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
Foxtons Group PLC (FOXT.L) – Sales fall 34% after announcing Q3 sales revenue of £12.2m against £18.5m year on year, “reflecting a continuation of reduced activity in the London property sales market.” However long term fundamentals of the London property market remain very attractive”. Closing price 94.50p (Bloomberg)
Reckitt Benckiser (RB.L) – Reported a 3Q miss on total like-for-like sales growth up 2%, against estimates of 2.5%, stating that 3Q performance has been adversely impacted by flagged issues in Korea, Russia and Scholl innovation. Closing price 7327.00p (Bloomberg)
Tesco PLC (TSCO.L) - Won market share against its competitors for the first time in 5 years as U.K. grocery sales rose 0.8% in 12 weeks to Oct. 9, the first time growth had returned in sales since march 2015 according to Kantar World panel. Closing price 208.30p (Bloomberg)
Travis Perkins PLC (TPK.L) – Warns against meeting market expectations for full-year profit, due to disappointing performance in plumbing and heating. Core earnings for 2016 to be "slightly below" the current market consensus of £415m. Q3 total sales growth of 3.4% and underlying growth of 2.0% stating outlook uncertainty for 2017 and planned store closures of over 30 branches. Closing price 1488.00p (Bloomberg / Reuters)
For more information on any of these individual news items, call into the trading floor
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