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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
Barratt Developments (BDEV.L), Bovis Homes (BVS.L), Bellway (BWY.L), Persimmon (PSN.L), Taylor Wimpey (TW.L) - According to Nationwide, U.K. House prices for August and July beat expectations, with U.K house prices rising 5.6% year on year against an estimated 4.8%, with a July rise also of 5.2% y/y. Watch out for House price index today. Closing prices 491.90p, 882.50p, 2318.00p, 1833.00p, 160.60p, (Bloomberg)
Sainsburys (SBRY.L) Tesco (TSCO.L) Morrisons (MRW.L) Marks & Spencer (MKS.L) - British consumer morale in August recovered some of its post-Brexit slump, a survey showed on Wednesday, a latest sign that consumers are adjusting to the decision to leave the European Union. Closing Prices 242.80p, 163.30p, 197.30p, 341.00p (Reuters)
HSS Hire Group (HSS.L) - H1 revenue increased 13% to £166.2m versus £146.4m a year ago, with the interim dividends maintained at 0.57pp share with capital expenditure to be lowered to between £40-£45m. Closing price 85.00p (Reuters)
BP (BP.L), Royal Dutch Shell (RDSb.L), Tullow Oil (TLW.L), Premier Oil (PMO.L) – Oil has dipped further due to a stronger dollar which has held around three-week highs, as well as a rise in U.S crude stocks data. Closing Prices 433.53, 1975.43, 228.11, 72.50p (Reuters)
888 Holdings PLC (888.l), Ladbrokes (LAD.L) – 888, announced H1 pretax profit rise of 39%, with revenue up 19%.
Says that Q3 trading has started well and remains confident of delivering against expectations for the full year. Ladbrokes
announced that Coral’s current trading is positive, with Q3 net revenue up 10%. Closing Prices 215.00p, 158.40p (Reuters)
For more information on any of these individual news items, call into the trading floor
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