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
Lloyds Banking Group Plc (LLOY.L) and Royal Bank of Scotland Plc (RBS.L) – Last night Chancellor George Osborne signalled he is ready to start the sell-off of the taxpayer’s stake in Lloyds Banking Group, but said he is to consider whether to break up the Royal Bank of Scotland in a move that could delay the bailed-out bank’s return to the private sector. Closing Prices 61.76p and 319.50p respectively. (Bloomberg)
Gulf Keystone Petroleum (GKP.L) – Gross sales 825,485 bbls, Gross output 832,859 bbls. FY loss after tax $81.8m, cash, equivalents, liquid investments $154m. Shaikan to see up to 40kbbl/d by end of 2013. Closing Price 151.50p (Bloomberg)
Dixons Retail (DXNS.L) – 15% rise in underlying year profit, with sales growth in Britain and northern Europe offsetting falls in the austerity-hit south and at its PIXmania internet arm. Underlying pretax profit of £94.5m vs. company guidance of about £93m. Underlying sales increased 4% to £8.21bn, though gross margin fell 0.7 percentage points. Closing Price 42.33p (Reuters)
For more information on any of these individual news items, call into the trading floor
| Stock | Code | Close | High | Low |
| Berkeley Group | BKG.L | 1.89% | 5.37% | 1.13% |
| Darty | DRTY.L | 3.20% | 3.20% | -0.70% |
| Imagination Technologies | IMG.L | 6.23% | 7.04% | -7.61% |
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