skip to Main Content
enquiries@thearmchairtrader.com

Sign up for our Free Daily Digest newsletter:
Actionable insight every morning, designed for the self-directed investor

Three things you need to know in the financial markets this morning from investment writer, Tony Cross.

AJ Bell

There’s a solid set of full year numbers out from AJ Bell [LON:AJB] this morning. Revenues are up 17% whilst profits have soared by 33%. Investors are being rewarded with more than a 30% hike in the dividend and the company believes the outlook for the UK investment platform industry remains positive, despite the uncertainty being caused by political uncertainty.

IG Group

Keeping with the financial services sector, IG Group [LON:IGG] has published its pre-close trading update. Net revenue for the first half is now expected to be £250m against the £251m a year ago, which is likely to be considered positive given the extensive changes which have been seen in the underlying market. The company notes it has seen a particularly strong performance in Japan and emerging markets.

Dunelm

Dunelm [LON:DNLM] has published a short trading update today, noting that it has completed the migration of all customers onto its new digital platform and that no adverse effect has been seen with the latest iteration of its website. Gross margins are improving and critically this has seen the board upgrade profit expectations for the full year – contingent on there being no adverse effects from next week’s general election. A more detailed trading update is scheduled for January 9th.

If you have enjoyed this article, you can sign up for our Daily Digest newsletter here - and receive our free insight every morning

Share this article

Tony Cross

Tony Cross

Tony Cross is a market commentator with over 15 years of experience, producing compelling, insightful copy for journalists and investors alike. Focusing on macroeconomics, UK blue chip equities and inter market analysis, Cross's commentary is well regarded for its clarity and ability to cut through the waffle. He has been quoted in publications as diverse as The Financial Times, The Times, The Guardian and The Sun. He has also been a regular guest on both Share Radio and TipTV.

Back To Top

Oops! We could not locate your form.

Oops! We could not locate your form.

Oops! We could not locate your form.

Oops! We could not locate your form.

Oops! We could not locate your form.

Market insight and analysis, direct to your inbox

  • This field is for validation purposes and should be left unchanged.

 

Get our morning digest direct to your inbox

Sign up for Three Quick Facts and a wealth of insight & analysis to your inbox every weekday morning at 8am

  • This field is for validation purposes and should be left unchanged.