News

CATEGORY: COMPANY NEWS PREVIEW     SECTOR: FINANCIAL SERVICES

Friday preview: UK data, Ashmore in the spotlight

Thu 10 Sep 2020

ASHM - Ashmore Group

Latest Prices

Name Price %
Ashmore Group 366.60p -2.60%
 
FTSE 250 17,853 -1.42%
FTSE 350 3,298 -1.21%
FTSE All-Share 3,271 -1.19%
Financial Services 10,698 -1.39%
LONDON (SHARECAST) - (Sharecast News) - Financial markets' focus at the end of the week will shift back to the UK, where investors will be eyeing the release of a raft of economic data, alongside the ongoing Brexit talks with Brussels.
At 0700 BST, the Office for National Statistics is due to release a barrage of readings covering foreign trade, gross domestic product, industrial production and services all for the month of July.

Across the Pond and over in Europe meanwhile, the spotlight will be on the latest readings for consumer prices Stateside and in Germany and Spain.

On the corporate side of things, UBS's Michael Werner has penciled-in a 6.7% rise in full-year net revenues to 335m for Ashmore, putting him 1% ahead of consensus.

For the fund manager's bottom line, the analyst was expecting earnings before interest, taxes, depreciation and amortisation of 216m, or 7.2% more than a year earlier.

Earnings per share meanwhile were pegged at 26.7p for a 6.8% rise on the year or 3.2% above consensus.

Above all, the analyst expected investor attention to be on any commentary that the firm might provide around the strength or weakness of flows since the end of June.

Friday 11 September

INTERIMS

Hurricane Energy

INTERIM DIVIDEND PAYMENT DATE

Baronsmead Second Venture Trust, Baronsmead Venture Trust, Berkeley Group Holdings (The), Chemring Group, Lancashire Holdings Limited, LMS Capital, Moneysupermarket.com Group, NMCN, Quartix Holdings , Smurfit Kappa Group, Spirent Communications

QUARTERLY PAYMENT DATE

Real Estate Credit Investments Ltd

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Consumer Price Index (GER) (07:00)

Consumer Price Index (US) (13:30)

FINALS

Ashmore Group, Fletcher King

SPECIAL DIVIDEND PAYMENT DATE

Artemis VCT, Quartix Holdings

AGMS

Argentex Group , NextEnergy Solar Fund Limited Red, SVM UK Emerging Fund

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)

FINAL DIVIDEND PAYMENT DATE

Aberdeen New Dawn Investment Trust, Ashtead Group, CMC Markets, Severfield
 
Archived Stories

22 Oct Thursday broker round-up
19 Oct Monday broker round-up
19 Oct Canaccord Genuity nudges up price target on Ashmore
14 Oct Ashmore grows AUM by $1.9bn in Q1
13 Oct Wednesday preview: US bank earnings, Ashmore Group in focus



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