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
Rio Tinto (RIO) – Brokers Macquarie and RBC suggest Rio Tinto investors will want some of the proceeds of its $3.5bn Grasberg stake sale earmarked for capital returns and ask when/what it will buy next. The sale of some coal and aluminium businesses combined will be worth $8.5bn. Closing price 4023.00p (Dow Jones Newswire)
Workspace (WKP) – CEO said it sees “continued strong customer demand”. Exploring acquisition opportunities. Q1 average monthly enquiries -8.1% QoQ (-3.2% YoY) and lettings -4.3% (-7.4% YoY). Closing price 1079.00p (Bloomberg)
Ashmore (ASHM) – Q2 AUM -$2.6bn (-3%) with $2.6bn net inflows overshadowed by $5.2bn investment declines. Closing price 351.80p (Bloomberg)
Hays (HAS) – Q4 net fees +15% like-for-like; expects full-year operating profit marginally ahead of market expectations. Closing price 190.70p (Bloomberg)
DCC (DCC) – Group reiterated profit guidance for 2019, Q1 profit for 2018 was in line with expectations, well ahead of the previous year, profits weighted towards H2 of financial year. Stampede and Kondor acquisitions is £110m. DCC expecting to generate a return of 15%. Closing price 6915.00p (Reuters)
(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
| Stock | Code | Close | High | Low |
| SKY | SKY | 3.4% | 3.6% | 1.7% |
| CAPITA | CPI | 4.9% | 7.9% | 0.8% |
| ASOS | ASC | -10.5% | -4.9% | -11.8% |
| DUNELM | DNLM | 0.2% | 0.3% | -4.9% |
| COMPUTACENTER | CCC | 5.0% | 5.9% | 1.3% |
| DART | DTG | 35.1% | 39.2% | 10.6% |
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Prepared by Michael van Dulken, Head of Research