The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Friday preview: UK retail sales, Phoenix Group in the spotlight

Thu, 21st Mar 2024 13:33

(Sharecast News) - Financial markets' focus at the end of the week would be on the UK consumer.

Overnight, consultancy GfK would publish the results of its UK consumer confidence survey for March.

They would be followed at 0700 GMT by retail sales figures for February from the Office for National Statistics.

In the U.S., the market spotlight would be on a speech by Fed boss Jerome Powell at 1400 GMT.

Earlier, at 0800 GMT Germany's Federal Office of Statistics would release import price data for January.

At 1000 GMT, the IFO institute's closely-followed business confidence index for march was due out.

In the company space, Phoenix Group was due to publish its full-year 2023 results.

UBS's Nasib Ahmed expects the long-term savings and retirement business to focus on its plans to deleverage and capabilities to increase its solvency II own funds and IFRS 17 equity.

He was also anticipating a final dividend per share announcement of 27.3p, against 26.7p for the consensus.

The firm's next three-year cash generation target was seen at £4bn, which would be in line with market expectations.

Friday 22 March

INTERIMS

SkinBioTherapeutics , Smiths Group, Wetherspoon (J.D.)

INTERIM DIVIDEND PAYMENT DATE

Heath (Samuel) & Sons, Mattioli Woods, Mobeus Income & Growth 4 Vct, Ruffer Investment Company Ltd Red PTG Pref Shares

QUARTERLY PAYMENT DATE

Unilever

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Import Price Index (GER) (07:00)

GMS

Triple Point Energy Transition

FINALS

Dunedin Enterprise Investment Trust, Phoenix Group Holdings , Robinson

ANNUAL REPORT

Nexus Infrastructure

AGMS

Faron Pharmaceuticals Oy (DI), Kitwave Group, URU Metals Ltd. (DI), URU Metals Ltd. (DI), URU Metals Ltd. (DI)

UK ECONOMIC ANNOUNCEMENTS

GFK Consumer Confidence (00:01)

Retail Sales (07:00)

FINAL DIVIDEND PAYMENT DATE

easyJet, Gulf Investment Fund, Henderson Opportunities Trust, Hercules Site Services , Impax Asset Management Group, Ramsdens Holdings

Related Shares

More News
15 May 2024 16:03

UK dividends calendar - next 7 days

13 May 2024 15:36

London close: Stocks take a breather after last week's surge

(Sharecast News) - London's stock markets ended the day in negative territory on Monday, with investors taking a breather following a six-day winning ...

13 May 2024 12:01

LONDON MARKET MIDDAY: Stocks flat as IPO chat brightens up subdued day

(Alliance News) - Stocks in London marked time on Monday, consolidating recent gains, ahead of a key week of US economic data.

13 May 2024 10:32

Phoenix Group CFO Thakrar stepping down after over two decades at firm

(Alliance News) - Phoenix Group Holdings PLC on Monday said former Non-Executive Director Stephanie Bruce will return in June as interim chief financi...

13 May 2024 07:26

Phoenix Group CFO to step down

(Sharecast News) - Savings and retirement group Phoenix has announced that its chief financial officer of four years is to step down later this year.

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.