Friday Email: 06 April 2024
Every Friday morning our lead analyst Mark Riding sends out his weekly run-down and upcoming events in the investor calendar, like this one:
Hopes that the FTSE 100 would break records today were dashed overnight by a poor showing on Wall Street following interest rate comments from the Fed. The FTSE 100 is down 35 points (0.44%) on the week. The S&P 500 is down 1.92% and the Stoxx 600 is down 1.38%
The past week has been very quiet from a reporting perspective. The week ahead is also quiet.
Going ex dividend this coming week with yields in excess of 4% from the single dividend we have International Public Finance (6.6%), Chesnara (5.6%), Capital & Regional (5.6%), Phoenix Group Holdings (4.8%), Aviva (4.5%), TP ICAP (4.4%) and ITV for 4.4%.
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: 22 March 2024
The FTSE 100 has had a very good week rising 216 points (2.8%). The S&P 500 has risen 2.31% and the Stoxx 600 has risen 0.9%. The market is looking bullish at the moment and the FTSE 100 is approaching the 8000 mark. The increased probability of interest rate reductions and the falling pound is helping the FTSE 100.