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Pin to quick picksM&G Share News (MNG)

Share Price Information for M&G (MNG)

London Stock Exchange
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Share Price: 199.35
Bid: 199.30
Ask: 199.40
Change: 1.45 (0.73%)
Spread: 0.10 (0.05%)
Open: 199.45
High: 199.75
Low: 197.90
Prev. Close: 197.90
MNG Live PriceLast checked at -

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Thursday preview: Bank of Engand, M&G in focus

Wed, 20th Mar 2024 16:04

(Sharecast News) - Investors' focus on Thursday will be firmly on the Bank of England's interest rate decision.

Bank Rate is widely expected to be held at 5.25%, but following weaker-than-expected inflation data published the day before, policymakers are expected to parti

Against that backdrop, consultancy S&P will publish the results of its manufacturing and services purchasing managers' surveys for the month of March in the UK, euro area and U.S..

A raft of other economic reports are set for release in the States.

They include the Philly Fed's regional factory index for the month of March, together with readings for weekly jobless claims and existing home sales.

Central banks in Norway and Switzerland will also announce their latest rate decisions with rates expected to remain on hold at 4.50% and 1.75%, respectively.

On the corporate side of things, M&G is due to post its 2023 results.

Consensus is that the investment manager will post full-year revenues of £996m for a total adjusted operating profit of £750m, although Nasib Ahmed at UBS has penciled-in £770m.

Ahmed is also anticipating an update out of the firm's management on potential tailwinds from the outperformance of its wholesale EU asset management funds.

The analyst expects that M&G will roll over its cumulative organic capital generation target of £2.5bn to 2024-26, whereas consensus has penciled in an OCG target of £2.8bn.

Thursday 21 March

TRADING ANNOUNCEMENTS

C&C Group (CDI)

INTERIMS

Regtech Open Project

INTERIM EX-DIVIDEND DATE

Beazley, Craneware, Fonix Mobile , Hargreaves Services, London Finance & Investment Group, NWF Group, Thorpe (F.W.), Tristel

QUARTERLY EX-DIVIDEND DATE

Abrdn Private Equity Opportunities Trust, British American Tobacco

FINALS

Aptitude Software Group , Aptitude Software Group , Aquis Exchange , Centamin (DI), Direct Line Insurance Group, Dowlais Group, Energean , Gulf Keystone Petroleum Ltd Com Shs (DI), Hostelworld Group , Ithaca Energy, Judges Scientific, M&G, National World , Next, Tribal Group

SPECIAL EX-DIVIDEND DATE

Primorus Investments

FINAL EX-DIVIDEND DATE

AIB Group (CDI), BlackRock World Mining Trust, Chemring Group, CLS Holdings, Conduit Holdings Limited Com Shs (DI), Crest Nicholson Holdings, DFI Retail Group Holdings Limited (Bermuda Regd), DFI Retail Group Holdings Limited (Jersey Reg), DFI Retail Group Holdings Limited (Sing.Reg), Glanbia (CDI), Globaldata, HGCapital Trust, Hikma Pharmaceuticals, Hongkong Land Holding Ltd. (Bermuda), Hongkong Land Holding Ltd. (Jersey), Hongkong Land Holding Ltd. (Sing.Reg), Jardine Matheson Holdings Ltd (Singapore Reg), Jardine Matheson Holdings Ltd. (Bermuda), Jardine Matheson Holdings Ltd. (Jersey), Mandarin Oriental International (Bermuda), Mandarin Oriental International (Jersey), Mandarin Oriental International (Singapore), Maven Income & Growth 3 VCT, Maven Income and Growth VCT 5, MTI Wireless Edge Ltd., Nichols, Oakley Capital Investments Ltd. (DI), Pearson, Schroders

EGMS

Dish TV India Limited GDR (Each Repr One Shr)

AGMS

Athelney Trust, Banco Santander S.A., Hyundai Motor Company GDR (Reg S), Jyske Bank A/S , Pressure Technologies, Pressure Technologies

UK ECONOMIC ANNOUNCEMENTS

BoE Interest Rate Decision (12:00)

Public Sector Net Borrowing (07:00)

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Continuing Claims (US) (12:30)

Current Account (EU) (09:00)

Current Account (US) (12:30)

Existing Home Sales (US) (14:00)

IFO Business Climate (GER) (09:00)

IFO Current Assessment (GER) (09:00)

IFO Expectations (GER) (09:00)

Initial Jobless Claims (US) (12:30)

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LONDON BROKER RATINGS: JPMorgan raises M&S; HSBC likes Kingfisher

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*

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28 Mar 2024 16:08

London close: Stocks finish firmer ahead of Easter break

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LONDON BROKER RATINGS: Dr Martens cut to 'sell'; BofA likes Tullow

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London close: Stocks rise as BoE keeps rates on hold

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TOP NEWS: M&G sees 28% jump in annual profit after cost reductions

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21 Mar 2024 07:52

LONDON BRIEFING: Stocks called up thanks to New York rally

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M&G beats profit forecasts with 28% profit growth

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TOP NEWS: Prudential earnings rise in 2023 as policy sales rebound

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14 Mar 2024 15:06

UK earnings, trading statements calendar - next 7 days

Friday 15 March 
Berkeley Group Holdings PLCTrading Statement
Volution Group PLCHalf Year Results
Monday 18 March 
Marshalls PLCFull Year Results
Seeing Machines LtdHalf Year Results
Serinus Energy PLCFull Year Results
SigmaRoc PLCFull Year Results
Team Internet Group PLCFull Year Results
Tuesday 19 March 
Atalaya Mining PLCFull Year Results
Close Brothers Group PLCHalf Year Results
DFS Furniture PLCHalf Year Results
Eagle Eye Solutions Group PLCHalf Year Results
Essentra PLCFull Year Results
Fintel PLCFull Year Results
Litigation Capital Management LtdHalf Year Results
Midwich Group PLCFull Year Results
Mpac Group PLCFull Year Results
MP Evans Group PLCFull Year Results
Pebble Group PLCFull Year Results
Personal Group Holdings PLCFull Year Results
Sabre Insurance Group PLCFull Year Results
Staffline Group PLCFull Year Results
Tissue Regenix Group PLCFull Year Results
Trustpilot Group PLCFull Year Results
Yu Group PLCFull Year Results
Zotefoams PLCFull Year Results
Wednesday 20 March 
Computacenter PLCFull Year Results
EKF Diagnostics Holdings PLCFull Year Results
Eurocell PLCFull Year Results
FDM Group PLCFull Year Results
Investec PLCTrading Statement
Kenmare Resources PLCFull Year Results
Prudential PLCFull Year Results
VietNam Holding LtdHalf Year Results
Thursday 21 March 
Aptitude Software Group PLCFull Year Results
Aquis Stock Exchange PLCFull Year Results
Centamin PLCFull Year Results
Direct Line Insurance Group PLCFull Year Results
Dowlais Group PLCFull Year Results
Energean PLCFull Year Results
Gulf Keystone Petroleum LtdFull Year Results
Hostelworld Group PLCFull Year Results
Ithaca Energy PLCFull Year Results
M&G PLCFull Year Results
National World PLCFull Year Results
Next PLCFull Year Results
Secure Trust Bank PLCFull Year Results
Tribal Group PLCFull Year Results
  
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