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
HSBC (HSBA) – Q2 pre-tax profit $5.96B beat $5.8B consensus but CT1 ratio 14.2% (-3bp) misses 14.4% est; H1 revenues +4.2%, net interest income +9.6%, costs +6.7% ($407m impairment), adj. pre-tax profits -1.8% (unadj. +4.6%); Q2 10c div unchanged. Appoints Jonathan Symonds as Deputy Group Chairman. Closing price 715.8p (DJ)
easyJet (EZJ) – July passengers +4.5% YoY (rolling 12M +6.2%), load +0.1pt to 96.9% (+1.4pt to 93.6%). Closing price 1459.4p (DJ)
Centrica (CNA) – Made a multi-million pound investment in Israeli start-up which develops software for electric vehicle charging. Closing price 143.50p (Reuters)
IWG (IWG) – Informed Starwood Capital and TDR Capital as well as Terra Firma Capital Partners that it will not continue discussions regarding their possible offers for the firm as it believe the offers undervalue the firm. Closing price 303.90p (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% | 0.8% | -1.0% |
| WILLIAM HILL | WMH | 3.2% | 7.9% | -2.6% |
| PETS AT HOME | PETS | 0.8% | 6.2% | -6.8% |
| COBHAM | COB | 1.4% | 1.8% | -3.7% |
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