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
Persimmon (PSN.L) – Volume of new house sales 16% ahead of 2012. H2 sales volumes are 25% ahead of the prior year. Average selling price for was £180,900. Full year revenues of £2.1bn up 21%. To deliver strong underlying pre tax profit growth. Closing Price 1294.00p (Reuters)
Domino’s Pizza (DOM.L) – Met profit forecasts after a marketing push and growing online demand helped Q3 sales surge ahead of expectations. Sales at its 670 UK stores open over a year rose 10.9%, well ahead of analyst forecasts which ranged from 1 to 4%. Closing Price 503.00p (Reuters)
Galliford Try (GFRD.L) – Anticipating a record half year profit, Net debt of £90m (2012: £58m) rose as planned. Closing Price 1204.00p (Reuters)
Mothercare (MTC.L) – warned that annual profit would be below current market forecasts, hit by Christmas discounting in Britain, plus weak economic conditions and currency deflation overseas. Closing Price 420.00p (Reuters)
Sainsbury (SBRY.L) – Posted a small rise in underlying sales in its Christmas quarter, though its rate of growth slowed. Sales at stores open over a year rose 0.2%, excluding fuel, in Q3. Ahead of analysts’ forecasts which ranged from flat to -1% and represented a 36th consecutive quarter of underlying sales growth. Closing Price 368.90p. (Reuters)
Ferrexpo (FXPO.L) – Iron ore pellet output rose to a record high for the company in 2013 even as production fell slightly in the last quarter of the year. Closing Price 179.90p (Reuters)
Lloyds Banking Group (LLOY.L) – A mass sell-off of the government’s 33% stake in Lloyds Banking Group has moved a step closer after the management of the bailed out bank was asked by UK Financial Investments, which looks after the taxpayer’s shares, to draw up the detailed information needed for a sale. Closing price 82.51p. (Guardian newspaper and Sky News reported).
For more information on any of these individual news items, call into the trading floor
| Stock | Code | Close | High | Low |
| ARM Holdings | ARM.L | -2.20% | 0.30% | -2.66% |
| Topps Tiles | TPT.L | 1.20% | 6.24% | 0.62% |
| easyJet | EZJ.L | 0.50% | 0.50% | -1.57% |
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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