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
Tesco PLC (TSCO.L) – Saw ten straight quarters of growth with sales in its Home market beating expectations of 1.9% coming in at 2.1%, a rise in Q1, though this was at a slightly slower pace compared with the same period last year, due to adverse weather at the start of the period and the completion of the £4bn purchase of Booker. Closing price 251.06p (Bloomberg / Reuters)
Rolls-Royce Holdings PLC (RR.L) – Has reaffirmed its guidance for free cash flow totalling £1bn by 2020, stating that the figure will double over a lengthier period despite announcing a restructuring yesterday. It also stated that £100m will be offset for work on the Trent 1000 engines. Closing price 884.30p (Reuters)
CRH PLC CRH.L) – Will look to sell its assets and facilities in several states in order to facilitate approval for the purchase of Ash Grove Cement Co. Closing price 3265.00p (Reuters)
(Sources: Company newswires, Bloomberg, CNBC, FT, Reuters, Wall Street Journal)
For more information on any of these individual news items, call into the trading floor
| Stock | Code | Close | High | Low |
| BP | BP/ | 2.1% | 2.3% | -0.8% |
| ROYAL DUTCH SHELL B | RDSB | 1.3% | 1.9% | -1.0% |
| TULLOW OIL | TLW | -0.2% | 0.3% | -1.6% |
| ROLLS-ROYCE | RR/ | 6.5% | 6.6% | 2.0% |
| STANDARD CHARTERED | STAN | -0.8% | 0.0% | -2.3% |
| WILLIAM HILL | WMH | 1.2% | 1.8% | -0.9% |
| MAJESTIC WINE | WINE | 2.0% | 2.1% | -3.6% |
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