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
Fresnillo (FRES.L) – Posted 29% drop in first half profit and said it would slash its dividend, reflecting a plunge in precious metal prices. Closing Price 1037.00p (Reuters)
Legal & General (LGEN.L) – Posted a 13% increase in pre-tax profits driven by revenue growth across its businesses and a doubling of the rate of new money flowing into its investment management business. Closing Price 197.40p (Reuters)
Greggs (GRG.L) – H1 like-for-like own shop sales down 2.9%, pre-tax profit down £4.6M to £11.4M (2012: £16.0M*). Closing Price 441.60p (Reuters)
InterContinental Hotels Group (IHG.L) – Said it would return $350mn to shareholders via a special dividend as it posted a 20% rise in first-half profit. Closing Price 1908.00p (Reuters)
Esure Group (ESUR.L) – Profit before tax up 15.2% to £56.9M (1h 2012: £49.4M). H1 gross written premiums up 6.7% to £265.4M (1h 2012: £248.8M). Closing Price 311.50p (Reuters)
For more information on any of these individual news items, call into the trading floor
Stock | Code | Close | High | Low |
HSBC | HSBA | -4.37% | 0.50% | -5.87% |
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