Wednesday preview: Global PMIs, EasyJet in focus
The market spotlight on Wednesday was expected to be on preliminary results for a raft of closely-followed economic surveys on either side of the Atlantic.
easyJet
526.60p
14:30 05/11/24
FTSE 250
20,433.03
14:30 05/11/24
FTSE 350
4,496.24
14:30 05/11/24
FTSE All-Share
4,453.89
14:30 05/11/24
Travel & Leisure
8,144.54
14:30 05/11/24
First out would S&P Global's euro area factory and services purchasing managers' indices for the month of January at 0900 GMT.
They would be followed at 0930 GMT by the same consultancy's comparable surveys for the UK.
Comparable surveys for the U.S. were also scheduled for release at 1445 GMT.
On the corporate side of things, EasyJet was scheduled to release its first quarter numbers.
Despite the carrier's optimism regarding the outlook for 2024, events in the Middle East had led management to a "modest reappraisal" of the outlook for the first half of the year, said Michael Hewson, chief market analyst at CMC Markets UK.
As well, the company's earnings tended to be weighted towards the back half of the year, the analyst noted.
Wednesday 24 January
INTERIMS
Hargreaves Services, Van Elle Holdings
INTERIM DIVIDEND PAYMENT DATE
Baltic Classifieds Group, Discoverie Group, Pharos Energy
QUARTERLY PAYMENT DATE
Alpha Real Trust Ltd.
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Crude Oil Inventories (US) (15:30)
MBA Mortgage Applications (US) (12:00)
AGMS
Botswana Diamonds, Henderson Far East Income Ltd., Lowland Investment Co, Pantheon Resources, Tracsis
TRADING ANNOUNCEMENTS
Computacenter, easyJet, Lords Group Trading, Palace Capital , PensionBee Group , Quilter