chartered | STAN.L | -4.41% | -0.24% | -6.35% |
Next | NXT.L | 4.43% | 4.90% | 0.91% |
J Sainsbury | SBRY.L | -3.91% | 0.53% | -4.95% |
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