Wednesday preview: Parliamentary debate on Withdrawal, Chancellor in focus
All eyes on Wednesday will continue to be on the parliamentary debate around the Withdrawal Agreement recently negotiated by the Prime Minister with Brussels.
Beverages
22,467.12
17:10 19/04/24
FTSE All-Share
4,296.41
17:08 19/04/24
FTSE Small Cap
6,331.12
17:04 19/04/24
Stock Spirits Group
377.00p
17:15 26/11/21
That will be even more true given that US markets will remain closed due to a National Day of Mourning for President George H.W. Bush.
In terms of data, the spotlight will fall on the latest IHS Markit service sector Purchasing Managers Surveys for November on either side of the Channel.
Following those, at 1300 GMT, the Chancellor is set to testify before the Treasury Select Committee on the UK's economic relationship with the European Union.
Interest rate decisions are expected in Canada, India and Poland.
Among the few corporates set to update markets on Wednesday is Stock Spirits.
Analysts at Numis estimated that the company will report nine-month sales of €171m and operating profits of €28.4m, while pegging full-year sales and profits at €281m and €46.3m, respectively.
Among other questions, analyst Damian McNeela expects the firm's management team to be queried on the competitive dynamics in key markets, including Poland, the Czech Republic and Italy, the payback from its strategic brands following recent investments, any potential for consolidation and on its recently inagurated QB wiskey distillery in Dublin.
IAG is also scheduled to release traffic statistics for the month of November.
Wednesday 05 December
INTERIMS
Stagecoach Group, Tricorn Group
INTERIM DIVIDEND PAYMENT DATE
Burford Capital , Marshalls
QUARTERLY PAYMENT DATE
Unilever
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Crude Oil Inventories (US) (15:30)
ISM Non-Manufacturing (US) (15:00)
MBA Mortgage Applications (US) (12:00)
PMI Composite (EU) (09:00)
PMI Composite (GER) (08:56)
PMI Composite (US) (14:45)
PMI Services (EU) (09:00)
PMI Services (GER) (08:55)
PMI Services (US) (14:45)
Retail Sales (EU) (10:00)
FINALS
Majedie Investments, Numis Corporation, PCF Group, Stock Spirits Group
SPECIAL DIVIDEND PAYMENT DATE
VinaLand Ltd
AGMS
Ceres Power Holdings, Gattaca, MBL Group, River and Mercantile Group
TRADING ANNOUNCEMENTS
Joules Group
UK ECONOMIC ANNOUNCEMENTS
PMI Services (09:30)
FINAL DIVIDEND PAYMENT DATE
Ferguson, Galliford Try
FINAL EX-DIVIDEND DATE
Aeci 5 1/2% Prf