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
Royal & Sun Alliance (RSA.L) – Unveils $1.3bn rights issue and cuts final dividend. Closing Price 102.20p (Reuters)
Royal Bank of Scotland (RBS.L) – Announces FY loss of £8.2bn vs analysts’ estimates of £6.7bn. Closing Price 354.00p (Reuters)
British American Tobacco (BATS.L) – Operating Profit up 6% at £5.82bn vs £5.78bn expected, FY EPS 216.6p vs. 217.2p, final dividend 97.4p vs. est 97p, “difficult trading conditions persist” Closing Price 3174.00p (Bloomberg)
WPP (WPP.L) – FY Revenue £11bn vs £11.1bn expected, profit £937m, EPS 69.6p, annual sales rise 6.2% fuelled by growth in north America. Closing Price 1331.00p (Bloomberg)
Barratt Developments (BDEV.L) – H1 pretax profit 162.3% to £120.4m, interim dividend 3.2p p/sh, revenue £1,265m up 33%, expects to deliver FY profit towards tope end of expectations. Closing Price 411.80p (Bloomberg)
For more information on any of these individual news items, call into the trading floor
| Stock | Code | Close | High | Low |
| Travis Perkins | TPK.L | -1.88% | 0.50% | -2.90% |
| ITV | ITV.L | -2.23% | 1.41% | -5.14% |
| Taylor Wimpey | TW.L | -5.24% | -1.09% | -6.41% |
| Petrofac | PFC.L | -1.24% | 1.32% | -2.64% |
| Weir Group | WEIR.L | 7.10% | 8.25% | 0.47% |
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