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Thursday preview: Trump, Harbour Energy in the spotlight

Wed 22 January 2025 16:24 | A A A

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(Sharecast News) - The market spotlight on Thursday will continue to be on the US President.

Donald Trump is scheduled to speak at the World Economic Forum, at Davos, Switzerland, via video link.

In the background, at 1330 BST the Department of Labor will release weekly unemployment claims data and at 1600 BST the Federal Reserve Bank of Kansas will publish its regional factory sector index for January.

Later, at 1800 BST, the US Treasury will hold an auction of 10-year inflation-linked government debt.

At 1500 BST Eurostat will publish its consumer confidence index for the euro area in January.

No major economic reports are due out in the UK.

On the company side of things, Harbour Energy will release its fourth quarter and full-year numbers.

In its November trading update, the oil and gas outfit guided towards full-year output of 255-265,000 barrels of oil equivalent per day.

Capital expenditures meanwhile were pegged at about $1.8bn with net debt seen at around $4.7bn and free cash flow at approximately $300m when shareholder distributions and one-off acquisition costs are excluded.

The company also raised its annual dividend from $200m to $455m.

Thursday 23 January

FINALS

Nexus Infrastructure, LPA Group, Watkin Jones

INTERIMS

Baillie Gifford US Growth Trust

TRADING ANNOUNCEMENTS

Associated British Foods, Cmc Markets, Mitie Group

AGMs

Goldplat, Botswana Diamonds, SRT Marine Systems

EGMs

Roebuck Food Group Public Limited Company (CDI)

GMs

BlackRock American Income Trust

FINAL EX-DIVIDEND DATE

Carr's Group, Gooch & Housego, Victrex plc, Origin Enterprises (CDI), Tracsis

INTERIM EX-DIVIDEND DATE

Bankers Inv Trust, Hansa Investment Company Limited 'A' Non Vtg (DI), NB Private Equity Partners Ltd.

Games Workshop Group, Foresight Solar Fund Limited

Abrdn Asian Income Fund Limited NPV, Brickability Group, Solid State, CQS New City High Yield Fund Limited, Elixirr International, Hansa Investment Company Limited (DI)

INTERIM DIVIDEND PAYMENT DATE

The Global Smaller Companies Trust, Sirius Real Estate Ltd.

INTERIM DIVIDEND PAYMENT DATE

Latham (James), Personal Assets Trust, Big Yellow Group, Discoverie Group, Cranswick, Auto Trader Group

International Biotech Trust, Baltic Classifieds Group

QUARTERLY EX-DIVIDEND DATE

M Winkworth, City of London Inv Trust

QUARTERLY PAYMENT DATE

Law Debenture Corp.

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Continuing Claims (US) (13:30)

Initial Jobless Claims (US) (13:30)

New Homes Sales (US) (15:00)

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