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
BHP Billiton (BLT) – The miner has announced first half underlying profits climbed 25%, its strongest half in 3 years thanks to copper and oil. The miner also saw debt fall by 23%, paving the way for a 37.5% increase to its dividend, beating consensus.
Fidessa (FDSA) – Swiss financial software company Temenos is in advanced talks to acquire Fidessa in a £1.3bn deal, offering 3567p per share in an all-cash deal (21.5% premium to yesterday’s close).
HSBC (HSBA) – While the bank saw both adjusted revenues and adjusted pre-tax profits rise (+5% to $51.5bn and +11% to $20.99bn, respectively), both headline figures missed analysts’ estimates. Management
Intercontinental Hotels Group (IHG) – The hotel chain has announced full year underlying revenues rose 5% while operating profit increased 8%. Key metric revenue per available room (RevPAR) +2.7%, dividend +11%, maintains positive outlook for 2018.
(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 |
| ASTRAZENECA | AZN | 0.0% | 2.1% | -0.2% |
| PETRA DIAMONDS | PDL | 2.4% | 6.9% | -3.0% |
| RECKITT BENCKISER | RB/ | -5.0% | 0.8% | -5.0% |
| SAGA | SAGA | -2.1% | 1.0% | -3.1% |
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