Accuracy Coverage Pricing Contact

Friday Email: 15 July 2016

Every Friday morning our lead analyst Mark Riding sends out his weekly run-down and upcoming events in the investor calendar, like this one:

Things have moved on a lot in a week and we already have a new Prime Minister which is good for the markets as it removes the political uncertainty surrounding the leadership of the conservative party. Since the aftermath of Brexit, both the FTSE 100 and FTSE 250 have risen by over 10%. In fact, since the February low, the market has risen by over 20% which technically means we are in a bull market.

In spite of this investors need to be wary as the future remains uncertain in the aftermath of Brexit, but it is good to see people getting on with it and accepting that we must plan for a new era. The pound remains weak and the markets are sifting out the winners and losers from this important development. Exporters will do well, but we will be importing inflation, which with current very low rates of increase is not such a bad thing.

The past week saw Micro Focus increase its final dividend by over 50% in dollar terms. What a performer they have been over the years. There was also a 38% increase from Dart Group and Supergroup will be paying a special dividend.

The week ahead sees little in the way of corporate news.

The DividendMax model portfolio is trading in line with the market since the start of the year and is up about 6%. The trading portfolio is performing extremely well boosted by the addition of Galliford Try last week which is showing a weekly gain of over 20%.

New into DividendMax this week at the request of members we have Begbies Traynor group and Twenty Four income.

Off to Lords for England v Pakistan in what should be a good series. 

This email was originally sent on Friday 15 July 2016

The Friday email is delivered to over 20,000 subscriber’s every week, and remains a widely read run-down of recent events and what investors can expect in the week ahead written by our chief analyst Mark Riding.

It’s included as part of the free DividendMax trial.

— Interested in a free trial? —

Sign up for the Friday Email

Newsletter Subscription

Select which emails you’d like to receive from us:
Subscribe

See all previous emails

Archive

2018

2017

2016

2015

2014

2013