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
SSE (SSE) - Issued a profits warning due to warm weather and high gas prices impacting Q1 operating profit. Half-year operating profit now expected to be around half of previous year’s. Closing price: 1,250.5p (Source: Company newswires)
UK Index Energy (BP, RDSB) - Could be influenced by growing oil prices due to larger than expected API Crude Oil Inventories and impact of Hurricane Florence on energy demand in the US. Closing prices: 544p, 2,493p (Source: Reuters)
Galliford Try (GFRD) - FY revenue +11% YoY, pre-tax profit +145% (+28% pre-exceptional), dividend -10% to align with with dividend cover strategy. Completions +10%, but order book declined -8.4%. Notes good trading in the regions, but South-East seeing some weakening due to economic uncertainty. Closing price: 999p (Source: Company newswires)
Sports Direct (SPD) - confirms trading in line with expectations of 5-15% higher underlying EBITDA (excl. House of Fraser). Announced ambition to transform House of Fraser into “Harrods of High Street”. Closing price: 340.9p (Source: Company newswires)
(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 |
| ASHTEAD | AHT | 6.2% | 7.4% | 3.2% |
| JD SPORTS FASHION | JD/ | 5.4% | 5.4% | -2.3% |
| ANGLO AMERICAN | AAL | -0.6% | -0.5% | -2.8% |
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Prepared by Michael van Dulken, Head of Research