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
Barclays (BARC.L) – Barclays reported a 2012 pre-tax profit of £246mn in line with the average analyst forecast. They are set to axe at least 3,700 jobs and prune parts of its investment bank. Also plan to cut £1.7bn in annual costs and improve standards. The job cuts will include 1,800 in corporate and investment banking and 1,900 in its European retail and business banking. Closing Price 301.50p (Reuters)
Dragon Oil PLC (DGO.I) – Operating profit down 8% to $790.9mn. Final dividend of $0.15c per share for 2012. FY dividend $0.30c (2011: $0.20c) Closing Price 582.50p (Reuters)
Bumi PLC (BUMIP.L) – Q4 coal mined was 5.9mn tonnes and coal sales were 6.5mn tonnes, up 15% and 30% respectively. Full year production target for coal mined of 21mn tonnes was achieved. Closing Price 385.10p (Reuters)
Xstrata (XTA.L) – Copper production falls 16% compared to 2011. Coal production up 7% on 2011. Thermal coal production up 16% in South Africa and 7% in Australia. Nickel production at record levels. Meets expectations. Closing price 1160.5p. (Reuters)
For more information on any of these individual news items, call into the trading floor
Stock | Code | Close | High | Low |
Blinkx | BLNX.L | 25.74% | 29.04% | 11.40% |
Essar Energy | ESSR.L | 2.34% | 4.54% | -0.64% |
Telecom Plus | TEP.L | -0.05% | 0.76% | -0.61% |
Rolls Royce Holdings | RR.L | -0.87% | 0.72% | -1.08% |
Monitise | MONI.L | 1.47% | 2.21% | 0.00% |
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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