Getting latest data loading
Home / Movers & Shakers / Movers & Shakers

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Movers & Shakers - 11 July 2018

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

Anglo American (AAL.L), BHP Billiton (BLT.L), Glencore (GLEN.L), Kaz Minerals (KAZ.L), Rio-Tinto PLC (RIO.L), Vedanta Resources (VED.L) –  Chinese markets suffered as Asian stocks fell due to U.S. threats of further tariffs on an additional $200bn worth of Chinese goods, moving the US and China towards a full-scale trade war. China vowed to retaliate to any additional tariffs. Closing prices 1731.50p, 1711.60p, 327.58p, 845.10p, 4148.20p, 827.80p (Dow Jones Newswires)

Sky (SKY.L) – 21st Century Fox increases bid to £14 per share, an increase of 12% to Comcast’s latest offer and a 30.2% increase on 21CF’s original offer. Closing price 1500p. (Reuters)

Burberry (BRBY.L) – Sees continued progress executing their plan with comparable sales climbing +3% which was in line with forecasts. Closing price 2101.00p (Dow Jones Newswire)

Barratt Developments (BDEV.L) – Expects pre-tax profit to increase +9.1% to £835m in 2018 compared with £765.1m previously, it also beat forecasts of £811m and said year-end net cash was ahead of expectations. Total completions were 17,579, which it said represents the highest figure in ten years. The average selling price of its houses on completion rose by around 5% to £289,000. Closing price 482.90p (Dow Jones Newswires)

(Sources: Company newswires, Bloomberg, CNBC, FT, Reuters, Wall Street Journal)


 

For more information on any of these individual news items, call into the trading floor

Prior day's Movers & Shakers:

Stock Code Close High Low
SKY SKY 2.2% 2.5% 0.5%
OCADO OCDO 9.0% 9.6% -7.5%
SOFTCAT SCT 7.0% 8.7% 4.9%
TP ICAP TCAP -35.9% -23.4% -36.9%
KIER KIE 4.2% 4.8% -1.2%
Back to Top

This research is produced by Accendo Markets Limited. Research produced and disseminated by Accendo Markets is classified as non-independent research, and is therefore a marketing communication. This investment research has not been prepared in accordance with legal requirements designed to promote its independence and it is not subject to the prohibition on dealing ahead of the dissemination of investment research. This research does not constitute a personal recommendation or offer to enter into a transaction or an investment, and is produced and distributed for information purposes only.


Accendo Markets considers opinions and information contained within the research to be valid when published, and gives no warranty as to the investments referred to in this material. The income from the investments referred to may go down as well as up, and investors may realise losses on investments. The past performance of a particular investment is not necessarily a guide to its future performance.

Prepared by Michael van Dulken, Head of Research
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.
.