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This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Movers & Shakers - 19 August 2013

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

Amlin (AML.L) – H1 pretax profit £161.4m vs. £184.4m year ago. Interim dividend up 4% to 7.8p p/sh. H1 profit before tax of £161.4m. H1 gross written premium of £1,838.9m. Catastrophe losses higher than last year but limited at £32.2m. Overall trading environment to remain satisfactory for the remainder of 2013. Group combined ratio was 85%. Closing Price 391.30p (Reuters)

Bovis Homes (BVS.L) – Posted a 50% jump in first-half profit on the back of higher sales prices and said it expects current strong trading to significantly boost full year profits. Closing Price 778.50p (Reuters)

Glencore Xstrata (GLEN.L) – The miner is expected to write down the value of assets inherited from Xstrata by as much as $7bn when it reports first-half earnings on Tuesday – the first full set of results since the takeover that created the mining giant in May. Closing price 308.35p. (Reuters)

Quindell Portfolio (QPP.L) – First-half pretax profit surged ahead to £43.4m, from £12.2m. Revenue totalled £163.3m, from £45.6m. Closing Price 13.125p (Stockmarketwire)

Kentz Corporation (KENZ.L) – Notes the announcements from Amec and M&W Group concerning the possibility of an offer. Concluded that it undervalued the company and therefore unanimously rejected the approach. Has a strong and consistent track record of revenue and earnings growth. Currently not considering any other offers including the possible offer from m&w. Closing Price 475.90p (Reuters)

For more information on any of these individual news items, call into the trading floor

Prior day's Movers & Shakers:

Stock Code Close High Low
Essar Energy ESSR.L -0.22% 1.03% -0.37%
Severfield-Rowen SFR.L -0.90% 0.90% -0.90%
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