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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Taylor Wimpey (TW.L) – Profit margin increased to 11.5%. 44% increase in group operating profit to £230.1m. 124% increase in adjusted basic EPS to 4.7p. Total order book value increased by 14% to £948m. Final dividend of 0.43p. Closing Price 81.10p. (Reuters)
Lloyds (LLOY.L) – Set aside £1.5bn for mis-sold PPI, taking its bill to £6.8bn and £400m for interest rate swaps. Those provisions dragged the bank to a pretax loss of £570m vs. a loss of £3.5bn in 2011. Closing Price 54.47p (Reuters)
Rightmove (RMV.L) – FY underlying operating profit from continuing operations £87.53mn vs £69.36mn year ago. Final dividend 14p total dividend 23p. Revenue increased by 23% to £119.4m (2011 – £97m). Closing Price 1723.00p
WPP (WPP.L) – Recovered from 3Q weakness to post annual growth of 2.9% in organic revenue, ahead of expectations. Closing Price 1054.00p (Reuters)
For more information on any of these individual news items, call into the trading floor
Stock | Code | Close | High | Low |
Man Group | EMG.L | 0.70% | 7.88% | -3.69% |
Kazakhyms | KAZ.L | 9.37% | 6.95% | -1.29% |
Royal Bank Of Scotland | RBS.L | -6.65% | -0.29% | -7.51% |
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