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
Experian (EXPN.L) – Said it was on track to achieve its growth targets for the current year, with its sales outpacing economic growth in the main countries in which it operates. Organic revenue grew by 7% in the period, including 10% growth in Latin America, driven by strong performances in Brazil, Colombia and Peru. Closing Price 1199.00p (Reuters)
Invensys (ISYS.L) – in takeover talks with Schneider Electric (SCHN.PA) after a preliminary offer worth about £3.3bn. The bid values Invensys at 505p a share, a 15% premium to the stock’s Thursday close. Of the 505p, Schneider will pay 319p in cash and 186p in new Schneider shares. Schneider has until Aug. 8th to either announce an intention to make a firm bid. Closing Price 440.10p (Reuters)
Lloyds (LLOY.L) – Invesco Perpetual is in talks to take a stake of up to 10 percent in Lloyds, as Chancellor George Osborne looks to jump-start the bank’s return to private hands. Closing Price 66.25p (Daily Mai)
For more information on any of these individual news items, call into the trading floor
Stock | Code | Close | High | Low |
Premier Oil | PMO.L | 4.70% | 5.08% | 0.00% |
Associated British Foods | ABF.L | 5.07% | 8.21% | 2.64% |
Rio Tinto | RIO.L | 4.58% | 6.40% | 3.60% |
Anglo American | AAL.L | 5.44% | 6.19% | 3.43% |
BHP Billiton | BLT.L | 4.56% | 5.08% | 3.40% |
Randgold Resources | RRS.L | 7.24% | 7.36% | 2.68% |
SuperGroup | SGP.L | 6.06% | 7.73% | 1.36% |
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