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
French Connection (FCCN) – The fashion retailer announced H1 losses of £5.7m, however this is an improvement of 2016’s £7.9m H1 loss.
GlaxoSmithKline (GSK) – Has received approval from the US FDA for Trelegy Ellipta, a once-daily single inhaler that provides a triple dose of drugs to treat chronic obstructive pulmonary disease.
Ocado (OCDO) – The online supermarket has announced Q3 revenue increased by 14.3% YoY while orders rose by 16%.
Reckitt Benckiser (RB.) – The former CEO of toy manufacturer Mattel has been announced as the successor to outgoing Chairman Adrian Bellamy. Christopher Sinclair will take over the role after Reckitt’s 2018 AGM.
(Sources: Company Newswires, Bloomberg, FT, Reuters)
For more information on any of these individual news items, call into the trading floor
Stock | Code | Close | High | Low |
BAE SYSTEMS | BA. | 3.9% | 4.5% | 1.3% |
ESURE GROUP | ESUR | 7.1% | 8.3% | 4.8% |
HISCOX | HSX | -1.4% | 0.7% | -3.8% |
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