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
BHP Billiton (BLT.L) – Is on track to meet its full-year iron ore production guidance after mining a record 62m tonnes in the September quarter at its Australian operations, 15% over the year-ago period. Closing Price 1689.50p (Reuters)
British American Tobacco (BAT.L) – Reported lower revenue for the first 9 months of the year on Wednesday, hurt by foreign exchange rates and the slow economic recovery in western Europe. Closing price 3466.50p. (Reuters)
Croda International (CRDA.L) – Shares in the specialty chemicals maker rose 1.8% on Tuesday. The Daily Mail and Daily Express attribute the rise to talk of a £4bn offer for the firm, citing U.S. firms Dow Chemical <DOW.N> and DuPont <DD.N> as possible bidders. Closing Price 2093.00p (Reuters)
Home Retail (HOME.L) – H1 Adjusted pretax profit £30.9m (£34m expected) Revenue £2.67bn. To cut Homebase store estate by 25%. Sees FY Pretax profit in line with forecasts. Christmas sales from Argos will be key to full year outcome. Closing Price 175.60p (Bloomberg)
SuperGroup (SGP.L) – Has named ex-Co-operative Group boss Euan Sutherland as its new chief executive, replacing its founder Julian Dunkerton. Closing Price 1029.00p (Reuters)
For more information on any of these individual news items, call into the trading floor
| Stock | Code | Close | High | Low |
| Anglo American | AAL.L | 0.73% | 1.47% | -1.14% |
| ARM Holdings | ARM.L | -5.34% | 3.93% | -8.57% |
| ASOS | ASC.L | 15.71% | 19.68% | 5.24% |
| GKN | GKN.L | 3.64% | 3.64% | 0.03% |
| Intercontinental Hotel Group | IHG.L | 0.22% | 0.76% | -2.67% |
| Reckitt Benckiser | RB.L | -2.05% | -1.17% | -3.23% |
| Shire | SHP.L | 2.61% | 3.23% | -0.24% |
| Whitbread | WTB.L | -0.66% | 0.05% | -2.74% |
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