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FTSE 100 loses ground but still just in the black, Vodafone slumps | 18 May 2021
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London markets edge to gains despite afternoon downturn
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London markets edge to gains despite afternoon downturn
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Vodafone and Imperial Brands both looking for a spark on Tuesday
Other scheduled results include those from Assura, Benchmark Holdings, Cranswick, DCC, Homeserve, Land Securities, Minds + Machines and Topps Tiles
Tuesday sees results from a pair of FTSE 100 giants that have been disappointing shares for a number of years: Vodafone and Imperial Brands.
In the market s eye, Vodafone Group PLC (LON:VOD) is far from the sexy stock it was when it was sitting on a pile of Verizon Wireless shares, with a discouraging couple of years and a dividend cut last year leading to an 18-year nadir being reached.
Airlines, tobacco and telecoms among key sectors in coming week, UK inflation data to provide macro flavour
Companies in the diary for the week include Ryanair and easyJet, as well as Vodafone, Imperial Brands and Royal Mail
The coming week is scheduled to see updates and results from a plethora of blue-chip brands, with Ryanair and easyJet representing the airline sector while tobacco group Imperial Brands, telecoms giant Vodafone and Royal Mail among the notable reporters.
However, other major brands are also in the pipeline including B&Q owner Kingfisher, publisher group Future and utility firm National Gird, while in the macro diary UK inflation data will be the headline news alongside new unemployment figures.