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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
TUI AG (TUI.L) – Lowered its sales forecast for the full year after attacks and a failed coup in Turkey knocked revenue in Q3 of its fiscal year. Expects sales growth of between 2-3% in the current financial year, instead of at least 5%. Confirmed its target for underlying profit growth of 10% this year. Closing prices 1012.00p (Reuters)
Barratt Developments (BDEV.L), Bovis Homes (BVS.L), Bellway (BWY.L), Persimmon (PSN.L), Taylor Wimpey (TW.L) – RICS blamed a government tax charge & the vote to leave the EU seeing new inquiries for homes fall for fourth straight month, sales pointing to fastest rate of decline since 2008, prices rising at slowest rate in three years seeing demand falling at a record pace. Other analysts stated house-price growth cooled to 5.5% in July down from 8.9% in February. Closing prices 435.90p, 807.50p, 2115.00p, 1695.00p, 153.80p, (Bloomberg)
Glencore (GLEN.L) – H1 zinc production was 31% lower than in the same period last year following previously announced cuts mainly in Australia and Peru. Closing Price 195.25p (Reuters)
Old Mutual (OML.L) – H1 pretax profit $608 million versus $683 million. Operating profit dropped 9 percent against expectations, saying conditions were challenging. A first interim dividend of 2.67 pence per share will be paid. Closing prices 225.50p (Reuters)
Coca-Cola HBC (CCH.L) - Soft drink bottler Coca-Cola HBC reported lower revenue for H1 of the year hurt by unseasonably cooler weather in Europe and economic problems in other markets. Closing Price 1571.00p (Reuters)
Poundland (PLND.L) - South Africa's Steinhoff has improved the terms of its agreed takeover of British discount retailer Poundland. Closing Price 224.00p (Reuters)
For more information on any of these individual news items, call into the trading floor
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