Weekly Reports | Jun 21 2024
This story features METCASH LIMITED, and other companies. For more info SHARE ANALYSIS: MTS
For a more comprehensive preview of next week’s events, please refer to “The Monday Report”, published each Monday morning. For all economic data release dates, ex-div dates and times and other relevant information, please refer to the FNArena Calendar.
Titbits from the week that was
-Judo Bank Australia purchasing manager’s indices for June lower across Manufacturing & Services and overall (composite) at 50.6 which is lower than May at 52.1
-ANZ Bank job ads fell -2.1% in May
-ANZ Bank-Roy Morgan confidence rose back above 80
-RBA meeting: rates unchanged with a “hawkish” tone
-Bank of England kept rates unchanged
-Swiss National Bank cut rates by -25bps to 1.25%
-China left benchmark lending rates unchanged
-1Q GDP for NZ grew 0.2%
-US markets reached all time highs and Nvidia became the world’s most valuable company
Next week at a glance
-Monday June 24; NZ Trade balance
-Tuesday June 25; Westpac Consumer Sentiment; US house price index
-Wednesday June 26; Australia May CPI, RBA Kent speech; US June consumer confidence, May new home sales
-Thursday June 27; ANZ consumer confidence; Australia job vacancies; Europe consumer confidence; US durable goods, US 1Q GDP, May initial jobless claims
-Friday June 28; Australia April private sector credit; Japan April industrial production, April jobless rate; UK 1Q GDP; US May PCE deflator, April personal spending, University of Michigan consumer sentiment
Corporate calendar
-Monday June 24; GUD Holdings ((GUD)) AGM, Metcash ((MTS)) earnings report; Steadfast Holdings ((SDF)) Investor Briefing (guidance pre-released)
-Tuesday June 25; Collins Food ((CKF)) earnings report
-Wednesday June 26; Fisher & Paykel ((FPH)) ex-dividend 21.84c
-Thursday June 27; REITS go ex-dividend (lots of them)
-Friday June 28; Danakali ((DNK)) ex-div 92.4c
For a calendar of earnings result releases and a summary of earnings results to date, refer to FNArena’s Corporate Results Monitor (https://www.fnarena.com/index.php/reporting_season/)
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CHARTS
For more info SHARE ANALYSIS: CKF - COLLINS FOODS LIMITED
For more info SHARE ANALYSIS: DNK - DANAKALI LIMITED
For more info SHARE ANALYSIS: FPH - FISHER & PAYKEL HEALTHCARE CORPORATION LIMITED
For more info SHARE ANALYSIS: MTS - METCASH LIMITED
For more info SHARE ANALYSIS: SDF - STEADFAST GROUP LIMITED