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
RBS (RBS.L), Barclays (BARC.L) , Lloyds (LLOY.L) & HSBC (HSBA.L) – Moody’s Investors Service has raised its outlook on the U.S. banking system to stable from negative. Its first positive outlook revision for the sector since 2008. Continued improvement in the operating environment and reduced downside risks to the banks from a faltering economy. Closing Price 332.30p, 325.10p, 61.32p, 743.10p respectively (Reuters)
Telford Homes (TEF.L) – Exceptional demand with contracts exchanged for sale of 803 open market properties in year, a 75% up. FY revenue increased by 14.5% to £142.4m (2012: £124.4 million). Gross profit of £3.2m (2012: £2.9m). Trading since the start of the year has remained remarkably strong. Closing Price 267.80p (Reuters)
De La Rue (DLAR.L) – 2012/13 Revenue £483.7m down 8% on previous year. 2012/13 underlying profit before tax £59.1m up 2% on previous year. Some previously announced delayed orders have been received. Now targeting annual savings of £40m, £10m higher than the original improvement plan target. Closing Price 986.00p (Reuters)
Topps Tiles (TPT.L) – Posted a 16% fall in first half profit and said trading since has deteriorated, leaving it cautious on its outlook for the remainder of the year. Closing Price 66.88p (Reuters)
For more information on any of these individual news items, call into the trading floor
| Stock | Code | Close | High | Low |
| Victrex | VCT.L | 8.42% | 10.01% | 2.58% |
| A.G.Barr | BAG.L | 0.79% | 2.69% | -0.35% |
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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