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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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Fresnillo (FRES.L) – Profit for the year decreased by 19% to $845m including the effects of the silverstream. Final dividend of 42.4cts per ordinary share Macro-economic environment expected to remain challenging in 2013, but we will continue to focus on costs. Closing Price 1490.00p (Reuters)
Antofagasta (ANTO.L) – Record revenues up 10.9% Y-o-Y to $6,740.1m. EBITDA increased to $3,829.3m, a 4.6% increase. Total dividend for the year 98.5cts per share, Including a special dividend of 77.5cts per share and ordinary dividend of 21cts per share. Closing Price 1095.00p (Reuters)
Gem Diamonds (GEMD.L) – FY revenue of $202m compared with $306m last year. FY underlying EBITDA of $66m vs.$167m last year * Long term outlook for diamond industry remains robust with growth forecast expected to continue in Asia, Closing Price 163.00p (Reuters)
Inchcape (INCH.L) – Posted a better-than-expected 10% rise in full-year profit, helped by strong growth in Asia and Britain. Closing Price 530.00p (Reuters)
For more information on any of these individual news items, call into the trading floor
| Stock | Code | Close | High | Low |
| SOCO International | SIA.L | 1.59% | 4.75% | -2.16% |
| Anite | AIE.L | -15.05% | -6.00% | -17.39% |
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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