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
Ashmore (ASHM.L) – Pre-tax profits were a third lower in the last six months of 2013, as investors moved money away from its core emerging markets because of concerns over heightened volatility. Closing Price 340.00p (Reuters)
GKN (GKN.L) – Reports 17% rise in annual profit beating expectations. Profit £578m vs. £565m expected. “Although some of our end markets were challenging, we continued to show growth. We expect the Group’s progress to continue in 2014,” said CEO Nigel Stein. Closing Price 414.90p (Reuters)
Persimmon (PSN.L) – FY underlying pretax profit up 49% to £330m. Revenue up 21% to £2.1bn. Total forward sales are currently £1.424m for 2014 including legal completions taken so far this year an increase of 41%. Closing Price 1471.00p (Reuters)
Ladbrokes (LAD.L) – FY underlying operating profit fell 32.9% to £138.3m; Operating profit is targeted to be ahead of H2 2013. Dividend commitment in 2014 of at least 8.9p Closing Price 151.00p (Reuters)
St James’s Place (STJ.L) – New business profit up 18% at £327m, Operating profit up 26% at 462.7m, FY dividend up 50% at 15.96p. Also close to making an acquisition in Asia as part of an overseas expansion. Closing Price 794.26p (Reuters)
For more information on any of these individual news items, call into the trading floor
Stock | Code | Close | High | Low |
Bunzl | BNZL.L | 6.88% | 8.16% | 1.28% |
Bovis Homes | BVS.L | 2.39% | 3.81% | -1.28% |
Gulf Keystone Petroleum | GKP.L | 2.97% | 6.59% | 0.99% |
Royal & Sun Alliance | RSA.L | -3.66% | -0.99% | -4.89% |
HSBC | HSBA.L | -2.83% | -0.37% | -5.69% |
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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