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
Premier Oil (PMO.L) – 2012 profit after tax of $252m vs. $171.2m in 2011 up 47%. FY operating cash flow of $808.2m vs. $485.9m in 2011, up 66%. Initial dividend payment of 5p p/s (2011: nil). Closing Price 388.00p (Reuters)
Next (NXT.L) -9% rise in year profit. Underlying pretax profit of £621.6m vs. guidance of £611-625m / consensus forecast of £620m. EPS rose 16.6% to 297.7p, partly reflecting a£ 241m share buyback. Closing Price 4147.00p (Reuters)
Ted Baker (TED.L) – FY profit before tax and exceptional costs up 16.5% to £31.5mn. Closing Price 1354.00p
APR Energy (APREN.L) – Reported a 10% rise in full-year profit. Closing Price 824.00p
Anglo American (AAL.L), BHP Billiton (BLT.L), Xstrata (XTA.L), Rio Tinto (RIO.L) – Chinese manufacturing figures for March came in better than expected 51.7 vs. 50.8 (this give investors the chance to gauge the health of the region’s economy). The data could be significant, because the market was generally disappointed with China’s economic figures for February. Closing Price 1773.00p, 1961.00p, 1095.00p, 3135.00p respectively
For more information on any of these individual news items, call into the trading floor
Stock | Code | Close | High | Low |
Bowleven | BLVN.L | 3.25% | 6.88% | -5.10% |
ASOS | ASOS.L | 7.22% | 8.95% | 0.10% |
ENRC | ENRC.L | -1.85% | 2.94% | -3.79% |
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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