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) – Has agreed to sell its stake in Kazakhstan’s largest power station to Kazakhstan sovereign wealth fund Samruk-Kazyna in a deal worth $1.3bn. Closing Price 217.80p (Reuters)
Gulf Keystone (GKP.L) – said Excalibur Ventures has confirmed it does not plan to launch an appeal against the court judgment. Gulf Keystone also said on Monday that Excalibur had agreed to an interim payment of £17.5m in respect of its legal costs. Closing Price 164.25p (Reuters)
Anite (AIE.L) – Says H1 profit before tax down 64% to £5.1m. Says H1 revenue down 6% to £57.5m. Says group order intake up 5% to £56.7m. Expects second half performance to improve on the first half. Closing Price 86.75p (Reuters)
Tullow Oil (TLW.L) – A well it drilled in Ethiopia had failed to find oil. It said the rig would move to a different area of the country to drill another well. The well was the Tultule-1 wildcat well in the South Omo block, onshore Ethiopia. Closing Price 899.50p (Reuters)
HSBC (HSBA.L) – The bank is considering the flotation of up to 30% of its British retail and commercial banking arm, the Financial Times reported, a move that would help it cope with planned new rules that demand that British banks ringfence their retail arms. Closing price 659.30p (Reuters)
Lloyds Bank (LLOY.L) – Has agreed to sell a portfolio of British corporate real estate loans to an entity affiliated with Cerberus European Investments for £90m in cash. The bank is also preparing to kick-start the sell-off of De Vere Group in a move that could push total write-offs on the taxpayer-supported bank’s backing of the hotel and leisure operator to almost £900m, the Times reported. Closing price 78.24p. (Reuters)
For more information on any of these individual news items, call into the trading floor
| Stock | Code | Close | High | Low |
| AstraZeneca | AZN.L | 0.55% | 0.74% | -0.66% |
| Domino’s Pizza | DOM.L | -9.26% | -3.69% | -9.66% |
| Berkeley Group Holdings | BKG.L | 11.17% | 12.18% | 3.94% |
| Unilever | ULVR.L | 1.36% | 1.40% | -0.12% |
| International Consolidated Airlines | IAG.L | -1.49% | -0.06% | -2.87% |
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