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
Centrica (CNA.L) has agreed to buy the gas and electricity supply arm and a gas-fired power plant from Ireland’s state-owned Bord Gais Eireann for €1.1bn. Closing Price 330.50p (Bloomberg)
EasyJet (EZJ.L) – Expecting a pre-tax loss of between £55m to £65mn for the six months to March 31, an improvement on previous guidance of between £70mn to £90mn. Closing Price 1632.00p (Reuters
Kingfisher (KGF.L) – FY Profit before tax £759m up 4.1%, Revenue £11.13bn (£11.18bn expected), Final dividend 6.78p (6.9p expected) will return £200m to shareholders this year, sees a pickup in consumer spending, “looking for a strategic partner in China”. Closing Price 406.50p (Bloomberg)
Wolseley (WOS.L) – H1 Revenue £6.25bn, H1 pretax profit £316m, H1 dividend 27.5p, “still facing headwinds in continental Europe”. Closing Price 3304.00p (Bloomberg)
888 Holdings (888.L) – Pretax profit rose 30% to $53m, revenue $401m final dividend at 4cent p/sh, plans one-off dividend of 7cents p/sh, started 2014 very well with average daily revenue up more than 8% in the year to date. Closing Price 135.00p (Bloomberg)
For more information on any of these individual news items, call into the trading floor
Stock | Code | Close | High | Low |
Kentz | KENZ.L | 2.93% | 8.32% | 1.64% |
Dixons | DXNS.L | 0.22% | 6.84% | -1.74% |
Carphone Warehouse | CPW.L | -4.83% | 2.21% | -6.40% |
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