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
Tesco (TSCO.L) – Takes a £1bn write off for US fresh and Easy business. Pretax profit of £1.96bn, down 51.5%. 14.5% fall in underlying full-year profit, Q4 sales grew 0.5%. Underlying pretax profit of £3.55bn. Analysts’ consensus forecast of £3.50bn and down from £3.92bn in 2011/12. Closing Price 384.85p (Reuters)
Burberry (BRBY.L) – 9% rise in revenue for H2, boosted by strong retail sales across Asia Pacific. made £1.116bn of revenue ahead of analysts’ average forecast Q4 group sales rose 10%to £503m, having grown 9% to £613m in its Q3 after strong Christmas trading. Closing Price 1266.00p (Reuters)
Petra Diamonds (PDL.L) – Recovery of high quality 25.5 carat blue diamond. Closing Price 107.70p (Reuters)
JD Sports Fashion (JD.L) – FY profit before tax and £60,465mn vs. £75,957mn -20.4%. Closing Price 742.00p (Reuters)
For more information on any of these individual news items, call into the trading floor
| Stock | Code | Close | High | Low |
| EasyJet | EZJ.L | 0.97% | 1.32% | -2.51% |
| Next | NXT.L | -0.55% | 0.27% | -0.78% |
| Rio Tinto | RIO.L | -0.40% | 2.35% | -0.54% |
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