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
Meggitt Plc (MGGT.L) – HY profits +6%, company on track to deliver revenue growth in line with guidance as military spending offset energy market declines. Closing price 464.20p (Reuters)
Fresnillo Plc (FRES.L) - H1 profit -44.3% to $76.4m; H1 total revenue $752.3m vs. $677.1m a year ago. Interim dividend $0.021/share. Closing price 633.00p (Reuters)
Direct Line Insurance Group (DLDG.L) - H1 pretax profit almost doubles to £315m (vs. £211.7m a year ago); Interim dividend +4.5% to 4.6p/share. Closing price 366.00p (Reuters)
Travis Perkins Plc (TPK.L) - Revenue +7.8%, like-for-like revenue +5.7%. Operating profit, excluding impact of property profits, +9.0% to £182m. Closing price 2260.00p (Reuters)
Royal Bank of Scotland (RBS.L) - UK Gov has sold a £2.1bn stake in Royal Bank of Scotland to kick off the disposal of its holding. Closing Price 337.60p (Reuters)
Standard Life (SL..L) – H1 Operating pre-tax profit +6% to £290mn, with a drop in annuity business affecting performance. Assets under administration +2% from Dec 2014 to £302.1bn Closing price 454.30p (Reuters)
Pendragon (PDG.L) - FY performance ahead of expectations. Interim dividend 0.6 p/share. Anticipated FY outturn comfortably ahead of expectations, Underlying profit before tax +22.9% to £40.3m. Closing Price 39p (Reuters)
Antofagasta (ANTO.L), Rio Tinto (RIO.L) and Vedanta (VED.L) - The price of copper entered bear market territory to trade at a six-year low amid concern over slackening demand for commodities. Closing Prices 568.00p, 2432.50p and 382.40p respectively (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 | -0.16% | 1.12% | -0.50% |
| BG Group | BG.L | -0.14% | 0.55% | -1.14% |
| HSBC Holdings | HSBA.L | 0.28% | 1.71% | -0.17% |
| Intertek Group Plc | ITRK.L | 11.20% | 13.32% | 5.88% |
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