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), BHP Billiton (BLT.L), Glencore (GLEN.L), Rio-Tinto (RIO.L) - Copper prices fall in Asian trading as high stockpiles in Shanghai warehouses capped early gains despite recent issues at two of the world's biggest copper mines. Futures prices on the London Metal Exchange are down 0.5% at $5,899/ton. Closing prices 1252.50p, 1308.00p, 327.50p, 3315.50p (Dow Jones Newswire)
Associated British Foods (ABF.L) – Outlook unchanged, sees excellent progress in adjusted operating profit, sees stronger cash flow in H1 compared to last year, Primark sales 11% ahead of last year at constant FX. Closing Price 2611p (Bloomberg)
London Stock Exchange Group Plc (LSE.L) - Its $13bn tie-up with Deutsche Boerse AG is unlikely to proceed due to concerns the EC's competition commission would be averse to the deal. LSE said it couldn’t commit to a divestment regarding its MTS platform and would not submit a remedy proposal to do so. Britain leaving the EU has further complicated matters. Closing price 3125.00p (Bloomberg)
Persimmon (PSN.L) – Full year revenue up 8% to £3.14bn (£3.13bn expected), pretax profit £774.8m (£760.7m expected) and net income £633m (£616m expected). Closing Price 2025p (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