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
Antofagasta (ANTO) – Q2 copper production +6.1% QoQ (H1 -8.5%), gold +22.1% QoQ (H1 -35.8%), cash costs -7.5%, FY copper production guidance unchanged. 3i Group Q1 NAV +5.1%. Closing price 974.40p (DJ)
Fresnillo (FRES) – Q2 silver production +5.7%, Gold +4.6%; Full year gold production guidance upgraded by 3.3% but silver cut by 3.5%. Closing price 1106p (DJ)
BHP Billiton (BLT) – Made final offer in talks with worker union at the world’s largest copper mine. Will offer a bigger signing bonus in addition to a 1.5% increase in wages. Closing price 1705.40p (Reuters)
Vodafone (VOD) – Q1 slowdown in organic service revenue. Tough trading in Italy dampens final set of results delivered by outgoing boss Vittorio Colao. Organic service revenue +0.3%. Reiterates outlook. Closing price 177.68p (Reuters)
ITV (ITV) – Advertising revenues +2% (online +48%), Studio revs +14%, group adj. EBITDA -7% (advertising -12%, studios +7%); div +3%; Studios to deliver good FY organic revenue growth; Online to grow strong double digits; advertising to grow 1% in 9M with Q3 flat. Closing price 170.90p (Reuters)
Tullow Oil (TLW) – H1 revenues +14.8% YoY, free cash flow +95%, FY oil production guidance upgraded to 89-95K bpd, $460m capex unchanged. Closing price 217.70p (Reuters)
Informa (INF) –Revenue +4.3% YoY, underlying operating profit +3.3% YoY. Increased dividend +6%. Closing price 851.80p (Dow Jones Newswire)
Wizz Air (WIZZ) – Q1 passengers +19.7%, revenues +17.9%, operating profit -2.8%, net profit -14% hurt by Easter timing and disruption; Capacity guidance reduced, profit guidance unchanged. Closing price 3577.00p (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 |
| TESCO | TSCO | -0.7% | 0.5% | -1.1% |
| HAMMERSON | HMSO | 0.6% | 2.2% | -0.4% |
| BT | BT/A | 0.7% | 1.6% | -0.1% |
| FEVERTREE DRINKS | FEVR | 5.6% | 15.4% | 4.9% |
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Prepared by Michael van Dulken, Head of Research