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
Rio Tinto (RIO.L) and BHP Billiton (BLT.L) – Chinese flash PMI data hits a 7-month high suggesting the world’s second largest economy is stabilising. Closing Prices 3220.00p and 1922.50p respectively. (Reuters)
Kazakhmys (KAZ.L) – On track to hit the “upper end” of its output guidance for 2013, despite a steeper-than-expected dip in production. Closing Price 241.40p (Reuters)
Fresnillo (FRES.L) – Announced it would pay an extraordinary dividend equivalent to 22.39 cents per share. Closing Price 994p (Reuters)
Go-Ahead Group (GOG.L) – FY expectations remain unchanged. Robust performance in all divisions. On course to deliver our £100M target by 2015/16. Closing Price 1695p (Reuters)
Debenhams (DEB.L) – Pretax profit of £154m as expected but down from the £158.3m made in the last year. Full-year sales, rose 2.5% to £2.78bn, with sales at stores open over a year up 2.0% and gross margin flat and said it was wary about the outlook for consumer spending. Closing Price 110.70p (Reuters)
WPP (WPP.L) – Q3 organic revenue well ahead of expectations. L-for-L growth was up 5% vs. 3.8% expected, a clear acceleration from the 2.4% growth it reported in the first half. Closing Price 1313.00p (Reuters)
For more information on any of these individual news items, call into the trading floor
| Stock | Code | Close | High | Low |
| HSBC | HSBA | -1.37% | -1.13% | -1.82% |
| Standard Chartered | STAN | -1.45% | 0.53% | -1.91% |
| ASOS | ASC | -2.57% | 1.28% | -7.74% |
| Home Retail Group | HOME | 4.23% | 5.48% | 2.66% |
| Sports Direct | SPD | 0.78% | 2.26% | 0.28% |
| De La Rue | DLAR | -9.73% | -5.86% | -10.96% |
| British American Tobacco | BATS | 0.03% | 0.44% | -1.03% |
| Premier Oil | PREM | -3.38% | -1.18% | -5.06% |
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.
Accendo Markets considers opinions and information contained within the research to be valid when published, and gives no warranty as to the investments referred to in this material. The income from the investments referred to may go down as well as up, and investors may realise losses on investments. The past performance of a particular investment is not necessarily a guide to its future performance. Prepared by Michael van Dulken, Head of Research