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
BT Group PLC (BT.A) – Ofcom fined BT Group PLC £42m over contract and regulatory breaches by its infrastructure business Openreach. Ofcom found Openreach inadequately applied a process allowing it to halt the installation and reschedule delivery date of some services to its customers between 2013 and 2016. Closing price 325.65p (Bloomberg)
Centamin PLC (CEY.L), Fresnillo (FRES.L), Hochschild Mining (HOC.L), Lonmin (LMI.L), Randgold Resources (RRS.L) – Dollar weakness in the wake of the GOP’s healthcare-reform failure has seen spot-gold prices hit 1-month highs in Asia trading. It has reached $1,258.08/troy ounce, a level last seen at the end of February. Closing prices 174.60p, 1545.00p, 272.10p, 7160.00p (Dow Jones Newswire)
Anglo American (AAL.L), Rio-Tinto (RIO.L), BHP Billiton (BLT.L) – The price of Iron ore is sinking fast. This year’s once impressive gains in the futures markets have evaporated as steel tumbles in China, hurting mills’ profitability, and investors weigh indications of abundant supplies with yet another rise in unprecedented holdings at ports. Closing prices 1252.50p, 3257.50p, 1245.00p (Bloomberg)
For more information on any of these individual news items, call into the trading floor
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