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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Galliford Try PLC (GFRD.L) – Interim dividend 12p per share. H1 profit before tax £32.3m vs. £32.2m. Group revenue £678.3m vs. £746.8m. Closing Price 998.00p (Reuters)
Rexam PLC (REX.L) – Pretax profit £418m vs. £414m. Final dividend 10.2p, total dividend 15.2p. FY sales £4,312m vs. £4,232m. Closing Price 476.70p (Reuters)
Travis Perkins (TPK.L) – 2.1% rise in 2012 earnings and said there were signs growth would return to its markets later this year. Closing Price 1308.00p (Reuters)
BHP Billiton (BLT.L) – Posted a 58% fall in half-year profit. Profit before one-off items tumbled to $5.68bn for July-Decr 2012 from $10bn a year earlier and took $3bn in write downs on its aluminium and nickel businesses. Chief executive Marius Kloppers is resigning after fall in half-year profit. Closing Price 2236.00p (Reuters)
For more information on any of these individual news items, call into the trading floor
Stock | Code | Close | High | Low |
Morgan Sindall Group | MGNS.L | -7.47% | -6.86% | -9.98% |
InterContinental Hotels Group | IHG.L | -1.81% | -1.26% | -3.22% |
Brammer | BRAM.L | 2.05% | 3.52% | 1.17% |
Drax Group | DRX.L | 6.12% | 7.20% | 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