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The Markets
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Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
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The Markets
by Proactive
Proactive UK has moved.
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Mining

Glencore and Holiday Inn owner's results due on Tuesday

Tuesday sees the last horde FTSE 100 half years, with most of the index's constituents having already updated investors with interims over the last few weeks.

In macro matters, retail sales figures from the British Retail Consortium and trading indicators in the US will give a rounded look into the performance of the two economies last month, with both countries having decided to up interest rates yet again.

Glencore profits to drop as commodity markets 'normalise'

Source: The Times

Source: The Times

Glencore PLC (LSE:GLEN), the mining giant, is expecting profits from trading commodities like metals, oil and coal to drop when it reports interims.

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Will Holiday Inn's owner echo travel recovery glee?

Source: IHG

Source: IHG

Up nearly 18% in 2023, Intercontinental Hotels Group PLC (LSE:IHG) has been favoured by analysts Jefferies, which calls the group a “cash machine” and believes there is little chance of a slowdown in consumer markets.

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Significant Announcements

Interims: Abrdn plc, Glencore plc, InterContinental Hotels Group plc, IWG plc, Rotork plc, Sig plc, TI Fluid Systems plc, Zotefoams plc

Economic announcements: BRC Sales Monitor (UK), Balance of Trade (US), Wholesales Inventories (US)

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