Friday Email: 24 June 2022
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 is up 45 points (0.65%) on the week. The S&P 500 is up 1.81% and the Stoxx 600 is up 0.28%.
The past week has been quiet and the week ahead remains quiet. Reporting will pick up in July following the half year end for many companies on 30th June.
The results reporting is quiet but the ex dividend picture is very strong. Companies going ex dividend this coming Thursday with yields of 3% or more include Liontrust Asset Management (5.4%), Caledonia Investments (4.8%), Wentworth Resources (4.6%), STM Group (3.8%), Robinson (3.8%), Gulf Keystone Petroleum (3.5%, with another 7% to follow going ex on 14th July), Anglo Asian mining (3.2%), Serica Energy (3.1%) and B&M European Values for 3%.
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: 17 June 2022
The FTSE 100 has fallen by 292 points (4%) this week. The third consecutive weekly fall driven by inflation worries and interest rate rises. The S&P 500 has continued with its very poor performance in 2022 falling 7.74% this week and a year to date drop of 23.55%. The Stoxx 600 has fallen 3.9% this week.