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
Antofagasta (ANTO.L) – FY Revenue $5.97bn down 11.4%, final dividend 86.1c/sh, EBITDA down 30.1% to $2,702.2m, net cash “slightly lower than expected” sees 2014 copper output at about 700,000 tns. Closing Price 847.50p (Bloomberg)
ASOS (ASC.L) – Total sales rose 26%, UK sales +21%, US sales + 41%, EU sales + 57%, RoW + 3%, retail margin down 30bps, to invest £68m in CAPEX this year. Confident of achieving £1bn of sales in FY 2013/14. Closing Price 6326.00p (Bloomberg)
Cairn Energy (CNE.L) – Posts a $556m loss after tax in 2013 after high costs for unsuccessful drilling in Morocco and the North Sea. Costs for unsuccessful exploration rose 34% Y-o-Y to $213m. Closing price 196.50p. (Reuters)
IG Group (IGG.L) – Q3 Revenue £96.7m up 9% Y-o-Y, on track to deliver FY revenue ahead of prior year. Closing Price 630.00p (Bloomberg)
Resolution (RSL.L) – New business up 5%, pretax profit £436m up 59%, to change its name to Friends Life, announces partnership with Schroders (SDR.L) for them to manage £12.2bn, dividend unchanged. Closing Prices 373.10p and 2599.00p respectively (Bloomberg)
Sainsbury (SBRY.L) – Ended a nine-year run of quarterly sales growth, underlining sluggish trading momentum for the country’s major grocers in the early months of 2014. Closing Price 311.40p (Reuters)
For more information on any of these individual news items, call into the trading floor
| Stock | Code | Close | High | Low |
| Vodafone | VOD.L | 2.04% | 2.29% | 0.49% |
| Royal Bank of Scotland | RBS.L | 1.17% | 1.94% | -0.83% |
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