Thursday preview: UK and euro area PMIs, Jet2 in focus
Investors' attention on Thursday will be on a spate of survey results covering conditions in the manufacturing and services sectors in the UK and euro area during the month of November.
FTSE AIM 100
3,558.75
15:45 22/11/24
FTSE AIM 50
3,972.30
15:45 22/11/24
FTSE AIM All-Share
730.99
15:45 22/11/24
Industrial Transportation
4,572.59
15:45 22/11/24
Jet2
1,505.00p
15:45 22/11/24
At 0930 GMT S&P Global will release its survey findings for the UK with activity in services expected to have shrunk again - albeit only marginally.
Activity in UK factories on the other hand was expected to have continued to decline noticeably.
Surveys for the euro area due out at 0900 GMT were expected to tell a slightly more negative story.
US financial markets would remain closed in observance of Thanksgiving Day.
On the corporate side of things, Jet2 is scheduled to release its first half numbers close on the heels of record profits at rival RyanAir.
Another peer, EasyJet, had also just announced that it had moved back into the black over the preceding six months.
The shares had recovered from their July tumble, when it announced the retirement of its chairman, Philip Meeson, even as it shied away from providing full-year guidance.
Yet the outlook remained "promising", according to Michael Hewson, chief market analysts at CMC Markets UK.
Seat capacity had risen last summer and revenues for the first half were estimated to have reached £4.4bn, against £3.57bn one year before, while pre-tax income was pegged at £613, against £450m the last time around.
Passengers carried were expected to have risen to 11.95m although the load factor was estimated to have fallen from 90.7% to 85.8%.
Thursday 23 November
INTERIMS
XPS Pensions Group, NewRiver REIT, First Property Group, Volex, SIG, FirstGroup, LondonMetric Property, Alpha Financial Markets Consulting, PayPoint, Mitie Group,
Kore Potash
Q3
Princess Private Equity Holding Ltd. (EUR)
AGMs
Pan African Resources, PZ Cussons, DX (Group), Avation, Pacific Horizon Inv Trust, Europa Oil & Gas (Holdings), Abrdn UK Smaller Companies Growth Trust, Rosslyn Data Technologies
FINAL EX-DIVIDEND DATE
Lok'n Store Group, Tristel, Craneware, Volution Group
INTERIM EX-DIVIDEND DATE
Liontrust Asset Management, Palace Capital, Kainos Group, Yu Group, British Land Company, abrdn Asia Focus, Urban Logistics Reit, Babcock International Group, Inspiration Healthcare Group, Octopus Apollo VCT, Tatton Asset Management, RS Group, Castings, National Grid, 3i Infrastructure, Cake Box Holdings, JPMorgan Global Growth & Income, DCC (CDI), Imperial Brands, Scottish Mortgage Inv Trust, Worldwide Healthcare Trust, FRP Advisory Group, Tate & Lyle, Young & Co's Brewery 'A' Shares, Atrato Onsite Energy, Vodafone Group, Witan Inv Trust, Young & Co's Brewery (Non-Voting)
INTERIM DIVIDEND PAYMENT DATE
Me Group International, Invesco Asia Trust, Serica Energy
INTERIM DIVIDEND PAYMENT DATE
Serica Energy, Me Group International, Invesco Asia Trust
SPECIAL EX-DIVIDEND DATE
abrdn Asia Focus
QUARTERLY EX-DIVIDEND DATE
Land Securities Group, BlackRock Sustainable American Income Trust, BlackRock World Mining Trust, HICL Infrastructure, Vaalco Energy, Inc (DI)
QUARTERLY PAYMENT DATE
JPMorgan Asia Growth & Income