Image source: Getty Images
of FTSE 350 After a generally calm week, he had a calm day.
UK market standing
UK share prices got off to a strong start to the week after the UK and US delivered August inflation data. But the week seems to be ending peacefully FTSE 100 Thursday was just short of finishing with 7,282 points. The FTSE 350 moved little, closing at 4,035 points.
Overall, the two indexes were down just over 1% for the week by Thursday’s close. And unless something unexpected happens, Friday looks like it won’t be fun. The day-to-day ups and downs of the stock market don’t make much sense, do they?
American losses
That being said, it may be more interesting to see how the US stock market performs on Friday. Both S&P 500 and the Nasdaq Inflation figures posted higher than expected. And they still haven’t recovered.
S&P shares were down 4.1% for the week at the close in New York on Thursday. The Nasdaq index fell 4.6 percent.
Bank money
The banking sector is struggling, isn’t it? Try to tell that NatWest Group Stockholders with a dividend going their way on Friday.
The bank raised its interim dividend by 17 per cent to 3.5p. On top of that, as a result of the group’s share consolidation, NatWest is paying an additional dividend of 16.8p. That’s a total of 20.3p per share going into investors’ accounts.
It’s Payday. Barclay as well as. This time, it’s 2.25p in cash per share for the first half.
Additional divisions
Curries Shareholders should receive a final dividend of 2.15p per share, bringing the total for the year to 3.15p. This is a 5% increase over last year, and represents a 5% yield on the current share price.
VesuviusThe metalworking specialty is aptly named and is paying 6.5p per share for H1. Analysts expect a full-year yield of 6.5%. Engineer IMI It has lifted its first-half dividend, and will pay 8.3p per share.
Friday is a temporary dividend payment day Spirent Communications, 4 printing group, Clarkson, TI fluid systems And Withan Investment Trust. Witten has raised its annual dividend for 47 years and is set at 48.
Economics
After US and UK inflation figures were so impactful, can we expect another economic news this week? Of course we can, and UK retail sales figures will be coming our way on Friday morning.