Ashmore Group (ASHM)

Sector:

Financials

Index:

FTSE 250

196.60p
   
  • Change Today:
    -2.60p
  • 52 Week High: 238.60
  • 52 Week Low: 166.30
  • Currency: UK Pounds
  • Shares Issued: 712.74m
  • Volume: 572,906
  • Market Cap: £1,401.25m
  • RiskGrade: 146

Wednesday preview: China CPI, Fed's Powell in focus

By Alexander Bueso

Date: Tuesday 09 Feb 2021

LONDON (ShareCast) - (Sharecast News) - Financial markets' focus in the middle of the week will shift to readings for consumer price inflation from around the world and speeches from the heads of several of the world's main central banks.







Of key importance in that regard will be a reading on Chinese consumer prices due out overnight.

The consensus forecast is for a dip in the annualised rate of CPI from 0.2% for December to -0.1% in January.

Data for factory gate prices on the other hand are expected to reveal a pick-up in price pressures from -0.4% to 0.3%, despite the recent strengthening in the yuan.

A positive reading for producer prices would mark the first increase in the series in a year.

Stateside meanwhile the year-on-year rate of headline CPI was expected to edged up from 1.3% for December to 1.5% in January.

Investors will also be keeping close tabs on speeches from European Central Bank chief, Christine Lagarde, at 1300 GMT, followed others from Bank of England Governor, Andrew Bailey, at 1700 GMT, and the Federal Reserve's Jerome Powell at 1900 GMT.



For fund manager Ashmore's first half, UBS analyst Michael Werner had penciled-in a 15% drop in annual revenues to £151m.

That put him 3% ahead of the consensus.

Earnings before interest, taxes, depreciation and amortisation were pegged at £103m, down 16% on the comparable year ago period.

On a per share basis however, earnings were seen at 12.9p, which was 1% below consensus.

Having already disclosed data for its assets under management during the half, Werner expected investors' focus to be on any commentary regarding the strength of flows since year-end.

Wednesday 10 February

INTERIMS

Ashmore Group, Avingtrans, Dunelm Group

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Consumer Price Index (GER) (07:00)

Consumer Price Index (US) (13:30)

Crude Oil Inventories (US) (15:30)

MBA Mortgage Applications (US) (12:00)

Q4

Lancashire Holdings Limited

FINALS

Smurfit Kappa Group

ANNUAL REPORT

PCF Group

EGMS

Glenveagh Properties, Hibernia Reit

AGMS

Catalyst Media Group, Future, GCP Infrastructure Investments Ltd, Grainger, Income & Growth VCT , Keystone Inv Trust, Ramsdens Holdings , RWS Holdings, Tharisa (DI)

FINAL DIVIDEND PAYMENT DATE

Brewin Dolphin Holdings

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Ashmore Group Market Data

Currency UK Pounds
Share Price 196.60p
Change Today -2.60p
% Change -1.31 %
52 Week High 238.60
52 Week Low 166.30
Volume 572,906
Shares Issued 712.74m
Market Cap £1,401.25m
RiskGrade 146

Ashmore Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
19.79% above the market average19.79% above the market average19.79% above the market average19.79% above the market average19.79% above the market average
37.04% below the sector average37.04% below the sector average37.04% below the sector average37.04% below the sector average37.04% below the sector average
Price Trend
6.71% below the market average6.71% below the market average6.71% below the market average6.71% below the market average6.71% below the market average
15.52% below the sector average15.52% below the sector average15.52% below the sector average15.52% below the sector average15.52% below the sector average
Income
88.92% above the market average88.92% above the market average88.92% above the market average88.92% above the market average88.92% above the market average
72.73% above the sector average72.73% above the sector average72.73% above the sector average72.73% above the sector average72.73% above the sector average
Growth
96.86% below the market average96.86% below the market average96.86% below the market average96.86% below the market average96.86% below the market average
88.99% below the sector average88.99% below the sector average88.99% below the sector average88.99% below the sector average88.99% below the sector average

What The Brokers Say

Strong Buy 2
Buy 1
Neutral 4
Sell 3
Strong Sell 1
Total 11
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Ashmore Group Dividends

  Latest Previous
  Interim Final
Ex-Div 29-Feb-24 02-Nov-23
Paid 02-Apr-24 08-Dec-23
Amount 4.80p 12.10p

Trades for 13-May-2024

Time Volume / Share Price
16:35 274,287 @ 196.60p
16:35 518 @ 196.60p
16:35 756 @ 196.60p
16:35 1,114 @ 196.60p
16:35 6,597 @ 196.60p

Ashmore Group Key Personnel

CEO Mark Langhorn Coombs

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