Friday Email: 30 December 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 closed last night at a record high of 7120.6 and is trading at 7110 this morning.
The past week has been very quiet on the corporate front. The battle for Lavendon continues and the current highest bid stands at 260p. Photo-Me continues to benefit from its very good half year results and the CEO buying a lot of shares. Also good to see TalkTalk doing much better this past week or so.
The week ahead is just as quiet with no companies that we cover reporting.
We will be preparing the 2017 model portfolio in the next few days in time for trading starting in the new year on Tuesday 3rd January.
Wishing you all an enjoyable long weekend and another fruitful year on the markets.
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.
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Read next: 23 December 2016
The FTSE 100 has ended the week pretty much as it started and is not too far away from its all time high, which means that it has been a decent year for equity investors and unlikely to take a downturn in the last few trading days of the year. In my view we will see an all time high on the FTSE 100 by year end.