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
Kazakhmys (KAZ.L) – Posted a more than 35% drop in H1 core profit. EBITDA came in at $438m from $679m. Including the miner’s share of rival ENRC, EBITDA fell to $714m. It would book an impairment of $823m related to the sale of its share in ENRC. Closing Price 301.5p (Reuters)
Carillion (CLLN.L) – Interim dividend 5.5p p/sh. H1 revenue £1.96bn vs. £2.16bn year ago. H1 profit before tax £64.2m vs. £56.7m in H1 2012. Financial performance in line with expectations. Total value of its order book plus probable orders to £18.4bn. Closing Price 297.30p (Reuters)
Rockhopper Exploration (RKH.L) – The $298m of resources available at year end puts the group into a very strong position. Preference remains to secure its own development funding for its 40% share of the sea lion. Work on a debt facility is therefore expected to start before the end of the calendar year Closing Price 137.25p (Reuters)
IMI (IMI.L) – H1 revenue £1,087m. H1 adjusted profit before tax £170.1m. Interim dividend increased by 8%. Merchandising sale process on track. Continue to anticipate better trading conditions in the remainder of the year. Closing Price 1409.00p (Reuters)
For more information on any of these individual news items, call into the trading floor
Stock | Code | Close | High | Low |
Lloyds Banking Group Plc | LLOY.L | 0.08% | 1.19% | -0.38% |
Hochschild | HOC.L | -0.44% | 2.88% | -4.57% |
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