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
Mothercare (MTC.L) - FY profits up 37% while total UK sales down 0.9%. Admits “Still much to do and trading conditions remain challenging”. Closing Price 224.75p (Reuters)
United Utilities (UU.L) - Posted a 4% rise in profits to £653.3M and increased its annual dividend to 37.7p. Closing Price 1009p (Reuters)
Royal Mail (RMG.L) - Posted an operating profit of £740M up 6% on the previous year helped by cost cutting measures despite tough price competition from competitors. Closing Price 499.90p (Reuters)
National Grid (NG..L) - Reported an 11% rise in annual pre-tax profit, allowing the company to pay shareholders a full-year dividend of 42.87p, up 2% year on year. Made £2.9bn in pre-tax profit, ahead of a company-provided consensus forecast, and saw earnings per share rise 9% to 58p. Closing Price 903.30p (Reuters)
Phoenix IT (PNX.L) - Potential offer by Daisy Group of 160p. Closing Price 129p (Reuters)
Rio Tinto (RIO.L), BHP Billiton (BLT.L) and Glencore (GLEN.L) - Miners in focus on Chinese stimulus hopes after disappointing PMI data. Closing Prices 2867.00p, 1395.50p and 292.50p (Reuters)
For more information on any of these individual news items, call into the trading floor
| Stock | Code | Close | High | Low |
| Thomas Cook | TCG.L | -3.12% | 2.23% | -3.12% |
| Marks & Spencer | MKS.L | -0.34% | 1.96% | -1.62% |
| SSE | SSE.L | -0.88% | 0.00% | -2.06% |
| Vodafone | VOD.L | 5.32% | 5.56% | 2.54% |
| RBS | RBS.L | 1.78% | 2.38% | -0.49% |
| Lloyds | LLOY.L | -0.31% | 0.51% | -0.41% |
| Barclays | BARC.L | 3.37% | 3.60% | -0.27% |
| HSBC | HSBA.L | 1.01% | 1.35% | 0.02% |
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