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Thursday's Brexit fallout likely to overshadow Capita and Savills results
Brexit and the latest vote will likely be the main talking point, but there will be financial results too!
Company
LON:CRH
CRH plc is a diversified building material company, which manufactures and distributes building material products from the fundamentals of heavy materials and elements to construct the frame, through exterior products that complete the building envelope, to distribution channels, which service construction fit-out and renewal.
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Brexit and the latest vote will likely be the main talking point, but there will be financial results too!
Archive
In February, IAG said it would put a cap on its number on non-EU investors, a move that was replicated on Tuesday by Ryanair, although the Irish carrier went further saying that in the event of a no-deal Brexit it would class UK-held shares
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Aside from Morrison's, the Week Ahead will also bring updates from housebuilder Berkeley Group, insurer Prudential and fund manager Standard Life Aberdeen
Builders and building materials
The FTSE 100-listed Irish building materials group saw its underlying earnings (EBITDA) rise by 7% to €3.37bn, slightly ahead of the company’s own guidance for €3.35bn
The UK's premier share index closed down around 32 points at 7,074
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Its set to be a busy day for blue-chip news in London on Thursday.
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The Week Ahead will also bring a trading update from AB Foods, plus final results from Standard Chartered, IAG, Persimmon, Rightmove, as well as the latest US GDP data
Builders and building materials
Under its share buyback programme, the FTSE 100 construction giant has already returned around €700mln of cash to shareholders
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If you are long blue-chip equities, the trend has not been your friend today
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The Day Ahead also includes updates from blue-chip contract caterer Compass Group, and second line players such as challenger bank CYBG and online electrical appliances retailer AO World
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Aside from the inevitable Brexit drama, the Week Ahead will be dominated by another batch of corporate updates from the likes of Kingfisher, Centrica, easyJet, and Compass Group
The UK blue-chip benchmark finished down over 27 points at 7,026, while the FTSE 250 closed down over 52 points at 18,961.
Investments and investor services
The UK blue chip index was about 10 points lower at 7,373, above the session low of 7,357.09 but below the morning peak of 7,397.74
Investments and investor services
It promises to be a busy Thursday morning with several closely followed firms reporting, meanwhile, around 9 points will come off the index with blue-chip miners such as BHP Billiton, Antofagasta, and Glencore going ex-dividend.
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Aside from the housebuilders, the week head will also see updates from advertising giant WPP, electricals retailer Dixons Carphone, and transport operator Go-Ahead Group
Builders and building materials
CRH PLC has reported a rise in sales and earnings in the first half of its financial year despite issues surrounding weather conditions and difficulties in the Philippines. The FTSE 100 construction giant reported underlying earnings (EBITD
Investments and investor services
The UK index of leading shares finished Thursday down around 11 points, or 0.15%, at 7,563.
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There are not many heavyweights expected to release results on Thursday but plenty will be going ex-dividend
FTSE 100 closed ahead as the new trading week began, but off the 7,600 level, adding over 32 points to 7,591
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Only three other FTSE 100-listed companies are scheduled to unveil updates – housebuilder Persimmon, Irish construction group CRH, and Middle East hospitals operator NMC Healthcare