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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
Barratt Developments (BDEV.L), Bovis Homes (BVS.L), Persimmon (PSN.L), Taylor Wimpey (TW.L) – Sterling weakness is expected to continue after the UK election. U.K. house prices climbed to a record last month as a slowdown in London sales was offset by a stronger market in the North, according to a report by Acadata and LSL Property Services Plc. In England and Wales prices rose 0.3% from April to an average of £303,200 despite the uncertainties of the general election campaign. Prices were up 4.8% on an annual basis, the biggest jump since January. Closing prices 576.50p, 922.50p, 2379.00p, 177.50p (Bloomberg)
Fresnillo (FRE.L), Randgold Resources (RRS.L) - Spot Gold edged higher, after having eased from recent highs on a stronger dollar. Market analysts expect Gold will likely drift lower this week as the Fed is expected to raise rates. Closing prices 1725.00p, 7600.00p (Wall Street Journal)
For more information on any of these individual news items, call into the trading floor
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