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.
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Drax Group PLC (DRX.L) – Final dividend 10.9p per share. FY EBITDA £298m vs. £334m in 2012 2012 total capital investment: £224m. 2013 capital investment guidance: c.£250m to £300m. Closing Price 604.50p (Reuters)
Morgan Sindall Group Plc (MGNS.L) – 15% fall in its full-year profit as government spending cuts hurt its construction and infrastructure business. Profit before tax fell to £34.2m. Revenue declined 8% to £2.05bn. Cut its final dividend to 15p per share. Closing Price 576.00p (Reuters)
InterContinental Hotels Group PLC (IHG.L) – Total dividend per share 64.0¢, up 16 %. January global rev par up 6.6%. Positioned for further good performance in 2013. Closing Price 1989.00p (Reuters)
Brammer PLC (BRAM.L) – Revenue up 11.9% to £639.6m (2011: £571.5m). Operating profit (pre amortisation and exceptional items) Dividend up 11.9% to 9.4p (2011: 8.4p). Our confidence in the outlook for the business is reflected by the dividend increase. Closing Price 341.00p (Reuters)
For more information on any of these individual news items, call into the trading floor
| Stock | Code | Close | High | Low |
| Gulf Keystone Petroleum | GKP.L | 1.50% | 5.25% | -0.75% |
| Lamprell | LAM.L | 0.51% | 1.18% | -1.69% |
| BAE Systems | BA.L | -0.46% | 0.00% | -1.12% |
| Vodafone Group | VOD.L | -0.60% | 0.18% | -0.74% |
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