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Friday Email: 03 July 2020

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 had a decent week and is up around 80 points. The bank of England has predicted a V-shaped recovery, also stating that the depth of the Coronavirus recession is less than half as bad as what they had feared in May.

The past week has been very quiet on the reporting front. Land Securities this morning announced the resumption of dividends following their interim results in November.

The week ahead sees further loosening of the lockdown as pubs, restaurants and other venues that meet certain conditions are being allowed to open as per https://www.gov.uk/guidance/opening-certain-businesses-and-venues-in-england-from-4-july-2020

There is also a small pick up in company reporting next week.

Going ex-dividend this coming Thursday with yields of 2% or more we have Trans-Siberian Gold (2.1%), Telecom Plus (2.1%) and Sirius Real Estate for 2%.

 

 

 

This email was originally sent on Friday 03 July 2020

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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