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
Barclays (BARC.L) and Royal Bank of Scotland (RBS.L) – U.S. regulator filed lawsuits against Morgan Stanley and eight other banks over the sale of nearly $2.4bn in mortgage-backed securities to two credit unions that later failed, according to a filing. Morgan Stanley and Morgan Stanley Capital Inc, Barclays, JPMorgan Chase & Co’s unit Bear Stearns, Credit Suisse Group, RBS and UBS sold faulty securities to Southwest and Members United corporate credit unions, the National Credit Union Administration (NCUA) said in its complaint. Closing Price 266.35p & 361p (Reuters)
Close Brothers Group (CBRO.L) – FY adjusted operating profit rises 24% to £166.5m. Banking division adjusted operating profit up 17% to £157.8m. Adjusted operating profit in securities rose to £25.7m. Final dividend 29.5p p/sh. Total dividend up 7% to 44.5p p/sh. Closing Price 1133.00p (Reuters)
Panmure Gordon (PMR.L) – H1 profit before tax from continuing operations £0.3m. H1 net commission and fee income at £13m. Active on three IPOs in the reporting period. Markets are likely to remain challenging. Closing Price 137.90p (Reuters)
For more information on any of these individual news items, call into the trading floor
Stock | Code | Close | High | Low |
Randgold Resources | RRS.L | -4.79% | -3.16% | -6.03% |
Fresnillo | FRES.L | -5.05% | -2.90% | -5.61% |
A.G.Barr | BAG.L | -2.57% | 0.33% | -2.57% |
Aberdeen Asset Management | ADN.L | 0.02% | 2.97% | -0.96% |
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