Getting latest data loading
Home / Movers & Shakers / Movers & Shakers

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Movers & Shakers - 24 July 2018

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 (TSCO) - Considers challenging Aldi and Lidl by opening up to 60 trial discount stores named ‘Jack's’, after Tesco's founder Jack Cohen. Closing price 257.70p  (Sky News)

Hammerson (HMSO) – H1 net rental income -3%, adj profit +0.5%, div +3.7%; launches £300m buyback; new disposal target of £1.1bn by end-2019 (£300m completed; 2018 target raised to £600m), plans to exit retail parks over medium term. Closing price 528.60p (Reuters)

BT (BT) – says Openreach will deliver supplementary wholesale broadband discounts (in return for volume commitments) to incentivise UK upgrade of broadband network over next 3 to 5 years. Closing price 222.25p (Reuters)

Fevertree Drinks (FEVR) – H1 revenue +45% (£104.2m), adj. earnings +35% (£34.0m), pre-tax profit hit £32.7m, EPS +36% and the interim dividend hiked by 40% to 4.22p/share. Closing price 3463.00p (Bloomberg)

(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

Prior day's Movers & Shakers:

Stock Code Close High Low
GLAXOSMITHKLINE GSK 1.0% 1.4% 0.0%
WPP WPP 3.1% 3.4% -1.2%
RYANAIR RYA -6.4% -3.8% -6.4%
ROLLS-ROYCE RR/ -0.7% 0.0% -1.2%
Back to Top

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
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.
.