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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
Asos PLC (ASOS.L) – Saw 4-month revenue up 32% and full year sales climb 26%. Anticipated full year sales growth is forecasted to climb to the top end of the range of 30%-35%. Closing price 5810.00p (Bloomberg)
Carillion PLC (CLLN.L) – The company's shares are among the most heavily shorted across the UK market with hedge funds including Marshall Wace and Naya Capital reporting sizeable bearish bets according to FCA disclosure data. The company's value has tanked over 70% this week since Monday's profit warning. Closing price 57.20p (Reuters)
Premier Oil PLC (PMO.L) – Saw its net debt reduced down to £2.7bn, H1 Oil output rose 35% year on year, with operating costs falling 11% to $14.70boe and capital expenditure falling 7%. The shares surged 35% on Wednesday after the company announced an oil find of at least 1bn barrels off the coast of Mexico. Closing price 62.50p (Bloomberg)
For more information on any of these individual news items, call into the trading floor
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