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
Vedanta Resources (VED) – Billionaire Anil Agarwal, who controls Vedanta, said he regrets investing 500bn rupees ($8bn) on an aluminium complex in India. “I could either invest in Vedanta Aluminium or I could have bought Asarco,” Agarwal said in an interview with Bloomberg TV. Closing Price 895.50p (Bloomberg)
Infinis Energy (INFI.L) – HY results in line with expectations. Revenues up by 10.5% to £107.1m. EBITDA before operating exceptional items up 21.2% to £63.9m. Refinancing and consolidation of wind project finance facilities of £254.8m was completed through a single £296m syndicated loan Closing Price 260.00p (Reuters)
RPC Group (RPC.L) – Profit in the first half fell marginally due to weakness in the European markets. “Continued weakness in continental markets and up-front costs related to future growth have offset benefits in other areas, Operating profit fell to £46.6m vs. £47m. Closing Price 502.00p (Reuters)
Speedy Hire (SDY.L) – Said its chief executive was standing down and that the finance director of its international unit had been suspended after it uncovered accounting irregularities. Closing Price 64.50p (Reuters)
For more information on any of these individual news items, call into the trading floor
| Stock | Code | Close | High | Low |
| Kingfisher | KGF.L | -4.39% | -2.42% | -6.52% |
| Marston’s PLC | MARS.L | -7.35% | 3.45% | -8.77% |
| Thomas Cook Group | TCG.L | 14.69% | 17.04% | 9.01% |
| Rio Tinto PLC | RIO.L | 3.89% | 4.95% | 1.13% |
| Pennon Group | PNN.L | 0.94% | 2.20% | 0.63% |
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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