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 PLC (BARC.L) – Reported credit impairment charges increased 13% To £201m in personal banking. It beat trading expectation with revenue rising 8% to £1.46bn for Q1, with equities trading climbing 28%. The CEO intends to returning ‘An Increasing Amount Of Capital’ to shareholders, via annual dividend, and buybacks. Closing price 213.71p (Bloomberg / Reuters)
Taylor Wimpey PLC (TW.L) – Apportioned poor weather conditions in March which had a “noticeable impact” on sales. The company remains on track to meet full year expectations but completions are expected to be more weighted towards H2 than in 2017. Average private sales climbed marginally. The AGM is today. Closing price 193.24p (Bloomberg)
Evraz PLC (EVRA.L) – Announced Q1 coking coal production climbed 6.7% Q1 of 2018 against Q1 of 2017 to 6m tons. Closing price 421.62p (Bloomberg)
Royal Dutch Shell PLC (RDSb.L) - Reported adjusted profit for Q1 2.3% higher than the average analyst estimates of $5.20bn, coming in at $5.32bn. EPS also beat at 64pp share and Q1 cash flow climbed 30% to $9.43bn against $7.28bn in Q4 of 2017. Closing price 2592.20p (Bloomberg)
Meggitt PLC (MGGT.L) – Saw trading over Q1 of 2018 Was Strong, organic revenue growth of 6%. Aerospace revenue climbed 4% Organically, energy rev grew by 40% and military revenue climbed 2%, and the company reaffirms its guidance of 2-4% organic revenue growth for the year. Closing price 461.55p (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
| Stock | Code | Close | High | Low |
| MEGGITT PLC | MGGT | -0.3% | -0.3% | -1.4% |
| LLOYDS BANKING GROUP PLC | LLOY | -0.5% | -0.5% | -2.7% |
| SHIRE PLC | SHP | 3.4% | 7.6% | 0.5% |
| BOOHOO.COM PLC | BOO | -1.3% | 19.0% | 8.1% |
| PERSIMMON PLC | PSN | -1.1% | 0.2% | -2.0% |
| WHITBREAD PLC | WTB | -1.1% | 2.6% | -3.3% |
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