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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
Aviva (AV.) Standard Life (SL.) Legal & General (LGEN) Admiral (ADM) Old Mutual (OML) – A major $200bn loss from a combination of a cyber-attack, U.S. hurricane and the failure of a reinsurer could strip insurers of up to 120% of their net capital base, tests of insurers in London showed. Closing Prices 481.00p, 345.90p, 239.80p, 1797p, 205.90p respectively (Reuters)
SSE (SSE) - For the year to March SSE expects its capital and investment expenditure will total £1.75bn the highest annual investment and capital expenditure by company to date also on target for increase in its annual dividend. Since Nov we have faced “volatile wholesale energy market, the share buy-back program has completed £87m of buy backs and the process should be completed by December 2017. Closing price 1492.00p (Bloomberg)
Royal Dutch Shell (RDSA/B) – Said on Tuesday it would sell its stake in Thailand's Bongkot gas field to Kuwait Foreign Petroleum Exploration Company for $900m. Closing Price 2154p & 2246p (Reuters)
Ocado (OCDO) - Reported a 3.3% rise in full-year core earnings, generating £84.3m though missing analysts’ expectations of £85.7m It said it was well positioned for growth, though there was no significant update on a long awaited overseas deal missing its deal deadline of 2015 end. Closing price 244.40p (Reuters)
For more information on any of these individual news items, call into the trading floor
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