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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
Dow Jones (Wall Street Cash), DAX 30 (Germany 30 Cash), UK 100 ( UK 100 Cash) - Keep a close eye on the major indices today in anticipation of Theresa May’s speech tomorrow on her plans for the UK and the terms for Brexit. With the UK Index reaching a fresh all time high on Sunday, The Gains on the major indices reflects a weaker pound, given about 80% of companies source revenue in Dollars. Fairly punchy rhetoric from the PM anticipated with an increasingly likely ‘’Hard Brexit’’ tone. Current levels 19,853pts, 11,568pts, 7,355pts (Bloomberg)
Barratt Developments (BDEV.L), Bovis Homes (BVS.L), Taylor Wimpey (TW.L), Persimmon (PSN.L) - London home owners are showing a “marked reluctance” to sell property, deterred by uncertainty of a looming Brexit process and an increase in tax, according to data from Rightmove. The average asking price of a property in the capital rose 1.4% in January to £624,953 fewer Londoners put their properties up sale. New listings slid 14% y-o-y. Closing prices 516.00p, 840.00p, 172.60p, 1997.00p (Bloomberg)
For more information on any of these individual news items, call into the trading floor
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