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
BP (BP.L) – Profits outperformed expectations by almost $1bn in the first quarter of 2013 thanks in part to the high margin nature of new production that came on stream at the end of 2012 and a strong performance from its trading division. Closing Price 456.75p (Reuters)
Whitbread (WTB.L) – Unveiled new expansion targets for its Premier Inn hotel and Costa Coffee chains on Tuesday, as strong sales at both helped push annual profit up 11.4%. Closing Price 2611.00p (Reuters)
Imperial Tobacco (IMT.L) – FY earnings p/sh 4-8% target range. Adjusted earnings fell 3.1% to 90.2p a share vs. analysts 90.3p. Revenue rose 5%, while volumes increased 1%. It’s fine cut tobacco net revenue rose 10% while volumes grew by 9%. Increased its half year dividend by 11%t to 35.2p p/sh. Closing Price 2299.00p (Reuters)
Lloyds Banking Group (LLOY.L) – Costs in the first quarter fell 6%, expects to cut costs to about £9.15bn in 2014, a reduction of £2bn from 2010. Reported an underlying profit of £1.48bn, for Q1, up from £497m a year ago. Closing Price 53.50p (Reuters)
ASOS (ASC.L) – 11% rise in H1 profit and remained positive on its outlook for the year. Underlying pre-tax profit of £25.7m in line with analysts’ consensus and up from £23.1m 2011-12 year. Revenue increased 33% to £359.7m. However, retail gross margin was 60 basis points lower. Closing Price 3076.00p (Reuters)
For more information on any of these individual news items, call into the trading floor
| Code | Close | High | Low | Range |
| Greggs | GRG.L | -8.60% | -4.93% | -8.86% |
| Green King | GNK.L | 1.12% | 1.12% | -0.14% |
| Balfour Beatty | BBY.L | -9.54% | -6.86% | -14.65% |
| Aberdeen Asset Management | AND.L | 8.11% | 10.08% | 3.22% |
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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