Wednesday preview: UK CPI, Berkeley Group Holdings in focus
Investor focus in the middle of the week will be on the cost of living in the UK.
Berkeley Group Holdings (The)
4,314.00p
12:40 25/11/24
FTSE 100
8,283.06
12:40 25/11/24
FTSE 350
4,562.64
12:40 25/11/24
FTSE All-Share
4,517.99
12:40 25/11/24
Household Goods & Home Construction
11,327.34
12:40 25/11/24
At 0700 GMT, the Office for National Statistics is expected to announce that the annual rate of increase in the country's Consumer Price Index slowed from 2.3% in April to 2.0% during the month of May.
Core CPI meanwhile was seen slowing from 3.9% to 3.5%.
Due out alongside was a reading on factory gate inflation covering the same month.
Worth noting, US markets would remain closed in observance of the Juneteenth holiday.
Across the Channel, the Bundesbank was to release its monthly economic bulletin.
On the corporate side of things meantime, Berkeley Group Holdings was to release its results for the 2024 financial year.
The key to the homebuilder's results presentation would lie in its guidance for fiscal year 2025, said Gregor Kuglitsch at UBS.
For FY 2024, the analyst was ahead of consensus, estimating that Berkeley would report profit before tax and exceptionals of £569m (consensus: £550m) with cash due on forward sales pegged at £1.88bn, versus guidance for less than £1.96bn.
He was also anticipating that Berkeley would guide towards FY 2025 profit of £500m.
Wednesday 19 June
INTERIMS
Schroder European Real Estate Investment Trust
INTERIM DIVIDEND PAYMENT DATE
BlackRock Greater Europe Inv Trust, Henderson EuroTrust
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Crude Oil Inventories (US) (15:30)
Current Account (EU) (09:00)
MBA Mortgage Applications (US) (12:00)
FINALS
Berkeley Group Holdings (The), NextEnergy Solar Fund Limited Red, Severfield, Speedy Hire, Young & Co's Brewery 'A' Shares
AGMS
Argentex Group , Baillie Gifford China Growth Trust , Brave Bison Group, Clean Power Hydrogen, Invesco Bond Income Plus Limited NPV, Maintel Holdings, MHP SE GDR (Reg S), Octopus Renewables Infrastructure Trust , RBG Holdings, SDIC Power Holdings Co.,Ltd GDR (Reg S) , Slingsby H.C, Team17 Group, Videndum , Zinnwald Lithium
UK ECONOMIC ANNOUNCEMENTS
Consumer Price Index (07:00)
Producer Price Index (07:00)
Retail Price Index (07:00)
FINAL DIVIDEND PAYMENT DATE
Centamin (DI), Fintel, M. P. Evans Group
FINAL EX-DIVIDEND DATE
TotalEnergies SE