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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
Bellway (BWY.L) – Had an encouraging start to the financial year, customer demand for new homes continues to be robust. Expecting to deliver volume growth of around 5% for new homes. Since 1 August, reservations per week rose by 7% year on year. Closing price 2390.00p (Bloomberg / Reuters)
BP (BP.L) – Came close to at least two potentially lethal accidents due to shortcomings in the way it monitors safety of refineries, petrochemicals plants, according to an FT report that cites a leaked internal report. Internal investigation last year found BP lags behind sector peer Royal Dutch Shell and other competitors in managing critical engineering information at its downstream operations. Closing price 483.40p (Bloomberg)
BT (BT.L) - The latest packages of Champions League broadcast rights are expected to contribute to a record €3.2bn per season in media and marketing income, an increase of 28% from the previous deal which brought in €2.5bn per year, making it one of the more valuable sports properties in the world. Closing price 185.20p (Bloomberg)
KAZ Minerals (KAZ.L) – New $300m credit facility with the Development Bank Of Kazakhstan JSC is scheduled to be signed on Dec.14 2016. Closing Price 413.70p (Reuters)
Lloyds PLC (LLOY.L) - Britain cut its stake in the lender to below 7% on Tuesday as it continued to return the lender to full private ownership over the next year. Closing price 61.38p (Reuters)
For more information on any of these individual news items, call into the trading floor
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