Share Talk Expected Market Updates For The Week Ahead, 30th May – 2nd June 2023

Updates are expected from companies including Bloomsbury, the publisher of Harry Potter, value retail chain B&M, Dr Martens, a specialized shoe company, and used car behemoth Auto Trader.

However, the main headlines are anticipated to be created by water utility company Pennon, with emphasis on the sewage being discharged by the corporation and its efforts to mitigate it.

On Monday, 29th May, bank holidays are observed in both the UK and the US.

On Tuesday, 30th May, Silver Bullet Data Services Group PLC (AIM:SBDS) will hold its final. Alba Mineral Resources PLC (AIM:ALBA), Aseana Properties Ltd, BioPharma Credit PLC (LSE:BPCR), Gresham House Energy Storage Fund PLC (LSE:GRID), Light Science Technologies Holdings PLC (AIM:LST), Maintel Holdings PLC (AIM:MAI), Malvern International PLC (AIM:MLVN), Manx Financial Group (AIM:MFX) PLC, and Sportech PLC (LSE:SPO) are set to hold their AGMs.

Key economic announcements include the US House Price Index, Consumer Confidence, and the UK Nationwide House Price Index.

In the US, Hewlett-Packard and HP are noteworthy.

On Wednesday, 31st May, B&M European, Bloomsbury Publishing PLC (LSE:BMY), De La Rue PLC (LSE:DLAR), and Tern PLC (AIM:TERN) will have their finals, while Impax Asset Management (AIM:IPX) Group PLC will present its interims. Various companies, including Advanced Medical Solutions Group (AIM:AMS) PLC, Aferian PLC (AIM:AFRN), and Bakkavor Group PLC (LSE:BAKK) among others will hold their AGMs.

Economic announcements will include MBA Mortgage Applications, Chicago PMI, Crude Oil Inventories from the US, and the BRC Shop Price Index from the UK.

Key US companies include CrowdStrike and Salesforce.

On Thursday, 1st June, Auto Trader Group PLC (LSE:AUTO), Dr Martens PLC (LSE:DOCS), NextEnergy Solar Fund Ltd (LSE:NESF), and Pennon Group PLC (LSE:PNN, OTC:PEGRY) will hold their finals. AGMs will be conducted by Middlefield Canadian Inc, Northcoders Group PLC (AIM:CODE), and PageGroup PLC (LSE:PAGE). Important economic indicators such as Continuing Claims, Initial Jobless Claims, PMI Manufacturing, Construction Spending, ISM Manufacturing, ISM Prices Paid, Auto Sales from the US, and Consumer Credit, M4 Money Supply, Mortgage Approvals, PMI Manufacturing from the UK will be announced.

In the US, notable companies include Asana, Broadcom, ChargePoint, MongoDB, and Zscaler.

Finally, on Friday, 2nd June, economic announcements will encompass Non-Farm Payrolls and the Unemployment Rate from the US.

Linking Shareholders and Executives :Share Talk

If anyone reads this article found it useful, helpful? Then please subscribe or follow SHARE TALK on our Twitter page for future updates. Terms of Website Use All information is provided on an as-is basis. Where we allow Bloggers to publish articles on our platform please note these are not our opinions or views and we have no affiliation with the companies mentioned

Weekly Newsletter

Sign up to receive exclusive stock market content in your inbox, once a week.

We don’t spam! Read our privacy policy for more info.