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
Acacia Mining (ACA) – Announced yesterday afternoon it has received tax bills from the Tanzanian government totalling $190bn, sending shares another 11.5% lower just before the close for a total fall of 35% since results last Thursday.
Jimmy Choo (CHOO) – Michael Kors has agreed to buy the designer shoe brand for £896m, which represents a share price of 230p, a premium of 18% from yesterday’s close or 36.5% from the date of its sale notice.
Provident Financial (PFG) – Announces H1 pretax profit fell 46% due to disruption from a new operating model, while profit before tax and exceptional items falls 23%.
Rio Tinto (RIO) – The Serious Fraud Office has announced an investigation into a 2011 $10.5m payment to a consultant working in Guinea.
(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 |
| Barclays | BARC | 0.2% | 0.6% | -0.8% |
| Petra Diamonds | PDL | -6.4% | -0.5% | -13.3% |
| Reckitt Benckiser | RB. | -3.3% | 0.1% | -3.6% |
| Ryanair | RYA | -1.4% | -1.1% | -6.0% |
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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