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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
UK 100 ( UK 100 Cash, The Dow Jones (Wall Street Cash), De DAX (Germany 30 Cash) – Sterling dropped 0.6% after a poll showed the Conservative party lead narrowed after the Manchester attack and economic growth slowed 0.2%. Investors in Asia sold the pound after the U.K.’s Q1 economic growth missed estimates, with sell stop-loss orders being triggered. Current levels 7516.3pts, 21,066pts, 12,598pts (Bloomberg)
Anglo American (AAL.L), Antofagasta (ANTO.L), BHP Billiton (BLT.L), Glencore (GLEN.L), KAZ Minerals (KAZ.L) – Copper neared its highest price in three weeks, supported by supply concerns, after news of further disruption at Indonesia’s Grasberg, one of world’s biggest copper mines. Mining and milling rates at Grasberg in Indonesia have been affected by an extended strike, and 4,000 absentee workers were deemed to have resigned. Closing prices 1057.50p, 825.50p, 1209.50p, 291.40p, 496.80p (Reuters)
Intertek Group Plc (ITRK.L) – Shows its four month revenue climbed to £883.5m, up 14.2% from January to April 2017. Net guidance remains the same, but expectations for trading conditions to remain challenging. Closing price 4314.00p (Bloomberg / Reuters)
For more information on any of these individual news items, call into the trading floor
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