Wealth platform AJ Bell has pushing against some strong headwinds recently and UBS says the things to watch for are assets under administration, in particular net flows, and customer numbers.
"AJB has indicated pricing tariff changes from April 2024 so the focus for the Mar quarter will be on business momentum before those changes come in," added the bank
UBS expects second quarter AUA to grow by 13% to £83.7 billion, customers by 11% to 522,0000 with positive net flows of £1.4bn.
Elsewhere, airline easyJet is being tipped to come up with some very good interim numbers ... read preview
Pest controller Rentokil is recovering from a shock warning about US sales and could bounce higher again if the upward trend continues...read preview
Notable overseas news today includes updates from Taiwan Semiconductor and streaming giant Netflix (read preview).
Ex-dividends to reduce FTSE 100 by: 4.72
Announcements due:
Trading updates: AJ Bell PLC (LSE:AJB), Dunelm Group PLC (LSE:DNLM), Foxtons (LSE:FOXT) Group PLC, Rentokil Initial PLC (LSE:RTO), Segro PLC, Centamin PLC (LSE:CEY, TSX:CEE, OTC:CELTF)
Interims: easyJet PLC
Finals: Devolver Digital Inc (AIM:DEVO), Keystone Law Group PLC (AIM:KEYS), LBG Media PLC (AIM:LBG), Pod Point Group Holdings PLC (LSE:PODP)
US earnings: Blackstone Inc (NYSE:BX), Taiwan Semiconductor Manufacturing Co Ltd, Intuitive Surgical Inc (NASDAQ:ISRG, ETR:IUI1), Netflix Inc (NASDAQ:NFLX, ETR:NFC)
AGMs: Aquis Exchange Ltd, Harmony Energy Income Trust PLC (LSE:HEIT), Jarvis Securities, Segro PLC, Team Internet Group PLC (AIM:TIG, OTCQX:TIGXF), Thorpe PLC
Economic announcements: Continuing Claims (US), Initial Jobless Claims (US), Philadelphia Fed Index (US), Existing Home Sales (US)