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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
Ferrexpo (FXPO.L) – Says iron ore pellet output rose more than 9% in the Q1, helped by higher production of high grade pellet. Total pellet production was 2.7m tn in the first quarter, up 9.2 % from last year. Investing more than $650m to ramp up production to a run rate of 12m tn of pellets in 2014. Closing Price 155.80p (Reuters)
Sports Direct (SPD.L) – Goldman Sachs has priced its accelerated book build of shares in Sports Direct International at 850p each, a source familiar with the matter said on Monday, valuing the placement at £212.5m ($352.75m). Closing price 893.5p. (Reuters)
Dragon Oil (DGO.L) – Cut its 2014 production growth rate to 10% on Tuesday on the back of delays to its drilling programme in Turkmenistan. Closing Price 570.50p (Reuters)
For more information on any of these individual news items, call into the trading floor
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