Friday preview: US economic data, Bodycote in the spotlight
The focus at the week will be on a slew of top tier economic data releases in the States.
Bodycote
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10:20 25/11/24
FTSE 250
20,648.61
10:25 25/11/24
FTSE 350
4,566.20
10:25 25/11/24
FTSE All-Share
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Industrial Engineering
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10:19 25/11/24
They will include readings for monthly retail sales, industrial production and import prices all covering the month of October, alongside a reading on manufacturing sector conditions in the jurisdiction of the Federal Reserve bank of New York for November.
Across the Channel meanwhile, Eurostat is due to publish a reading for euro area consumer prices for the month of October.
No major economic releases are scheduled in the UK.
Among the UK corporates that are set to update investors at the end of the week is Bodycote.
Morgan Stanley's Robert Davies is forecasting the supplier of heat treatment services and specialist thermal processes will post a 0.9% decline in organic growth for second half 2019 sales due to headwinds in the Automotive and General Industrials segments.
Continued weakness in US shale markets was expected to have exerted a drag on the firm's Energy division.
Strength in Civil Aerospace on the other hand was expected to have been maintained, although a moderation from the "unusually high" rate of growth of 16.0% reached during the first half was anticipated.
Group margins were expected to be "similar" to those seen in the first half.
Friday 15 November
INTERIM DIVIDEND PAYMENT DATE
Cameron Investors Trust , Coats Group, Kerry Group 'A' Shares, Menzies(John), Octopus Titan VCT , Sagicor Financial Corporation Limited (DI), Warpaint London
QUARTERLY PAYMENT DATE
Marsh & Mclennan Cos Inc.
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Balance of Trade (EU) (10:00)
Business Inventories (US) (15:00)
Capacity Utilisation (US) (14:15)
Consumer Price Index (EU) (10:00)
Import and Export Price Indices (US) (13:30)
Industrial Production (US) (14:15)
Retail Sales (US) (13:30)
Q3
Afarak Group (DI)
FINALS
Future
SPECIAL DIVIDEND PAYMENT DATE
Bioventix, Hays
AGMS
Adamas Finance Asia Limited (DI), Berkeley Energia Limited (DI), Kier Group
FINAL DIVIDEND PAYMENT DATE
Bioventix, Dechra Pharmaceuticals, Grit Real Estate Income Group Limited NPV (DI), Hays, Smiths Group, Wilmington