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The Markets
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The Markets
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Proactive UK has moved.
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Wednesday's agenda: Sainsbury marches up the aisle

Supermarkets defied the trend on a glum Tuesday but whether the repeat the trick on Wednesday could depend on Sainsbury's trading statement.

Wednesday is sure to be another busy day, as companies rush out end-June trading updates before the end of September.

Supermarket chain Sainsbury reports on Wednesday and few people are expecting an upbeat statement, though at least, according to the recent report from market research group Kantar, the chain was alone among the big four to not lose market share to both ALDI and Lidl recently.

Significant announcements expected

Interim: Northbridge Industrial Services (LON:NBI), Saga (LON:SAGA), ServicePower Technologies (LON:SVR)

Trading statement: Compass Group (LON:CPG), QinetiQ Group (LON:QQ.), Sainsbury (J) (LON:SBRY), Topps Tiles (LON:TPT)

Economic: UK Gross domestic product, UK GFK consumer confidence, US ADP employment report, EU unemployment rate, EU consumer prices

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