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
ARM Holdings (ARM.L) – Apple Inc, one of ARM’s largest clients, reported its third consecutive quarter of earnings declines on Monday afternoon. Shares fell as much as 4% in after-hours trading. Closing Price 972.00p (Marketwatch)
Playtech (PTEC.L) – Q3 total revenue €90.6m +16% y-on-y. Average daily revenue for the first 27 days of Q4/13 is up over 12%. Confident of achieving market expectations for the FY and beyond. Closing Price 760.50p (Reuters)
BP (BP.L) – Q3 earnings for the quarter of $3.7bn compared with a consensus forecast of $3.17bn. Closing Price 452.10p (Reuters)
Standard Chartered (STAN.L) – Operating profit so far this year grew at a low single-digit rate, with the Q3 weighed down by depreciation in emerging markets currencies and market volatility. “In the Q3 we delivered a resilient performance despite an uncertain macro environment,” group CEO Peter Sands. Closing Price 1534.00p (Reuters)
Lloyds Banking Group (LLOY.L) – 2013 profit at £4.4bn up 136%. Q3 profit +7% to £1.52bn. Costs reduced by 7% to £7.1bn. Closing Price 79.62p (CNBC)
For more information on any of these individual news items, call into the trading floor
Stock | Code | Close | High | Low |
Aggreko | AGK.L | 6.00% | 6.46% | 1.19% |
InterContinentaL Hotels Group | IHG.L | -2.25% | -0.80% | -3.43% |
Tullow oil | TLW.L | -2.20% | -0.05% | -2.25% |
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