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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
Anglo American Plc (AAL.L) - Says there’s been a shift in China’s demand for imported iron ore as prices have soared in 2017, continuing from 2016, toward higher grades that are unlikely to be reversed as mills in the largest steelmaker seek to become more efficient. The company also reported a new mode for purchasing. Closing price 1350.50p (Bloomberg)
Barratt Developments (BDEV.L) – Posted a 9% rise in H1 pretax profit but built fewer homes, in a move which could harm government efforts to boost supply to tackle a growing housing crisis. Closing Price 514.50p (Reuters)
Lloyds PLC (LLOY.L) – Underlying profit reached its highest in a decade at £7.9bn, with profit before tax climbing to £4.24bn vs £1.64bn previous, 160% higher y-o-y due to lower provisions. Dividend to be paid is now 2.55pp share with a special dividend of 0.5p which was better than expected. The governments share now below 5% returning full ownership by May 2017. Closing price 66.77p (Bloomberg)
For more information on any of these individual news items, call into the trading floor
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