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
888 Holdings (888.L) – Remains confident of meeting management expectations for full year adjusted EBITDA. Closing Price 161.00p (Reuters)
Keller Group (KLR.L) – No significant change in market and trading conditions since 19 November 2013. Expects full year results will be in line with current market expectations. Closing Price 1104.00p (Reuters)
Sirius Minerals (SXX.L) – Activity during the six month period led to a loss after taxation of £6.3m. Will require additional funding to achieve its objectives over the next twelve months. Working towards fulfilling a detailed checklist of approval issues. Closing Price 9.40p (Reuters)
Serco (SRP.L) – To update the market shortly on a settlement with the justice ministry on the tagging contract. Costs directly related to the reviews would now be £17m, up from £12m. One-off charges and accounting charges taken on the electronic tagging contract will now be around £19m, up from £15m. Closing Price 448.80p (Reuters)
Barratt Developments (BDEV.L) and Taylor Wimpey (TW..L) – US House builder stocks rallied last night after The Fed confirmed interest rates would remain at near zero levels for some, time even if unemployment levels drop below 6.5%. Closing Prices 337.40p and 107.60p. (Reuters)
For more information on any of these individual news items, call into the trading floor
Stock | Code | Close | High | Low |
Tullow Oil | TLW.L | 0.00% | 0.85% | -1.37% |
Barratt Developments | BDEV.L | 0.39% | 1.99% | -0.12% |
BP | BP.L | -0.02% | 1.40% | -0.18% |
Ferrexpo | FXPO.L | -0.76% | 0.55% | -2.39% |
Bwin.Party | BPTY.L | 8.38% | 8.99% | 0.78% |
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