Ashmore Group (ASHM)

Sector:

Financials

Index:

FTSE 250

171.10p
   
  • Change Today:
      3.10p
  • 52 Week High: 232.40
  • 52 Week Low: 164.10
  • Currency: UK Pounds
  • Shares Issued: 712.74m
  • Volume: 625,912
  • Market Cap: £1,219.50m
  • RiskGrade: 146
  • Beta: 1.14

Friday preview: US producer prices, Ashmore Group in focus

By Alexander Bueso

Date: Thursday 11 Jul 2024

LONDON (ShareCast) - (Sharecast News) - Inflation will continue to be in focus on either side of the Pond at the end of the week.
In the US, at 1230 BST the Department of Labor will publish producer price figures for the month of June.

Also with the potential to move financial markets, at 1400 BST the University of Michigan will release the preliminary results of its consumer confidence survey for July.

In Europe meanwhile, French and Spanish consumer price data for June are due out at 0645 BST and 0700 BST, respectively.

Against that backdrop, overnight China's customs administration will release foreign trade numbers for the month of June.

In Japan, industrial production figures for May will be published.



In the corporate space, Ashmore Group was to update investors on its assets under management during the fourth quarter.

UBS analyst Michael Werner was expecting the emerging markets-focused fund manager to report a $1.4bn net outflow for AuM of $50.5bn at period end.

Market performance was expected to have added $0.1bn.

If correct, that would mark the 12th consecutive quarter of outflows, although on average those had been to the tune of $2.4bn each.

The analyst further noted how the shares were trading on 15 times their estimated forwards earnings, which was in line with its historical average and implied that inflows would resume in the back half of the 2025 calendar year.

Friday 12 July

INTERIM DIVIDEND PAYMENT DATE

Foresight Enterprise VCT , Topps Tiles

QUARTERLY PAYMENT DATE

Duke Capital Limited, Regional REIT Limited

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Producer Price Index (US) (13:30)

U. of Michigan Confidence (Prelim) (US) (15:00)

AGMS

Palace Capital , Steppe Cement Ltd

FINAL DIVIDEND PAYMENT DATE

3i Infrastructure, Anglo-Eastern Plantations, Christie Group, Concurrent Technologies, Helios Underwriting, Informa, JD Sports Fashion, London Security, Pacific Assets Trust, Persimmon, S&U, Sainsbury (J)





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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 171.10p
Change Today 3.10p
% Change 1.85 %
52 Week High 232.40
52 Week Low 164.10
Volume 625,912
Shares Issued 712.74m
Market Cap £1,219.50m
Beta 1.14
RiskGrade 146

Ashmore Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
8.03% below the market average8.03% below the market average8.03% below the market average8.03% below the market average8.03% below the market average
59.26% below the sector average59.26% below the sector average59.26% below the sector average59.26% below the sector average59.26% below the sector average
Price Trend
35.66% below the market average35.66% below the market average35.66% below the market average35.66% below the market average35.66% below the market average
35.71% below the sector average35.71% below the sector average35.71% below the sector average35.71% below the sector average35.71% below the sector average
Income
92.96% above the market average92.96% above the market average92.96% above the market average92.96% above the market average92.96% above the market average
87.69% above the sector average87.69% above the sector average87.69% above the sector average87.69% above the sector average87.69% above the sector average
Growth
80.09% below the market average80.09% below the market average80.09% below the market average80.09% below the market average80.09% below the market average
68.63% below the sector average68.63% below the sector average68.63% below the sector average68.63% below the sector average68.63% 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
  Final Interim
Ex-Div 07-Nov-24 29-Feb-24
Paid 06-Dec-24 02-Apr-24
Amount 12.10p 4.80p

Trades for 22-Nov-2024

Time Volume / Share Price
16:14 1 @ 170.10p
16:14 1 @ 170.10p
16:14 1 @ 170.10p
16:14 1 @ 170.10p
16:14 1 @ 170.10p

Ashmore Group Key Personnel

CEO Mark Langhorn Coombs

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