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
JD Sports Fashion PLC (JD.L) - Reported a 2.5% rise in full year revenue that beat the highest analyst estimate of £3.08bn, pre-tax profit also beat the top analyst estimate of £307m and earnings were also higher by 3.5% above the top of the anticipated range. Closing price 354.68p (Bloomberg)
Associated British Foods PLC (ABF.L) – Reported revenue for H1 that was -1.9% below the average analyst estimate of £7.56bn, coming in at £7.42bn. Its fashion business Primark which was strong was offset by lower sugar revenues. Closing price 2593.60p (Bloomberg)
AA PLC (AA.L) - Posted a 3% drop in core profit. Earnings for the year ending Jan 31, 2018, were £391m, in line with a company-supplied consensus forecast towards the lower end. However it lowered its dividend to 5pp share, down 46% in line with previous guidance. Closing price 114.18p (Reuters)
BP PLC (BP.L), Royal Dutch Shell PLC (RDSb.L), Tullow Oil PLC (TLW.L) - Oil prices climb on high risk to disruption in supply. Oil markets were receiving general support due to a sense that there were high risks of supply disruptions, including a potential spread in conflict in the Middle East, renewed U.S. sanctions against Iran, falling output due to political and economic crisis in Venezuela. Closing prices 498.00p, 2413.90p, 217.04p (Reuters)
(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
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