By Alexander Bueso
Date: Wednesday 13 Mar 2024
LONDON (ShareCast) - (Sharecast News) - Financial markets' attention in the middle of the week will be on a reading for UK gross domestic product during the month of January.
Forecasts are that GDP expanded by 0.2% versus December following the 0.1% dip during the previous month.
The data will be released at 0700 GMT. Later in the day, NIESR will publish its estimate for GDP growth in February.
Euro area industrial production is expected to have shrunk at a 1.0% month-on-month pace in January.
No major economic releases are scheduled in the U.S..
On the corporate side of things meanwhile, Balfour Beatty will post its full-year numbers.
UBS analyst Gregor Kuglitsch anticipates that the infrastructure group will report total sales of approximately £9.1bn for 2% growth over the past 12 months.
However, profit before tax and exceptionals is seen falling 12% to £257m.
On that same basis, earnings per share are expected to have fallen by a quarter to 35.7p.
Looking out to 2024, the analyst sees sales of £8.9bn and profit from operations of £233m.
Wednesday 13 March
INTERIMS
Seraphim Space Investment Trust, Supermarket Income Reit
INTERIM EX-DIVIDEND DATE
Dunelm Group
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Crude Oil Inventories (US) (14:30)
MBA Mortgage Applications (US) (11:00)
Q4
Vaalco Energy, Inc (DI)
GMS
Heiq
FINALS
4Imprint Group, Advanced Medical Solutions Group, Balfour Beatty, Centaur Media, Ferrexpo, IP Group, Nexteq, PensionBee Group , Public Policy Holding Company, Inc.(DI), The Gym Group, Vaalco Energy, Inc (DI)
AGMS
Safestore Holdings
UK ECONOMIC ANNOUNCEMENTS
Balance of Trade (07:00)
Gross Domestic Product (07:00)
Index of Services (07:00)
Industrial Production (07:00)
Manufacturing Production (07:00)
FINAL DIVIDEND PAYMENT DATE
Tharisa (DI)
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