Share Talk Expected Market Updates For The Week Ahead, 9th – 13th October 2023

The upcoming week begins on a calm note, but there are significant results to watch out for from companies such as easyJet, Hays, Robert Walters, and Pagegroup.

Furthermore, the major US earnings season is about to unfold, highlighted by the earnings reports of three prominent Wall Street banks set for Friday.

Observers of macroeconomic trends will continue to dissect the impactful jobs report released just before the weekend. The week’s economic agenda includes data on US inflation, as well as the UK’s GDP, trade, and industrial production figures.

Monday, 9 October Company Highlights: It seems we’re in for a subdued start to the week, potentially allowing investors a moment to review the quarterly equity strategy summaries from the previous weekend. Explore the perspectives from Citi strategists and insights on energy from Deutsche here.

Other Events:

  • AGMs: Henderson Diversified Income PLC, Pires Investments (AIM:PIRI) PLC (twice), JD Sports Fashion PLC (LSE:JD.).

Tuesday, 10 October Company Highlights: Activity ramps up on Tuesday. Notably, YouGov will present its full-year results, with several matters pending, including a potential US listing. Dive into the preview for more details.

Other Companies Reporting:

  • Trading update: Robert Walters PLC
  • Interims: 1Spatial (AIM:SPA) PLC
  • Finals: ScS Group PLC (AIM:SCS)
  • US earnings: PepsiCo (NASDAQ:PEP) Inc.

Other Events:

  • AGMs: Abrdn Japan Investment Trust PLC, Blackfinch Spring Vct PLC, Glantus Holdings PLC (AIM:GLAN), Tungsten West PLC (AIM:TUN, OTC:TNGWF)
  • Economic data: UK Retail Sales, US Wholesale Inventories.

This restructuring provides a clear and concise breakdown of the events and updates for the days mentioned.

Wednesday, 11 October Company Highlights: Stakeholders of the pub enterprise Marston’s PLC (LSE:MARS) are optimistic, anticipating the recent uplift in London’s hospitality scene and promising updates from counterparts to mirror in their update. Dive deeper into the preview.

Reporting Companies:

  • Trading updates: Marstons PLC, PageGroup PLC (LSE:PAGE), Tharisa PLC (LSE:THS, JSE:THA, OTC:TIHRF), Qinetiq PLC
  • Interims: Sanderson Design Group PLC (AIM:SDG), Eneraqua Technologies PLC (AIM:ETP)
  • Finals: Netcall PLC (AIM:NET)

Other Events:

  • AGMs: Litigation Capital Management Ltd (AIM:LIT), Pollen Street PLC (LSE:POLN)
  • Economic data: US MBA Mortgage Applications, US Producer Price Index, US Crude Oil Inventories

Thursday, 12 October Company Highlights: Even with some recent retreats, easyJet PLC shares have climbed almost 50% over the past year. Investors expect an upbeat sentiment from the airline. Delve into the preview for insights.

Reporting Companies:

  • Trading updates: Atalaya Mining (AIM:ATYM, TSX:AYM), easyJet PLC, Hays PLC (LSE:HAS), Norcros PLC (LSE:NXR), Treatt PLC
  • Interims: N Brown PLC
  • Finals: Dechra Pharmaceuticals PLC (LSE:DPH)
  • US earnings: Delta Air Lines (NYSE:DAL) Inc, Domino’s Pizza, Walgreen Boots Alliance

Other Events:

  • AGMs: Osirium Technologies PLC (AIM:OSI), Petroneft Resources PLC (AIM:PTR, OTC:PNFTF), Sutton Harbour Group PLC
  • Economic data: UK Balance of Trade, UK GDP, UK Index of Services, UK Industrial Production, UK Manufacturing Production, US Consumer Price Index, US Continuing Claims, US Initial Jobless Claims

Market Note:

  • Ex-dividends to decrease FTSE 100 by: 1.83

Friday, 13 October Company Highlights: The year has been challenging for several asset managers, resembling a perpetual Friday the 13th. Shares of Ashmore Group (LSE:ASHM) PLC have been in the red since the beginning of February. For a closer look, check out the preview.

In the US, it’s a pivotal day as the earnings season unfolds. Three banking behemoths and the powerhouse BlackRock are set to disclose their figures.

Reporting Companies:

  • Trading updates: Ashmore Group (LSE:ASHM) PLC, Premier Miton Group PLC (AIM:PMI)
  • Finals: CQS Natural Resources Growth and Income PLC, Schroder Japan Trust PLC, Town Centre Securities PLC (LSE:TOWN)
  • US earnings: BlackRock Inc (NYSE:BLK), Citigroup Inc (NYSE:C), JPMorgan Chase & Co (NYSE:JPM), UnitedHealth Group Inc (NYSE:UNH), Wells Fargo & Co

Other Events:

  • AGMs: Brandshield Systems PLC, Loungers PLC (AIM:LGRS), Marechale Capital (AIM:MAC) PLC
  • Economic data: US Import and Export Price Indices, US University of Michigan Confidence (Preliminary)


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