Share Prices & Company Research

Market News

15 Nov 2023 | 12:09

Thursday preview: Philly Fed index, Fedspeak and Burberry in focus

(Sharecast News) - Investors' attention on Thursday will be trained on the U.S. where raft of economic indicators were due out.



Key among them would be the Federal Reserve Bank of Philadelphia's regional manufacturing sector index for the month of November, at 1330 GMT.

Also due out were readings for import prices, industrial production and weekly jobless claims.

At least five top officials were slated to take to the podium over the course of the day, starting with the vice chair for supervision Michael Barr, from 1210 GMT.

On the corporate side of things, Burberry will post its first half results on Thursday morning.

At the time of its first quarter results presentation, the luxury fashion outfit left its full-year guidance for low double-digit sales growth.

Its shares had taken a pummeling since April on the back of a sharp slowdown in demand in all its markets - especially in China.

However, it was the decline in its U.S. sales that disappointed most, said Michael Hewson, chief market analyst at CMC Markets UK.

Reports from rivals of sharp slowdowns in luxury spending also appeared to weigh on the entire sector, Hewson added.

Thursday 09 November

INTERIMS

3i Group, Auto Trader Group , Cropper (James), National Grid, Urban Logistics Reit, Wincanton, Wizz Air Holdings

INTERIM DIVIDEND PAYMENT DATE

Octopus AIM VCT 2, Plus500 Ltd (DI)

INTERIM EX-DIVIDEND DATE

Airtel Africa , Anpario, Burford Capital NPV (DI), C&C Group (CDI), Catalyst Media Group, London Security, Sainsbury (J), SThree, Touchstar, Warpaint London

QUARTERLY PAYMENT DATE

BlackRock Latin American Inv Trust

QUARTERLY EX-DIVIDEND DATE

Balanced Commercial Property Trust Limited , BP, Chenavari Toro Income Fund Limited NPV, Greencoat Renewables (CDI), Picton Property Income Ltd, Seplat Energy (DI), The Renewables Infrastructure Group Limited

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Continuing Claims (US) (13:30)

Initial Jobless Claims (US) (13:30)

Q3

Apax Global Alpha Limited , AstraZeneca, Burford Capital NPV (DI), Endeavour Mining, Indivior, Wheaton Precious Metals Corp.NPV (CDI)

FINALS

WH Smith

SPECIAL DIVIDEND PAYMENT DATE

Plus500 Ltd (DI)

SPECIAL EX-DIVIDEND DATE

abrdn Smaller Companies Income Trust, Softcat

EGMS

Fix Price Group Gdr (Each repr 1) (Reg s)

AGMS

Libertine Holdings, Libertine Holdings, Thor Energy , UIL Limited (DI)

TRADING ANNOUNCEMENTS

Domino's Pizza Group, Flutter Entertainment (CDI), Lancashire Holdings Limited, S4 Capital, Taylor Wimpey, Vistry Group

UK ECONOMIC ANNOUNCEMENTS

RICS Housing Market Survey (00:01)

FINAL EX-DIVIDEND DATE

Galliford Try, Genus, NCC Group, Schroder BSC Social Impact Trust, Softcat

Get in touch today
Join Redmayne Bentley
Talk to us now about opening a new portfolio or transferring your portfolio from another provider
0113 243 6941
Get in touch today
Contact your local office
Contact your local office to find out more
The value of your investments and the income from them may go down as well as up, and you could get back less than you invested.