More than a quarter of the FTSE 100 will report results on Thursday (27/07/2017) in what’s set to be one of the busiest and potentially volatile sessions for the blue chip index of the year.
Several big hitters, including British American Tobacco, Diageo, Royal Dutch Shell, Lloyds and AstraZeneca, are due to update the market. Combined, the companies reporting on Thursday make up more than 27% of the FTSE 100 by index weighting.
Also on Thursday we get the second quarter earnings from Amazon, while Facebook is due to report its Q2 earnings after the market closes later today.
It’s also a huge day for the Germany 30 with BASF, Bayer, Deutsche Bank and Volkswagen reporting earnings.
In total we have €4.7 trillion of market cap reporting this week, with more than half of this on Thursday.
Source: ETX Capital