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
Burberry (BRBY.L) – Strong sales in China and Korea helped it to a 19% rise in H2 revenue, beating analyst expectations, said it expected currency headwinds to hit profits in the next two years. Closing Price 1421.00p (Reuters)
Hargreaves Lansdown (HL.L) Saw record quarterly net inflows of money from clients in the three months. The group's assets under administration increased £2.3bn pounds to £45.7bn pounds over the period, helped by net inflows of £1.83bn. Closing Price 1211.00p (Bloomberg)
Persimmon (PSN.L) – Private sales up 25% in first 15 weeks, forward sales £1.87bn, revenue up 35% from 2013, forward sales 7,200 homes for 2014, sold about 5,000 homes under Help to Buy, “the new financial year has started well”. Closing Price 1265.00p (Bloomberg)
Quindell (QPP.L) – Q1 gross sales of £162.9m v £167.3m (2013) Q1 adjusted EPS of 0.82p v 1.1p (2013) Confident that upper end of market expectations should be achieved for full year for 2014 Closing Price 37.00p (Bloomberg)
Tesco (TSCO.L) – FY trading margin 5.17% vs. 5.1% expected, “uncertainties remain in industry” 6% fall in annual profit to £3.32bn vs. £3.23bn expected, FY UK sales declined by 0.1% to just over £48bn, however “strong growth in online UK grocery” Closing Price 286.30p (Bloomberg)
For more information on any of these individual news items, call into the trading floor
| Stock | Code | Close | High | Low |
| Aggreko | AGK.L | 1.19% | 6.42% | 1.06% |
| Debenhams | DEB.L | 4.45% | 6.25% | -0.99% |
| JD Sports | JD.L | -1.01% | 2.41% | -2.00% |
| Rio Tinto | RIO.L | -3.12% | -0.68% | -3.44% |
| SAB Miller | SAB.L | -2.29% | -0.96% | -3.95% |
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