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
Bowleven PLC (BLVN.L) – Good progress made towards etinde staged development fid. Group cash balance at 31 December 2012 $90m. H1 loss before tax $9,415,000. Closing Price 95.25p (Reuters)
ASOS (ASOS.L) – 37% rise in second quarter sales. Retail sales had risen to £186m ($281m). Beat forecast for a 34% sales rise, ahead of a 30% jump in its first quarter. Sales had jumped by 41% in December alone after strong Christmas demand in Britain. Closing Price 3111.00p (Reuters)
ENRC (ENRC.L) – Has taken $1.5bn of charges because of weak aluminium prices and a hit to the value of its operations in Africa, dragging the business to a loss in 2012. Closing Price 312.70p (Reuters)
For more information on any of these individual news items, call into the trading floor
| Stock | Code | Close | High | Low |
| Sainsburys | SBRY.L | 1.80% | 3.07% | 0.74% |
| Barclays | BARC.L | -1.59% | 0.49% | -3.48% |
| ARM Holdings | ARM.L | -2.82% | -0.76% | -3.53% |
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