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
Barclays (BARC.L), Lloyds (LLOY.L), Royal Bank of Scotland (RBS.L) - Uncommon dissent in the ranks of the Fed’s primary dealers over the central bank’s interest-rate decision this week. Barclays and BNP Paribas are betting against their peers and the bond market forecasting officials will raise rates Wednesday. No more than one dealer has gone against the consensus during the week of a policy meeting since last September. Closing prices 167.00p, 57.00p, 185.90p (Bloomberg)
Pennon (PNN.L) – Reported £100m of earnings in 2016-2017, saying it’s on track to Meet Forecasts, earnings driven by Energy Recovery Facilities which are on track to meet forecasts and water facilities significantly outperforming regulatory contract. Closing price 889.00p (Bloomberg)
Kingfisher (KGF.L) - Beat forecasts with a 13.5% rise in H1 profit of £436m in the six months to July 31 versus analysts' average forecast of £430m and £384m in the previous year, driven by a strong performance in Britain and Poland. Total sales rose 2.7% to £5.75bn. Closing price 376.70p (Reuters / Bloomberg)
For more information on any of these individual news items, call into the trading floor
This research is produced by Accendo Markets Limited. Research produced and disseminated by Accendo Markets is classified as non-independent research, and is therefore a marketing communication. This investment research has not been prepared in accordance with legal requirements designed to promote its independence and it is not subject to the prohibition on dealing ahead of the dissemination of investment research. This research does not constitute a personal recommendation or offer to enter into a transaction or an investment, and is produced and distributed for information purposes only.
Accendo Markets considers opinions and information contained within the research to be valid when published, and gives no warranty as to the investments referred to in this material. The income from the investments referred to may go down as well as up, and investors may realise losses on investments. The past performance of a particular investment is not necessarily a guide to its future performance. Prepared by Michael van Dulken, Head of Research