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.
We hope your experience with Accendo Markets over the past 12 months warrants a vote in the following category; “BEST EXECUTION ONLY CFD PROVIDER”
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Ferrexpo (FXPO.L) – Profit after tax down $216m (2011: $575m). 2012 EBITDA down 50% to $402m. C1 cash cost1 of $59.6 per tonne (2011: $50.7per tonne). Final ordinary dividend of 3.3cts p/s. Special dividend of 6.6cts p/s. Closing Price 220.00p (Reuters
Thomas Cook (TCG.L) Said it would improve profits by £350m by 2015 by taking more costs out of the business, slashing store numbers and focussing on web sales. Also planning a £400m share issue. Closing Price 87.00p (Reuters)
G4S (GFS.L) – Posted a 6% rise in annual profit, as emerging markets growth helped soften the blow of an Olympics staffing blunder that rocked the British firm in 2012. Closing Price 307.50p (Reuters)
888 (888.L) – Earnings rose 20% in 2012, in line with forecasts, with strong trading continuing into 2013. Closing Price 161.00p (Reuters)
For more information on any of these individual news items, call into the trading floor
| Stock | Code | Close | High | Low |
| Fresnillo | FRES.L | -0.60% | 0.40% | -5.10% |
| Antofagasta | ANTO.L | 3.11% | 5.66% | 2.83% |
| Gem Diamonds | GEMD.L | -3.07% | 0.61% | -14.11% |
| Inchcape | INCH.L | -2.26% | -0.19% | -4.06% |
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