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
Poundland (PLND.L) – U.S. activist hedge fund Elliott Capital has raised its stake to 22.7%, putting it in a position to be able to block an agreed takeover by South African retailer Steinhoff. Closing price 224.25p (Reuters)
Rolls-Royce (RR.L) - ANA Holdings Inc, Japan's largest airline, said it will need to replace all 100 Rolls-Royce engines on its fleet of Boeing 787 Dreamliners. Closing price 770.00p (Reuters)
UK 100 ( UK 100 Cash), Dow Jones (Wall Street Cash), De Dax (Germany 30 Cash) - The pound fell for a fourth month versus the dollar amid speculation the BoE will try to soften any economic blow of Brexit with further stimulus. Sterling has dropped versus every major peer since the June 23rd EU referendum. Current levels 6,812.2pts, 18,444.3pts, 10,615.3pts (Bloomberg)
Intercontinental Hotels (IHG.L) – Kimpton Hotels & Restaurants said an investigation had found a malware attack on servers that processed payment cards used at some of its hotels. IHG.L pay a dividend today. Closing price 3267.00p (Reuters)
For more information on any of these individual news items, call into the trading floor
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