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
City of London will be hosting its annual Wealth Management awards next month.
We hope your experience with Accendo Markets over the past 12 months warrants a vote in the following category; “BEST EXECUTION ONLY CFD PROVIDER”
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Amlin (AML.L) – FY pretax profit £264.2m vs. £193.8m loss 2011. Final dividend 16.5p. Total dividend up 4.3% to 24p. Estimated sandy loss of £141.6m. Closing Price 431.20p (Reuters)
Intertek Group (ITRK.L) – Total dividend up 22% to 41p. Final dividend 28p per share. FY revenue rose 17% to £2.05bn 2012 revenue £2,054.3m (2011: £1,749.4m, up 17%) 2012 profit before tax £308.4m (2011: £260.1m). Closing Price 3380.00p (Reuters)
Debenhams (DEB.L) – Trading in January was affected by snow, with a consequent impact on first half profit. Expects profit for the first half of its financial year to be around £120mn($180mn). Like-for-like sales were down by about 10%. Closing Price 94.6p (Reuters)
Keller Group (KLR.L) – Reported a near-doubling in full-year profit as its North American business was boosted by an increase in U.S. spending on private homes. Closing Price 746.00p (Reuters)
Bumi (BUMI.L) – Says Philip Yeo and Sony Harsono to step down as directors due to other commitments from 15th March 2013. Closing Price 319.80p (Reuters)
HSBC (HSBA.L) – Due to announce $23bn profit at 8:30am. Closing Price 728.10p (Reuters)
For more information on any of these individual news items, call into the trading floor
| Stock | Code | Close | High | Low |
| Lloyds Banking Group | LLOY.L | -2.24% | -1.05% | -8.48% |
| WPP | WPP.L | 0.38% | 2.75% | -0.57% |
| Rightmove | RMV.L | 2.21% | 2.26% | -0.52% |
| Taylor Wimpey | TW.L | 3.14% | 4.25% | -1.60% |
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