Thursday preview: US CPI, Jet2 in the spotlight.


The market spotlight on Thursday will be on the US consumer price report for the month of June.

Jet2

Source: Sharecast

Consensus is for the annual rate of increase in headline CPI to have slipped from 3.3% for May to 3.1% in June.

Core CPI on the other hand is seen unchanged at 3.4%.

On home shores meanwhile, at 0600 BST the Office for National Statistics will publish gross domestic product figures for May.

They will be followed at 0830 by the Bank of England's Credit Conditions survey for the second quarter.

Also due out before the market open in London is a reading on German consumer prices in June.

On the company side of things, Jet2 is due to release its fiscal 2024 results.

UBS analyst Jarrod Castle anticipates full-year revenues will reach about £6.5bn (consensus: £6.3bn), for a rise in earnings before interest and taxes from £394m one year before to £435m.

In a recent update, the airline guided towards full-year profit before tax, before foreign exchange movements, of £515-520m.

However, investors' focus would be on the outlook for the summer and guidance for the following year, he said.

Thursday 11 July

INTERIM EX-DIVIDEND DATE

Heavitree Brewery, Heavitree Brewery 'A' Shares, Kitwave Group, Schroder UK Mid Cap Fund, Shoe Zone, The Character Group, Unicorn AIM VCT , WH Smith

QUARTERLY PAYMENT DATE

GSK

QUARTERLY EX-DIVIDEND DATE

BlackRock Latin American Inv Trust, Custodian Property Income Reit, I3 Energy , JPMorgan Asia Growth & Income, JPMorgan Japan Small Cap Growth & Income, Middlefield Canadian Income PCC, Real Estate Investors, Supermarket Income Reit

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Consumer Price Index (GER) (07:00)

Consumer Price Index (US) (13:30)

Continuing Claims (US) (13:30)

Initial Jobless Claims (US) (13:30)

GMS

Nostrum Oil & Gas

FINALS

Ilika, Jet2, Twentyfour Income Fund Limited Ord Red

ANNUAL REPORT

Twentyfour Income Fund Limited Ord Red

SPECIAL DIVIDEND PAYMENT DATE

Plus500 Ltd (DI)

SPECIAL EX-DIVIDEND DATE

Record

AGMS

Angle, BT Group, Bytes Technology Group , DCC (CDI), Dr. Martens , Land Securities Group, Pets at Home Group , RS Group, Severn Trent, Value and Indexed Property Income Trust

TRADING ANNOUNCEMENTS

Hays, Wood Group (John)

UK ECONOMIC ANNOUNCEMENTS

Balance of Trade (07:00)

Gross Domestic Product (07:00)

Index of Services (07:00)

Industrial Production (07:00)

Manufacturing Production (07:00)

RICS Housing Market Survey (00:01)

FINAL DIVIDEND PAYMENT DATE

Centrica, Good Energy Group, Plus500 Ltd (DI), Scottish Mortgage Inv Trust

FINAL EX-DIVIDEND DATE

Anpario, Atalaya Mining, Caffyns, Cake Box Holdings, CMC Markets, Halma, Marks Electrical Group, Mountview Estates, MS International, Oxford Instruments, Record, Sanderson Design Group, The Global Smaller Companies Trust


ISIN: GB00B1722W11
Exchange: London Stock Exchange
Sell:
1,666.00 p
Buy:
1,669.00 p
Change: 12.00 ( 0.73 %)
Date:
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