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
Smiths Group PLC (SMIN.L) – Final dividend 27p per share. Total dividend 39.5p per share. FY revenue rose 2% to £3.11bn. FY operating profit £560mn. Cautious about sectors such as defence and healthcare which are subject to government funding constraints. Closing Price 1376.00p (Reuters)
Barclays Plc (BARC.L) – Rights issue shares start trading today resulting in a dilution in value of the ordinary shares. Closing Price 299.00p. (Reuters).
Ferrexpo (FXPO.L) – Acquisition of stake in ferrous resources. Acquired a 14.4% strategic stake in Ferrous Resources. Total consideration, which was acquired between January and September 2013, was approximately $80m. Closing Price 128.60p (Reuters)
Salamander Energy (SMDR.L) – Spud of an exploration well in block g4/50, Gulf of Thailand targeting the ayutthaya prospect. Well will be drilled to 2,350 metres total vertical depth sub-sea using the atwood mako jack up rig. Closing Price 183.70p (Reuters)
Redrow (RDW.L) – FY pretax profit rose 63% to £70m. FY revenue rose 26% to £604.8m. Final dividend 1p p/sh. Gross margins rose to 18.8% from 17.3% at June 2012. Value of private reservations up 42% from £472m to £668m. Significant increase in output is anticipated during the current year. Closing Price 230.80p (Reuters)
For more information on any of these individual news items, call into the trading floor
Stock | Code | Close | High | Low |
Imagination Technologies | IMG.L | -2.73% | 1.74% | -6.37% |
Galliford Try | GFRD.L | -1.50% | 1.97% | –2.73% |
Lloyds Banking Group | LLOY.L | -3.50% | -1.11% | -3.68% |
Debenhams | DEB.L | 1.74% | 4.46% | -0.19% |
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