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
Evraz (EVR.L) – Swung to a first-half net profit of $1m ($98m expected) after a year ago loss of $146m due to asset optimisation and cost efficiency gains, Revenue fell 7% to $6.8b, while EBITDA rose 17% to $1.1bn. Closing Price 113.90p (Reuters)
Foxtons (FOXT.L) – To pay a special dividend after reporting £24.9m core earnings (a 29% rise) due to higher sales and mortgage volumes. Expects to see a slowdown in the rapid rate of transactions in H2, due to government measures aimed at controlling mortgage lending. Closing Price 294.30p (Reuters)
Glencore (GLEN.L) & BHP Billiton (BLT.L) – The commodity trader and miner and Chinese nickel producer Jinchuan Group are the front runners to buy BHP Billiton's Australian Nickel West division, a source close to the situation said. Closing prices 363.25p, 1943.50p respectively (Reuters)
Royal Bank of Scotland (RBS.L) – Britain's financial regulator said on Wednesday that it had fined Royal Bank of Scotland and its NatWest division £14.5m for failings in the way it sold mortgage to customers. Closing Price 365.70p (Reuters)
888 Holdings (888.L) – Richard Kilsby intends to retire as non- executive chairman of board following company's 2015 AGM. Revenue up 13% to $225.1m, EBITA $49m, H1 interim dividend 3.5cents/shr. Closing Price 130.50p (Reuters)
For more information on any of these individual news items, call into the trading floor
| Stock | Code | Close | High | Low |
| Antofagasta | ANTO.L | -1.18% | -0.12% | -4.02% |
| Petrofac | PFC.L | -0.27% | 1.15% | -3.55% |
| WPP | WPP.L | 1.39% | 3.42% | 1.06% |
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