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
Barratt Developments (BDEV.L). Bovis Homes (BVS.L), Bellway (BWY.L), Persimmon (PSN.L), Taylor Wimpey (TW.L) – An industry report showed the average value of a home rose just 0.1%, the same pace as in July, to £292,921. It left prices 4.3% higher than a year earlier, weakest annual increase for three years. The EU vote to leave and a sharp increase in stamp duty was to blame. London being effected with a 5th consecutive month of decline in prices. Closing prices 485.50p, 885.00p, 2278.00p, 1795.00p, 154.70p (Bloomberg)
JD Sports (JD.L) - Posts 1H pretax of £77.4m, up 73% vs £44.7m a year earlier, revenue up over 19%, £970m vs £809m a year ago, stating a positive outlook for H2 trading, increasing the interim dividend to 1.25p share. Closing price 1333.00p (Bloomberg)
Ocado Group Plc (OCDO.L) – Posted retail sales of £286m, +13% for the 12 weeks to August, with average orders +19%, but warned of sustained and continued margin pressure. Closing price 322.00p (Reuters)
For more information on any of these individual news items, call into the trading floor
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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