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
Next (NXT) - H1 full price sales +4.5% beats guidance, flattered by hot summer; ups FY19 pre-tax guidance by 1.4%; div +3.8%; Cautious on rest of year; UK volatile, store sales challenging (retail -6.9%; online +16.8%); headwinds not abated. Closing price: 5,124p (Source: Company newswires)
Imperial Brands (IMB) - says FY18 results (6 Nov) will deliver constant currency revenue and earnings in line with guidance range; 3% FX impact; Cost savings ahead. Closing price: 2,609.5p (Source: Company newswires)
Glencore (GLEN) - doubles $1bn buyback (nearly complete) to almost $2bn, and extends to Feb 2019. Closing price: 330p (Source: Company newswires)
SSE (SSE) - backs H1 views, expects recommendation of 97.5p FY19 div; acquires 50% of Seagreen Wind Energy (from Flour) for £118m. Closing price: 1130p (Source: Company newswires)
(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
Stock | Code | Close | High | Low |
SKY | SKY | 9.0% | 9.2% | 8.9% |
RANDGOLD RESOURCES | RRS | 7.6% | 8.0% | 4.1% |
ASTRAZENECA | AZN | 1.4% | 2.2% | 1.1% |
BP | BP/ | 2.6% | 3.5% | 2.4% |
ROYAL DUTCH SHELL | RDSB | 3.1% | 4.0% | 2.4% |
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