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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
Associated British Foods (ABF.L) - Raised its earnings outlook for the second time in two months, expected earnings per share for the 2015-16 year now marginally ahead of the 102p made in 2014-15, benefiting from better-than-expected H2 trading and favorable currency moves. Closing price 3156.00p (Reuters)
Barclays (BARC.L), Lloyds (LLOY.L), Royal Bank of Scotland (RBS.L) – British Chamber of Commerce have revised down British bank growth forecast citing blame on the vote to leave the EU, believing that the vote to leave may hurt growth prospects for the Banks. Closing prices 174.75p, 59.31p, 206.70p (Bloomberg)
London Stock Exchange (LSE.L), Deutsche Boerse AG (DB1) - The U.K.’s decision to leave the EU has complicated Deutsche Boerse’s takeover of its London-based competitor as lawmakers and regulators voiced concern about basing Europe’s largest exchange operator in the U.K. capital, outside the jurisdiction of the EU. Closing prices 2699.00p, 71.94c (Bloomberg)
Royal Dutch Shell (RDSA.L) - Royal Dutch Shell has started production at the world's deepest underwater oil and gas field, 1.8 miles beneath the sea surface in the Gulf of Mexico, the Guardian reported on Sunday. Closing prices 1877.50p, (Reuters)
For more information on any of these individual news items, call into the trading floor
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