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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
Kier Group (KIE.L) – Reports a rise in operating profit from £54.4m to £56.5m this year, a 4% rise in H1 profit and a larger order book of 3%. Is on track to meet its full-year expectations. It expects to receive a cash payment with a joint venture with CKH Developments Ltd of up to £64m. Closing price 1453.00p (Reuters)
Next PLC (NXT.L) – Reports its full year pretax profit marginally missed estimates, as £790m is generated against £791m. It remains “extremely cautious” about the outlook for current year, dropping its guidance by as much as 13% to £680-£780m due to shift in spending away from clothing, price inflation from a drop in Sterling and potentially weaker consumer spending. Closing price 3885.00p (Reuters)
For more information on any of these individual news items, call into the trading floor
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