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
Balfour Beatty (BBY.L) – H1 underlying pretax profit from continuing operations £45m vs. £150m year ago. interim dividend 5.6p p/sh. Order book 2 up 3% at £13.9bn with a strong US performance. Group performance in continuing businesses in line with current market expectations for 2013. Closing Price 250.10p (Reuters)
Eurasian Natural Resources Corp (ENRC.L) – H1 underlying core profit dropped 17%, in what could be its final set of earnings as a listed company. Underlying EBITDA totalled $944m H1 vs. $970m forecast. ENRC is in the final throes of a $4.6bn buyout by its founders and the Kazakh government. Closing Price 236.50p (Reuters)
Glencore (GLEN.L) – Says H1 copper output jumps 20%. Closing Price 307.45p (Reuters)
For more information on any of these individual news items, call into the trading floor
Stock | Code | Close | High | Low |
Taylor Wimpey | TW.L | -1.96% | 0.89% | -2.32% |
Bovis | BVS.L | -0.31% | 0.75% | -0.88% |
Redrow | RDW.L | 0.45% | 0.86% | -0.53% |
Barratt Development | BDEV.L | -1.64% | 0.24% | -1.79% |
Persimmon | PSN.L | -0.24% | 1.06% | -0.49% |
Micheal Page International | MPI.L | -4.01% | 0.43% | -5.57% |
Tesco | TSCO.L | -0.39% | 0.55% | -1.10% |
Ryanair Holdings | RYA.L | 1.60% | 3.64% | 0.73% |
Resolution | RSL.L | 1.79% | 5.78% | -0.53% |
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