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
WPP (WPP) - Q2 returned to net sales growth for first time since Q1 2017, +0.7%, beating consensus; now expects FY like-for-like net sales, revenue growth similar to 1H. Closing price: 1,276.5p (Source: company newswires)
DS Smith (SMDS) - Trading in line with expectations, input costs recovery helping margins and sales volume grow in all regions; Europac acquisition approval process progressing, completion expected Q4. Will update on plastics review in due course. Closing price: 492.7p (Source: company newswires)
Redrow (RDW) - FY revenue +16% YoY (completions +9%, prices +7%), pre-tax profit +21%, order book (excl. JV) +10%, final dividend +65%. Outlook and market sentiment dependent on clarity over Brexit and future of Help to Buy scheme. Closing price: 556.5p (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 |
| SEVERN TRENT | SVT | -0.6% | 1.3% | -1.0% |
| UNITED UTILITIES | UU/ | -1.6% | 0.6% | -1.9% |
| PENNON | PNN | -0.6% | 1.8% | -0.9% |
| STANDARD LIFE ABERDEEN | SLA | 2.1% | 2.4% | 0.0% |
| VEDANTA RESOURCES | VED | 1.8% | 1.8% | 1.0% |
| WPP | WPP | -0.1% | 0.8% | -0.8% |
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Prepared by Michael van Dulken, Head of Research