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
De La Rue (DLAR.L) – Board continues to expect that the group’s operating profit for 2013/14 will be £90m. Board expects the group to enter the 2014/15 financial year with a good order book. Closing Price 794.50p (Reuters)
Premier Farnell (PFL.L) – Group sales to grow 3.5% Y-on-Y in the H2. Continue to expect the group’s full year operating margin to be broadly in line with H1. Cost efficiencies will deliver operating margin and operating profit in line with our expectations. Closing Price 234.10p (Reuters)
Rank Group (RNK.L) – Adjusted H1 profit before tax was down 23% to £27.7m. Interim dividend up 8% to 1.35p. Sees H2 operating profit, excluding impact of acquired casinos, broadly in line with the comparable period last year. Closing Price 136.00p (Reuters)
BT (BT.L) – Returned to quarterly revenue growth for the first time in four and a half years, driven by record customer demand for superfast broadband and its growing new sports TV service. Revenue for Q3 was up 2% to £4.6bn, ahead of expectations at £4.5bn. The group also posted Q3 pretax profit £50m ahead of expectations up 8% at £722m. Closing Price 370.90p (Reuters)
Vedanta Resources (VED.L) – Zinc India Q3 mined metal production was 5% lower than corresponding prior quarter (adds dropped words zinc India) Q3 production release record oil & gas production of 224kboepd up 10%. Q3 increased production of integrated refined zinc, lead and silver at Zinc India. EBITDA at $1.14bn up 3%. Integrated refined zinc production was 17% higher in Q3. Q3 total group revenue $3,450.4m. Closing Price 837.50p (Reuters)
For more information on any of these individual news items, call into the trading floor
| Stock | Code | Close | High | Low |
| United Utilities | UU.L | 0.63% | 1.88% | -0.59% |
| Kazakhmys | KAZ.L | -4.19% | 5.53% | -5.03% |
| BskyB | BSY.L | 3.97% | 6.04% | 1.01% |
| Royal Dutch Shell | RDSA.L | 1.07% | 3.28% | -0.02% |
| BHP Billiton | BLT.L | 1.18% | 1.27% | 0.25% |
| Rio Tinto | RIO.L | -0.22% | 0.52% | -1.42% |
| Anglo American | AAL.L | 1.06% | 1.58% | -1.97% |
| Antofagasta | ANTO.L | 0.11% | 1.15% | -1.26% |
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