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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
Carillion (CLLN.L) – Has been selected by Centrica as preferred partner for a £90m facilities management, support services contract for an initial five year period, with an option for an additional two. Closing price 261.10p (Reuters)
Antofagasta (ANTO.L), Glencore (GLEN.L), Anglo American (AAL.L), BHP Billiton (BLT.L), Rio Tinto (RIO.L) – Copper hovered near its weakest level in 2 months as the dollar has gained ground, the Chinese Caixin print was better than expected. Closing Prices 506.50p, 181.75p, 995.50p, 2327.00p (Reuters)
Marks & Spencer (MKS.L) British retailer Marks & Spencer will cut 500 jobs at its head office this week as its new chief executive Steve Rowe tries to halt a slump in sales. Closing prices 353.45p (Sky News)
DS Smith (SMDS.L), Mondi (MNDI.L),Smith & Nephew (SN.L) - The BoE, stating interest rates could be cut further, is likely to view the weaker investment plans by manufacturers as consistent with its expectation that Britain's uncertain future trading ties with the EU will gradually take its toll. The EEF's gauge of investment plans for the next 12 months slipped a point to -10, its lowest since late 2009. Closing prices 425.30p, 1556.00p, 1230.40p (Reuters)
For more information on any of these individual news items, call into the trading floor
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