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
United Utilities (UU.L) – Current trading is in line with the group’s expectations for the six months ending 30 September. Remains firmly on track to deliver its 2010-15 regulatory outperformance targets. Revenue is expected to be higher than the first half of last year. Closing Price 691.50p (Reuters)
Gulf Keystone Petroleum (GKP.L) – Commercial production started and was on track to rise to 20,000 barrels of oil per day (bopd) by the end of 2013. Oil output from its Shaikan field aims to produce as much as 150,000 bopd in the next three years. Posting a loss of $26.4m in the half-year period, Gulf Keystone said the ramp up in production would help it generate steady revenues. Closing Price 217.75p (Reuters)
ASOS (ASC.L) – Retail sales increased 47% to £207.9m for Q4 vs. Q3 rise of 45%. Retail gross margin increased 460 basis points year-on-year in the quarter. Prior to the update analysts’ were forecasting a consensus pretax profit for the 2012-13 year of about £53m, up from £44.5m in 2011-12. Closing Price 4833.00p (Reuters)
IQE (IQE.L) – Revenues up 84% to £63.0m boosted by strategic acquisitions. Adjusted PBT increases tenfold from £0.5m to £5.1m. Remain confident of achieving market earnings expectations for the full year. Closing Price 30.50p (Reuters)
For more information on any of these individual news items, call into the trading floor
| Stock | Code | Close | High | Low |
| Smiths Group PLC | SMIN.L | 2.62% | 4.72% | 0.51% |
| Barclays Plc | BARC.L | -7.29% | -5.02% | -7.91% |
| Ferrexpo | FXPO.L | -0.05% | 1.36% | -2.99% |
| Salamander Energy | SMDR.L | -4.59% | 0.08% | -6.30% |
| Redrow | RDW.L | 1.78% | 4.57% | -1.45% |
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