Friday Email: 25 May 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:
THE FTSE 100 has had a bad week falling 130 points (1.54%). The market reacted badly to the inflation number that was broadly in line with expectation. Then came the announcement of a General Election which also went down badly with markets. The other probable factor is that there is some profit taking after a very good run. The S&P 500 has fallen 0.66% and the Stoxx 600 has fallen 0.89%. Year to date the FTSE is up 7.35%, the S&P 500 is up 11.07% and the stoxx 600 is up 8.35%.
The past week has been busy from a reporting perspective with generally good numbers coming out of U.K. plc.
The shorter week following the Bank holiday is much quieter.
Going ex dividend this coming Thursday with yields in excess of 4% from the single dividend we have Regional REIT (5.2%) and Card Factory for 4.5%.
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.
