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
Tesco (TSCO.L) - Could be forced to announce another profit warning later this year unless the supermarket chain can stop the sales decline at its UK stores. Tesco is expected to report a quarterly revenue drop of 4% on June 4th, worse than the 2.9% decrease in the previous quarter. Closing price 303.55p. (Sunday Times)
Shire Pharmaceuticals (SHP.L) - Has secured a $5bn credit facility for a takeover offer for New-Jersey-based NPS Pharmaceuticals. Closing price 3414p. (Times of London)
Rio Tinto, BHP Billiton, Ferrexpo (RIO.L), (BLT.L), (FXPO.L) - China’s manufacturing expanded at the fastest pace in five months, in a sign the government’s measures to counter an economic slowdown are gaining traction. The Purchasing Managers’ Index rose to 50.8 in May. However, mining stocks traded lower after iron ore prices declined 4% over the weekend. Closing prices 3057p, 1868p, 136.9p. (Reuters)
For more information on any of these individual news items, call into the trading floor
| Stock | Code | Close | High | Low |
| Howden Joinery | HWDN.L | -0.53% | 0.62% | -0.69% |
| Petroceltic | PCI.L | -5.67% | -2.97% | -9.66% |
| Fenner | FENR.L | -10.19% | -10.19% | -17.89% |
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