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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
Anglo America (AAL.L), Antofagasta (ANTO.L), BHP Billiton (BLT.L), Glencore (GLEN.L), Rio-Tinto (RIO.L), Vedanta (VED.L) - With a falling US Dollar, Copper paced gains among industrial metals as the U.S. president reiterated plans to rebuild infrastructure. Closing prices 1289.50p, 762.00p, 1440.00p, 318.35p, 3450.00p, 995.00p (Reuters)
Bovis Homes (BVS.L), Berkeley Group (BKG.L) - Bovis Homes investor Schroder Investment Management has written to Berkeley Group Holdings Plc, urging the London builder to consider an all-share merger with its smaller rival, the Sunday Times reported. Closing prices 797.00p, 2787.00p (Reuters)
Centamin (CEY.L), Fresnillo (FRES.L), Hochschild Mining (HOC.L), Randgold Resources (RRS.L) – The US Dollar fell as Donald Trump offered little news once again on his plans to boost growth while stirring concerns over protectionism. Gold added to a four-week advance. Closing prices 149.50p, 1402.00p, 225.80p, 6715.00 (Bloomberg)
Essentra (ESNT.L) – As a result of continuing operational issues, there has been a further significant decline in both revenue and profitability during last two months of year. Expects adjusted operating profit to be at, or modestly below, bottom end of company's previously communicated guidance of £137m-£142m. Closing Price 442.70p (Reuters)
Paddy Power Betfair (PPB.L) – Underlying EBITDA in line with guidance despite adverse sports results. Group revenue in FY 2016 was up 18% year on year (+11% in constant currency) to £1,551m. We expect full-year group underlying EBITDA to be around mid-point of previously guided range of £390-405m. Closing Price 8660p (Reuters)
Petra Diamonds (PDL.L) – Production up 24% to 2,015,087 carats. On track to deliver full year production of 4.4 - 4.6 Mcts; Revenue increased 48% to $228.5m with increased sales volumes. Diamonds sold rose 47% for the Period to 1,910,113 carats. In line with past years, H2 is expected to be a stronger sales period, due to the timing of tenders being weighted towards the latter half of Petra's financial year. Closing Price 156.20p (Reuters)
For more information on any of these individual news items, call into the trading floor
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