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
Anglo American (AAL.L), Antofagasta (ANTO.L), Glencore (GLEN.L), KAZ Minerals (KAZ.L) – With copper bouncing from recent lows, the heightened expectation for greater spending in the US for infrastructure projects after the presidential election now sees hope that a greater demand for commodities will ensue. Closing prices 1237.50p, 701.00p, 286.05p, 370.00p (Accendo Markets)
Mothercare (MTC.L) – Experiencing a difficult six month period, H1 underlying pretax is down 16% to £5.9m, reporting a stalling of growth due to unseasonable weather, weak UK sales and total group sales of 0.5% lower year on year. Closing price 111.50p (Bloomberg)
Severn Trent PLC (SVT.L) – Posted H1 turnover of £906.8m, up 3.2% year on year and underlying profit was up 3.1% to £284.5m, due to price increases, underlying growth and favorable exchange impacts in Business Services. Closing price 2233.00p (Bloomberg)
For more information on any of these individual news items, call into the trading floor
This research is produced by Accendo Markets Limited. Research produced and disseminated by Accendo Markets is classified as non-independent research, and is therefore a marketing communication. This investment research has not been prepared in accordance with legal requirements designed to promote its independence and it is not subject to the prohibition on dealing ahead of the dissemination of investment research. This research does not constitute a personal recommendation or offer to enter into a transaction or an investment, and is produced and distributed for information purposes only.
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