Scancell founder says the company is ready to commercialise novel medicines to counteract cancer. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksNext Share News (NXT)

Share Price Information for Next (NXT)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 8,944.00
Bid: 8,942.00
Ask: 8,948.00
Change: -88.00 (-0.97%)
Spread: 6.00 (0.067%)
Open: 9,018.00
High: 9,044.00
Low: 8,898.00
Prev. Close: 9,032.00
NXT Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Wednesday preview: UK consumer lending, Next in focus

Tue, 28th Sep 2021 18:35

(Sharecast News) - Financial markets' focus in the middle of the week will shift to the UK, where consumer lending figures for August are due out.


At 0930 BST, the Bank of England is expected to report that UK consumer credit rose by £0.3bn during that month, while the number of monthly mortgage approvals remained elevated, at 73,500.

Across the Channel meanwhile, the European Commission will publish the results of its consumer and industrial confidence surveys for the euro area in September.

Stateside, the only relevant economic indicator due out is NAHB's Pending Home Sales Index for August.

In Asia meanwhile, policy-makers at Thailand's central bank are due to meet to decide on interest rates.



On the corporate side of things and for Next's half-year results, UBS analyst Olivia Townsend was expecting the company to surprise to the upside with its comments on current trading.

The online fashion retailer had already pre-announced better than expected full-price sales running up to 17 July, announced a special dividend and told shareholders that any additional excess cash generated during the back half of the year would be funnelled their way.

Hence, investors would also be looking to see if Next reiterated its full-year guidance, the analyst added.

Next's fiscal second quarter ran until 31 July but the company brought forward its trading update due to the strength of its performance.

In terms of potential catalysts for the stock price, Townsend noted investors' concerns regarding the availability - or not - of inventory going into 2022, although she conceded that was a sector-wide preoccupation.

She also estimated that market expectations for the company's full-year profit before tax were about 5% ahead of company guidance for £750m.

Wednesday 29 September

INTERIMS

1Spatial, CMO Group, Futura Medical, Glantus Holdings, Mobile Tornado Group, MyHealthchecked, NetScientific , Next, Seen, Sumo Group , Yu Group

INTERIM DIVIDEND PAYMENT DATE

M&G

INTERIM EX-DIVIDEND DATE

Mitsubhi Electric Corp.

QUARTERLY EX-DIVIDEND DATE

Yamana Gold Inc. NPV (CDI)

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Business Climate Indicator (EU) (10:00)

Consumer Confidence (EU) (10:00)

Crude Oil Inventories (US) (15:30)

Economic Sentiment Indicator (EU) (10:00)

Industrial Confidence (EU) (10:00)

MBA Mortgage Applications (US) (12:00)

Pending Homes Sales (US) (15:00)

Services Sentiment (EU) (10:00)

FINALS

Avingtrans, Origin Enterprises (CDI), Quiz

AGMS

AO World, Frasers Group , FRP Advisory Group , Fulcrum Utility Services Ltd. (DI), Great Eastern Energy Corp Ltd. GDR, Novacyt S.A. (CDI), Scholium Group, The Fulham Shore

TRADING ANNOUNCEMENTS

MyHealthchecked

UK ECONOMIC ANNOUNCEMENTS

BRC Shop Price Index (00:01)

Consumer Credit (09:30)

M4 Money Supply (09:30)

Mortgage Approvals (09:30)

Nationwide House Price Index (07:00)

FINAL DIVIDEND PAYMENT DATE

Base Resources Ltd , Miton UK Microcap Trust
More News
25 Apr 2023 14:54

Next brings forward planned Total Platform launch as lead times reduce

(Alliance News) - Next PLC on Tuesday said it plans to launch Total Platform earlier than previously thought, as it reported progress in reducing lead times for delivery.

Read more
20 Apr 2023 12:19

FCA opens investigation into EY's audit of troubled Made.com accounts

(Alliance News) - The Financial Reporting Council on Thursday said it has begun an investigation into Ernst & Young LLP's audit of Made.com Group PLC's results for 2021.

Read more
17 Apr 2023 07:05

Investors to urge UK firms to protect low-paid workers

Low paid disproportionately hit by high inflation

*

Read more
14 Apr 2023 23:00

Investors to urge UK firms to protect low-paid workers

Low paid disproportionately hit by high inflation

*

Read more
5 Apr 2023 15:24

Director dealings: Next director makes share sale

(Sharecast News) - Next revealed on Wednesday that merchandise and operations director Richard Papp had disposed of 5,300 ordinary shares in the FTSE 100-listed clothing retailer.

Read more
3 Apr 2023 09:43

LONDON BROKER RATINGS: HSBC cuts NCC; Exane BNP cuts Man Group

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

Read more
31 Mar 2023 10:01

LONDON BROKER RATINGS: UBS likes Beazley; Berenberg cuts Wood Group

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

Read more
30 Mar 2023 09:54

LONDON BROKER RATINGS: SocGen cuts Next; Jefferies cuts CMC markets

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

Read more
29 Mar 2023 17:16

Banks boost European stocks, UBS climbs after naming Ermotti CEO

Technology stocks rally 2.7%, boosted by chipmakers

*

Read more
29 Mar 2023 17:11

LONDON MARKET CLOSE: Stocks up as confidence in banking sector builds

(Alliance News) - London's FTSE 100 extended its win streak to three days on Wednesday, with markets poised to wrap-up a fraught month for equities in bullish fashion, as banking sector fears fade.

Read more
29 Mar 2023 12:08

LONDON MARKET MIDDAY: Banking optimism, Chinese tech gains lift shares

(Alliance News) - Large-cap equities in Europe went into Wednesday afternoon on the front foot, with the market mood lifted by a rally in Chinese technology shares and continued optimism that a full-blown banking crisis will be averted.

Read more
29 Mar 2023 09:26

TOP NEWS: Next shares down as warns of profit and sales decline

(Alliance News) - Next PLC on Wednesday hailed a "good year" in 2022 despite various challenges, but expects a "difficult" year ahead as selling price inflation will be "more benign" than anticipated.

Read more
29 Mar 2023 09:04

LONDON MARKET OPEN: Trading timid; Next falls as profit to decline

(Alliance News) - Stock prices in London opened higher on Wednesday, though trading remaining cautious following the recent turbulence in the banking sector.

Read more
29 Mar 2023 07:57

Next posts better-than-expected FY profits

(Sharecast News) - Next posted a better-than-expected jump in full-year profit on Wednesday as it said selling price inflation was set to be more benign than previously thought, but warned the year ahead will be "difficult" and that it continues to expect a decline in profit.

Read more
29 Mar 2023 07:52

LONDON BRIEFING: Next guides for lower profit and full price sales

(Alliance News) - Equity trading is set to remain cautious in London on Wednesday, as investor sentiment continues to steady after the recent turbulence in the banking sector.

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.