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
Sky (SKYB.L) – 5% increase in like-for-like revenue, with operating profits up 22%, on the back of 38K new Q3 customers and UK Premier League rights extension to 2020. (Reuters)
Ultra Electronics (ULE.L) – A formal probe has been opened by the UK’s Serious Fraud Office into the company’s dealings in Algeria, related to “suspected corruption”. Note: the company referred itself to SFO and is cooperating. (Reuters)
Unilever (ULVR.L) – Met Q1 expectations, with 3.4% underlying sales. Turnover fell 5.2% on the back of FX fluctuations. (Reuters)
Debenhams (DEB.L) – UK department store rebased its dividend to 0.5p on the news of 52% decline in H1 profits. Group warned that FY profit expected to be on the lower end of consensus forecasts of GBP 50-61M. (Reuters)
Rentokil Initial Plc (RTO.L) – UK support services company announced 13.7% rise in Q3 revenue, boosted by its pest control division (Reuters)
For more information on any of these individual news items, call into the trading floor
| Stock | Code | Close | High | Low |
| HOCHSCHILD MINING PLC | HOC | 9.0% | 9.9% | 0.6% |
| HAMMERSON PLC | HMSO | 4.2% | 6.0% | 1.5% |
| INTU PROPERTIES PLC | INTU | -4.1% | -3.2% | -7.4% |
| SEGRO PLC | SGRO | 0.8% | 1.1% | 0.0% |
| BUNZL PLC | BNZL | -0.6% | 2.0% | -2.2% |
| POLYMETAL INTERNATIONAL PLC | POLY | 12.0% | 14.7% | 0.7% |
| JUPITER FUND MANAGEMENT | JUP | -4.6% | -0.9% | -5.9% |
| RIO TINTO PLC | RIO | 5.4% | 5.5% | 0.7% |
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