Friday preview: UK data, Ashmore in the spotlight
Financial markets' focus at the end of the week will shift back to the UK, where investors will be eyeing the release of a raft of economic data, alongside the ongoing Brexit talks with Brussels.
Ashmore Group
170.30p
15:45 22/11/24
Financial Services
17,214.20
15:44 22/11/24
FTSE 250
20,584.46
15:45 22/11/24
FTSE 350
4,551.10
15:45 22/11/24
FTSE All-Share
4,506.61
15:45 22/11/24
At 0700 BST, the Office for National Statistics is due to release a barrage of readings covering foreign trade, gross domestic product, industrial production and services all for the month of July.
Across the Pond and over in Europe meanwhile, the spotlight will be on the latest readings for consumer prices Stateside and in Germany and Spain.
On the corporate side of things, UBS's Michael Werner has penciled-in a 6.7% rise in full-year net revenues to £335m for Ashmore, putting him 1% ahead of consensus.
For the fund manager's bottom line, the analyst was expecting earnings before interest, taxes, depreciation and amortisation of £216m, or 7.2% more than a year earlier.
Earnings per share meanwhile were pegged at 26.7p for a 6.8% rise on the year or 3.2% above consensus.
Above all, the analyst expected investor attention to be on any commentary that the firm might provide around the strength or weakness of flows since the end of June.
Friday 11 September
INTERIMS
Hurricane Energy
INTERIM DIVIDEND PAYMENT DATE
Baronsmead Second Venture Trust, Baronsmead Venture Trust, Berkeley Group Holdings (The), Chemring Group, Lancashire Holdings Limited, LMS Capital, Moneysupermarket.com Group, NMCN, Quartix Holdings , Smurfit Kappa Group, Spirent Communications
QUARTERLY PAYMENT DATE
Real Estate Credit Investments Ltd
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Consumer Price Index (GER) (07:00)
Consumer Price Index (US) (13:30)
FINALS
Ashmore Group, Fletcher King
SPECIAL DIVIDEND PAYMENT DATE
Artemis VCT, Quartix Holdings
AGMS
Argentex Group , NextEnergy Solar Fund Limited Red, SVM UK Emerging Fund
UK ECONOMIC ANNOUNCEMENTS
Balance of Trade (07:00)
Gross Domestic Product (07:00)
Index of Services (07:00)
Industrial Production (07:00)
Manufacturing Production (07:00)
FINAL DIVIDEND PAYMENT DATE
Aberdeen New Dawn Investment Trust, Ashtead Group, CMC Markets, Severfield