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
Interserve PLC (IRV.L) –Said financial performance was "extremely poor" in 2017, reporting a wider full-year pretax loss of £244.4m compared with only a £94.1m loss a year earlier. Closing price 107.67p (Reuters)
WPP PLC (WPP.L) – After seeking to allay investor unease about breakup of agencies and the departure of Martin Sorrell, Q1 like for like sales dropped by 0.1%, however this was better than expected against analysts’ expectations of a 1% drop in sales. Its Executive Chairman said Q1 results were “in line with our expectations.” Closing price 1150.10p (Bloomberg / Reuters)
Sainsbury PLC (SBRY.L) - And Walmart agree to a proposed combination of Sainsbury’s & Asda to create an enlarged business. The merger will see Walmart holding 42% of the combined business and will receive £2.98bn for Asda, valuing it at approximately £7.3bn on a debt-free, cash-free and pension-free basis. Walmart will not hold more than 29.9% of the total voting rights in the Combined Business. Closing price 269.87p (Bloomberg)
(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 |
| ROYAL BANK OF SCOTLAND | RBS | -0.3% | 0.0% | -3.3% |
| COMPUTACENTER | CCC | -0.2% | 3.4% | 0.0% |
| MERLIN ENTERTAINMENT | MERL | 1.4% | 7.1% | -0.1% |
| TRAVIS PERKINS | TPK | -0.5% | 1.9% | -2.7% |
| KAZ MINERALS | KAZ | 1.1% | 1.3% | -1.7% |
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