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
ICAP (IAP.L) – Reported a slight rise in revenues in its first quarter, after trading of bonds and futures jumped on the prospect of a slowdown in U.S. money printing. ICAP said its businesses group revenue rose 2% versus a year. earlier. The company did not give an exact figure for revenues. Closing Price 400p (Reuters)
Burberry (BRBY.L) – Maintained its full-year guidance as it posted an 18% rise in first quarter underlying retail revenue, driven by robust demand for spring/summer fashion. It made £339M of retail revenue in the three months to June 30 compared with analysts’ average forecast of £316M, and £280M in the same period last year. Comparable store sales growth was 13%, ahead of a fourth quarter increase of 8% Closing price 1440p (Reuters)
Barratt Developments (BDEV.L) – Sales rate up 17.9% in the second half on the prior year. Total completions, including joint ventures, of 13,663 for the full year. Average selling price p by c. 9% in the second half on the prior year to c. £221k. Forward sales up 53.6% to £829.7m as at 30 June 2013. Momentum is continuing to build, confident we can improve our performance still further. Closing Price 342.90p (Reuters)
Gulf Keystone Petroleum (GKP.L) – Commenced its development drilling programme with the spudding of shaikan-10. Production operations from the newly commissioned Shaikan production facility to commence shortly. Closing Price 159.50p (Reuters)
Barclays (BARC.L) Lloyds (LLOY.L) Royal Bank of Scotland (RBS.L) HSBC (HSBA.L) Standard Chartered (STAN.L) – Moody’s upgrades the UK Banking sector to “Stable” from “Negative”. Closing Prices 302.35, 66.35p, 304.40p, 725.40p, 1513.00p respectively (Moody’s)
For more information on any of these individual news items, call into the trading floor
| Stock | Code | Close | High | Low |
| Royal Bank Of Scotland | RBS.L | 5.40% | 6.58% | 0.42% |
| Marks & Spencer | MKS.L | -1.41% | 1.11% | -2.50% |
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