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
SSE (SSE.L) & Centrica (CNA.L) – British regulators referred Britain’s energy supply sector for a full anti-trust investigation, kick starting a legal process that could see some of the country’s big suppliers being broken up. Closing Price 1518p & 323.10p respectively (Reuters)
Afren (AFR.L) – Profit before tax falls 44% to £318m from £569m. Gross profit falls 19% to £643m from £791m. Targeting double digit growth in net production over the next five years. Closing Price 150.80p (Reuters)
Serco Group Plc (SRP.L) – Signed a 22-month interim franchise agreement to continue operating northern rail franchise on behalf of UK department for transport until Feb 2016. Total revenue from operating service over 22-month franchise is estimated at £520m. Closing Price 418 (Reuters).
Compass (CPG.L) – 6.2% impact or £78m on 2013 FY underlying profit if current spot rates continue. Expectations for the FY remain positive and unchanged. Negative currency impact of 5.9%, or £1,029m on 2013 FY reported revenues if current spot rates continue in H2. Closing Price 929.00p (Reuters)
Thomas Cook (TCG.L) – Summer 2014 bookings up 50%, slightly higher year on year. Sees an improving trend for summer holidays since it reported Q1 results, with overall bookings up 2%. Closing Price 181.40p (Bloomberg)
For more information on any of these individual news items, call into the trading floor
| Stock | Code | Close | High | Low |
| Lloyds Banking Group | LLOY.L | -4.94% | -3.72% | -5.83% |
| Bellway | BWY.L | 1.87% | 6.72% | 1.62% |
| Carpetright | CPR.L | -5.12% | -3.67% | -8.61% |
| Legal & General Group | LGEN.L | 2.53% | 3.82% | 0.76% |
| TUI Travel | TT.L | 0.64% | 1.89% | -0.77% |
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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