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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 - 24 February 2014

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

Bunzl (BNZL.L) – FY revenue up 12% to £6.1bn, Pretax profit £372.2m vs. £237m expected, Total dividend up 15% to 32.4p p/sh. Closing Price 1483.00p (Reuters)

Bovis Homes (BVS.L) – FY pretax profit up 48% to £78.8m, revenue up 31% to £556m, final dividend 9.5p, operating margin increased to 14.9%, states housing market is recovering with higher activity levels and improving house prices. Closing Price 900.00p (Reuters)

Gulf Keystone Petroleum (GKP.L) – Expects to move to UK Index main list on March 24. Closing Price 151.75p (Reuters)

Royal & Sun Alliance (RSA.L) – Says it is considering raising capital through a rights issue. Closing Price 101.20p (Reuters)

HSBC (HSBA.L) – Profits are expected to rise by almost a fifth to $24bn for 2013 as it benefits from a cost-cutting drive that spans managing its documents more efficiently to telling staff to use business class air travel less. They report final results today at 9am. Closing price 654.20p. (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
RBS RBS.L 1.24% 2.47% 0.96%
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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.

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