Centrica profits to be overshadowed by prepayment scandal, Stan Chart results also out on Thursday By Proactive Investors
© Reuters Centrica profits to be overshadowed by prepayment scandal, Stan Chart results also out on Thursday
Proactive Investors – The banking results focus switches to Asia on Thursday, with Standard Chartered PLC (LON:) shares at their highest since 2018 – even though a reported bid approach was denied by the purported suitor.
For the results, the market will want confirmation that the punchy forecasts are still intact and maybe also some details on China’s recent opening up.
Also that day we are due annual results from Centrica PLC (LON:), which continues the theme of bumper cash levels increasing investor hopes of rich returns.
Significant announcements
Trading updates: Supermarket Income REIT PLC
Interims: MJ Gleeson PLC (LON:), Standard Chartered PLC
Finals: Centrica PLC, Harbourvest Global Private Equity, Moneysupermarket.com (LON:) PLC, RELX PLC (LSE:REL)
AGMs: Benchmarks Holdings PLC, Supermarket Income REIT PLC, Tertiary Minerals PLC (AIM:TYM)
Economic announcements: Building Permits (US), Continuing Claims (US), Housing Starts (US), Initial Jobless Claims (US), Philadelphia Fed Index (US), Producer Price Index (US), Capacity Utilisation (US), Industrial Production (US)
US earnings: Applied Materials (NASDAQ:), Agnico Eagle, DoorDash, Hasbro (NASDAQ:HAS), Yamana (TSX:YRI, LSE:AUY)
