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
Sig PLC (SIH.L) – Shareholders reject Deloitte appointment, which reported that company profits were ovestated for years. Closing price 134.84p (The Times / Reuters)
Sainsbury’s PLC (SBRY.L) – Asda takeover faces regulatory scrutiny. Both companies may be required to sell 74 stores to get approval from the CMA over market concentration concerns. Closing price 304.64p (Bloomberg)
3i Infrastructure (3IN.L) – 28.6% NAV return for year, +10% in target dividend for 2019 to 8.65pp share with a commitment to return £425m to shareholders via a special dividend. Closing price 224.71p (Bloomberg / Reuters)
Bovis Homes Group PLC (BVS.L) – Investigation found some customers had allegedly been offered rewards in return for completing positive satisfaction surveys. Closing price 1261.10p (Reuters/ The Independent )
John Wood Group PLC (WG.L) – Sees "good trading momentum in Q1” led by capital projects in power, downstream and chemicals, U.S. shale. Forecasting revenue and earnings growth in 2018, cost synergies of more than $50m, looking to increase full year dividend +3%. Closing price 590.70p (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
| Stock | Code | Close | High | Low |
| BT | BT/A | 0.9% | -5.4% | -9.2% |
| ROYAL BANK OF SCOTLAND | RBS | 1.1% | 7.7% | 3.6% |
| NEXT | NXT | 1.3% | 10.2% | 6.3% |
| ITV | ITV | 0.6% | 6.7% | 0.7% |
| RSA INSURANCE | RSA | -1.1% | 2.0% | -0.8% |
| WM MORRISON SUPERMARKETS | MRW | -0.7% | 3.0% | 1.1% |
| SUPERDRY | SDRY | 0.0% | -5.3% | -20.1% |
| ROLLS-ROYCE | RR/ | -1.5% | -0.1% | -2.2% |
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