Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksM&G Share News (MNG)

Share Price Information for M&G (MNG)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 207.10
Bid: 206.20
Ask: 206.40
Change: 0.90 (0.44%)
Spread: 0.20 (0.097%)
Open: 206.10
High: 207.20
Low: 203.70
Prev. Close: 206.20
MNG Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

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)

More News
13 Aug 2021 19:17

IN BRIEF: M&G boss John Foley buys GBP112,000 in shares

IN BRIEF: M&G boss John Foley buys GBP112,000 in shares

Read more
13 Aug 2021 14:45

EXECUTIVE CHANGES: Insig AI executive chair and Palace Capital CFO out

EXECUTIVE CHANGES: Insig AI executive chair and Palace Capital CFO out

Read more
12 Aug 2021 16:04

UK dividends calendar - next 7 days

UK dividends calendar - next 7 days

Read more
11 Aug 2021 09:50

LONDON BROKER RATINGS: Liberum raises IAG; Berenberg downgrades M&G

LONDON BROKER RATINGS: Liberum raises IAG; Berenberg downgrades M&G

Read more
11 Aug 2021 08:17

LONDON BRIEFING: Avast results strong ahead of NortonLifeLock merger

LONDON BRIEFING: Avast results strong ahead of NortonLifeLock merger

Read more
10 Aug 2021 12:19

LONDON MARKET MIDDAY: Stocks mixed as investors eye US inflation

LONDON MARKET MIDDAY: Stocks mixed as investors eye US inflation

Read more
10 Aug 2021 09:08

TOP NEWS: M&G assets under management miss consensus, profit slides

TOP NEWS: M&G assets under management miss consensus, profit slides

Read more
10 Aug 2021 09:07

LONDON MARKET OPEN: Flutter Entertainment shines on strong first half

LONDON MARKET OPEN: Flutter Entertainment shines on strong first half

Read more
10 Aug 2021 08:00

M&G swings to loss as value fluctuations hit profitability

(Sharecast News) - Investment manager M&G reported a 6% improvement in its first-half adjusted operating profit before tax on Tuesday, at £327m.

Read more
3 Aug 2021 16:11

UK earnings, trading statements calendar - next 7 days

UK earnings, trading statements calendar - next 7 days

Read more
21 Jul 2021 11:56

Wednesday broker round-up

(Sharecast News) - Morgan Advanced Materials: Liberum starts at 'buy' with 470.0p target price.

Read more
21 Jul 2021 09:45

BROKER RATINGS: Compass gets upgrade while Avast cut to Neutral

BROKER RATINGS: Compass gets upgrade while Avast cut to Neutral

Read more
12 Jul 2021 10:06

BROKER RATINGS: Morgan Stanley cuts Wizz Air but upgrades easyJet

BROKER RATINGS: Morgan Stanley cuts Wizz Air but upgrades easyJet

Read more
28 Jun 2021 12:19

LONDON MARKET MIDDAY: Stocks slide; UK roadmap announcement ahead

LONDON MARKET MIDDAY: Stocks slide; UK roadmap announcement ahead

Read more
28 Jun 2021 09:58

HSBC downgrades M and G and St.James's Place after sharp share price gains

(Sharecast News) - Analysts at HSBC downgraded their recommendation for shares of M&G and St.James's Place from 'buy' to 'hold'.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.