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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
Premier Oil Plc (PMO.L) – Announces full year production expected to be at or above upper end of earlier guidance of 65-70 kboepd (Barrels of oil equivalent per day) with net debt flat at end of Q1 at £2.6bn and a drop in sterling vs the Dollar lowering operating costs but effecting the value of its Catcher oil field. Closing price 68.75p (Reuters)
Asos Plc (ASOS.L) - Sees full year sales growth at upper end of guidance towards 20-25% range, with retail sales up 30%, active customers y-o-y increased to 12 million, up 24%. UK growth seen strong at 28% with acceleration in US, EU and ROW. Closing price 4301.00p (Reuters)
Shire PLC (SHP.L) – The FDA has approved Shire’s dry-eye treatment Xiidra, a potential blockbuster drug used to treat Dry eye disease in adults that is expected to go on sale in Q3, sales could top over $1bn a year according to analyst estimates. Closing price 4818.00p (Dow Jones Newswire)
For more information on any of these individual news items, call into the trading floor
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