Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. 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: 205.50
Bid: 205.80
Ask: 205.90
Change: -0.90 (-0.44%)
Spread: 0.10 (0.049%)
Open: 206.80
High: 206.80
Low: 205.30
Prev. Close: 206.40
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
24 Feb 2023 16:53

LONDON MARKET CLOSE: Stocks fall after key US inflation gauge picks up

(Alliance News) - Stocks in London closed in the red on Friday after a closely-watch gauge of US inflation accelerated in January, keeping pressure on the US Federal Reserve to maintain a hawkish stance on interest rates.

Read more
15 Feb 2023 09:32

LONDON BROKER RATINGS: Bryan Garnier starts Unilever with 'neutral'

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:

Read more
14 Feb 2023 09:08

LONDON BROKER RATINGS: Deutsche Bank double-upgrades easyJet to 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:

Read more
14 Feb 2023 07:59

LONDON BRIEFING: UK wage growth slows, real wages continue to fall

(Alliance News) - Stocks in London are set to open higher on Tuesday morning, as fresh data revealed UK average pay slowed in last three months of 2022 and saw one of the biggest falls in real terms since records began.

Read more
10 Feb 2023 16:55

LONDON MARKET CLOSE: Rate worries keep European stocks in check

(Alliance News) - Stock prices in London closed lower on Friday, as news that the UK managed to avert a recession failed to inspire equities, with interest rate worries hanging over markets again.

Read more
8 Feb 2023 09:44

LONDON BROKER RATINGS: JPMorgan raises Trustpilot to 'overweight'

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:

Read more
7 Feb 2023 09:34

LONDON BROKER RATINGS: Jefferies resumes Taylor Maritime with 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:

Read more
6 Feb 2023 09:28

LONDON BROKER RATINGS: Barclays raises Lloyds Banking and cuts NatWest

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:

Read more
31 Jan 2023 09:26

LONDON BROKER RATINGS: Barclays cuts Relx; Jefferies raises Team17

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:

Read more
31 Jan 2023 08:05

Berenberg downgrades L&G and M&G to 'hold'

(Sharecast News) - Analysts at Berenberg downgraded insurers Legal & General and M&G from 'buy' to 'hold' on Tuesday, citing high correlation to credit and the UK economy, as well as a lack of organic growth in the latter's asset-management business.

Read more
31 Jan 2023 07:54

LONDON BRIEFING: Pets at Home raises guidance; IMF cuts UK GDP outlook

(Alliance News) - Stocks in London were set to open lower on Tuesday, following a forecast by the International Monetary Fund warning the UK economy will shrink this year, despite growth elsewhere.

Read more
17 Jan 2023 11:56

M&G hires Joseph Pinto as new CEO of M&G Asset Management business

(Alliance news) - M&G PLC on Tuesday said it hired Joseph Pinto as new chief executive officer of its subsidiary M&G Asset Management, joining in March this year.

Read more
17 Jan 2023 07:59

M&G appoints Natixis COO to head up asset management unit

(Sharecast News) - M&G said it had appointed former Natixis Investment Managers chief operating officer Joseph Pinto to head up its asset management business.

Read more
10 Jan 2023 10:11

LONDON BROKER RATINGS: Jefferies likes Inchcape; HSBC cuts Clarkson

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:

Read more
8 Dec 2022 09:48

LONDON BROKER RATINGS: JPMorgan cuts Travis Perkins; BofA likes IAG

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:

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.