Friday Email: 04 November 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:
The FTSE 100 has been trending downwards all week and that looks set to continue today with the FTSE 100 trading well down in early trading at 6732, down about 3.8% on the week.
The past week saw very little in the way of corporate news, but highlighted the strength of dollar denominated dividends as both Royal Dutch Shell and BP declared their dividends. That reversed to some extent on Thursday as the high court ruled that parliament must vote on the invocation of article 50. This gave the ailing pound some respite and it bounced from its recent lows. It is trading at $1.2480 at the moment. The government will contest the ruling
The week ahead
New into DividendMax this week at the request of members we have Pan African Resources.
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.
Read next: 28 October 2016
The FTSE 100 has traded in a narrow range for some time now and currently sits just below 7000. The market has opened down this morning as we wait for US GDP numbers later today.
— Interested in a free trial? —