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
3i Group Plc (III.L) – Will pay an Interim dividend 8pp share in line with policy, NAV per share rose 20% to 551p after payment of 16p for full year 2016 final dividend. Closing price 655.50p (Bloomberg / Reuters)
Anglo American (AAL.L), Antofagasta (ANTO.L), BHP Billiton (BLT.L), Glencore (GLEN.L), Vedanta (VED.L) -The world’s biggest miners surged along with metals on expectations a Donald Trump presidency can deliver a major boost to U.S. infrastructure spending, bolstering the case for a global commodities markets rebound. Closing prices 1193.00p, 641.50p, 1338.00p, 270.25p, 781.00p (Bloomberg)
AstraZeneca (AZN.L) – Miss revenue expectations as total revenue came in at $5.7bn vs an estimated $5.95bn. The company still expects low-to-mid single-digit percentage decline in total revenue and a low-to-mid single-digit percentage decline in core EPS at constant FX. Closing 4575.50p (Bloomberg)
Bovis Homes Group PLC (BVS.L) - Builder Bovis says that sales and prices have continued to rise since Britons voted to leave the EU, with increased profit this year in line with expectations. Closing price 802.50p (Bloomberg)
ITV PLC (ITV.L) - Says its outperforming the TV market however advertisement revenue fell 4% in Q3 and is experiencing more cautious behavior by advertisers. It expects 2016 FY earnings to be “broadly” in line with prior year. Closing price 166.00p (Bloomberg)
Rolls Royce (RR) – Has struck a £1bn deal with Legal & General to offload a chunk of its pension liabilities as it continues a wide-ranging restructuring under its new chief executive. Closing 758.00p (Reuters)
For more information on any of these individual news items, call into the trading floor
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