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
Barclays (BARC.L), Lloyds (LLOY.L), Royal Bank of Scotland (RBS.L) - Theresa May offered her strongest support yet for London’s financial district, insisting banks are of “huge value” to the U.K. economy as executives signaled they were accelerating plans to move staff abroad after Brexit. Closing price 228.30p, 64.74p, 220.10p (Bloomberg)
Antofagasta (ANTO.L) – Said on Thursday it would sell its 40% stake in the Alto Maipo hydroelectric power project to partner AES Gener, exiting the project entirely. Closing Price 752.50p (Reuters)
Close Brothers Group PLC (CBRO.L) - Had a “strong performance” since the start of the financial year, with its banking division loan book up 9.3% y-o-y to £6.6bn, with its outlook confident of strong results in H1 and good outcome for full 2017 financial year though managed assets fell to £7.8bn. Closing price 1432.00p (Bloomberg)
ITV (ITV.L) – UBS downgrades ITV to Sell from a hold and cuts its target price from 203.5 to 170p over the next twelve months (there may be conflicting broker comments elsewhere on this stock) . Closing Price 203.50p (Reuters)
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