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
Connect Group PLC (CNCTC.L) – Issues a warning on profit, reducing its expectations for the year for profit due to a material fall in volume and increased cost, with overall performance since its interim results has been seen as “extremely disappointing,”. It also significantly reduced its dividend from the payment in 2017. The CEO and CFO will also step down. Closing price 52.00p (Bloomberg)
Just Eat PLC (JE.L) – Market rival Deliveroo will allow restaurants to use their own riders for orders placed through its takeaway food app, increasing available outlets by 50% and ramping up competition with Just Eat. Closing price 850.9p (Reuters)
Dixons Carphone PLC (DC.L) – there has been an Investigation launched Into an unauthorized data access. Approximately 105,000 Non-eu Issued Payment cards which do not have Chip and Pin protection have been compromised. The investigation is ongoing Indicating that there was an attempt to compromise 5.9m cards in one of processing Systems. Closing price 198.65p (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 |
| BOOHOO.COM | BOO | -1.0% | 3.1% | -6.3% |
| BELLWAY | BWY | -3.6% | 0.7% | -3.7% |
| CREST NICHOLSON | CRST | -4.1% | -2.5% | -7.5% |
| BRITISH AMERICAN TOBACCO | BATS | -1.8% | 1.9% | -1.8% |
| VEDANTA RESOURCES | VED | 2.0% | 3.1% | 1.0% |
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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