Thursday preview: US CPI, Jet2 in the spotlight
The market spotlight on Thursday will be on the US consumer price report for the month of June.
FTSE AIM 100
3,520.34
16:49 18/11/24
FTSE AIM 50
3,943.91
16:49 18/11/24
FTSE AIM All-Share
727.55
16:50 18/11/24
Industrial Transportation
4,486.57
17:09 18/11/24
Jet2
1,501.00p
16:45 18/11/24
Consensus is for the annual rate of increase in headline CPI to have slipped from 3.3% for May to 3.1% in June.
Core CPI on the other hand is seen unchanged at 3.4%.
On home shores meanwhile, at 0600 BST the Office for National Statistics will publish gross domestic product figures for May.
They will be followed at 0830 by the Bank of England's Credit Conditions survey for the second quarter.
Also due out before the market open in London is a reading on German consumer prices in June.
On the company side of things, Jet2 is due to release its fiscal 2024 results.
UBS analyst Jarrod Castle anticipates full-year revenues will reach about £6.5bn (consensus: £6.3bn), for a rise in earnings before interest and taxes from £394m one year before to £435m.
In a recent update, the airline guided towards full-year profit before tax, before foreign exchange movements, of £515-520m.
However, investors' focus would be on the outlook for the summer and guidance for the following year, he said.
Thursday 11 July
INTERIM EX-DIVIDEND DATE
Heavitree Brewery, Heavitree Brewery 'A' Shares, Kitwave Group, Schroder UK Mid Cap Fund, Shoe Zone, The Character Group, Unicorn AIM VCT , WH Smith
QUARTERLY PAYMENT DATE
GSK
QUARTERLY EX-DIVIDEND DATE
BlackRock Latin American Inv Trust, Custodian Property Income Reit, I3 Energy , JPMorgan Asia Growth & Income, JPMorgan Japan Small Cap Growth & Income, Middlefield Canadian Income PCC, Real Estate Investors, Supermarket Income Reit
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Consumer Price Index (GER) (07:00)
Consumer Price Index (US) (13:30)
Continuing Claims (US) (13:30)
Initial Jobless Claims (US) (13:30)
GMS
Nostrum Oil & Gas
FINALS
Ilika, Jet2, Twentyfour Income Fund Limited Ord Red
ANNUAL REPORT
Twentyfour Income Fund Limited Ord Red
SPECIAL DIVIDEND PAYMENT DATE
Plus500 Ltd (DI)
SPECIAL EX-DIVIDEND DATE
Record
AGMS
Angle, BT Group, Bytes Technology Group , DCC (CDI), Dr. Martens , Land Securities Group, Pets at Home Group , RS Group, Severn Trent, Value and Indexed Property Income Trust
TRADING ANNOUNCEMENTS
Hays, Wood Group (John)
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)
RICS Housing Market Survey (00:01)
FINAL DIVIDEND PAYMENT DATE
Centrica, Good Energy Group, Plus500 Ltd (DI), Scottish Mortgage Inv Trust
FINAL EX-DIVIDEND DATE
Anpario, Atalaya Mining, Caffyns, Cake Box Holdings, CMC Markets, Halma, Marks Electrical Group, Mountview Estates, MS International, Oxford Instruments, Record, Sanderson Design Group, The Global Smaller Companies Trust