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Royal Dutch Shell and Unilever among highlights in another busy Thursday for blue-chips

Royal Dutch Shell Plc (LON:RDSB) is the next company formerly known as oil super major to update on Thursday.

Transition and commodity prices will be key themes in the results statement. Shell recently updated investors with more detail on its plan emphasis on customer demand, no doubt it will be a feature in Thursday’s first-quarter results.

“Shell is attempting to pull off a metamorphosis but shrugging off its fossil fuel skin to reveal a new cleaner energy giant underneath is no easy transition,” said Susannah Streeter, analyst at Hargreaves Lansdowne.

“Refocusing on cleaner assets is an expensive path to tread, and needs to be paid for revenues from its traditional oil assets.

“Shell is trying to make the transition through a radical restructuring, that aims to focus the group down onto core assets, shedding billions of dollars of non-core businesses and reduce its refining footprint.”

Unilever volumes key for first quarter

Consumer good giant Unilever PLC (LON:ULVR) let down shareholders with its last update, so a first-quarter trading statement on Thursday will be watched closely for any signs of recovery.

Volumes will be key for the owner of Persil and Hellman’s Mayonnaise, as well as whether it expects the rising levels of COVID-19 cases in certain countries to impact its emerging markets, particularly India and Brazil.

However, investors will are at least unlikely to worry about the dividend, as the group has previously stressed the importance of growing its shareholder payouts.

Thursday April 29

Trading announcements: Royal Dutch Shell PLC (LON:RDSB), NatWest Group PLC (LON:NWG), Standard Chartered PLC (LON:STAN), Unilever PLC (LON:ULVR), Flutter Entertainment PLC (LON:FLTR), Meggitt PLC (LON:MGGT), Indivior PLC (LON:INDV), ConvaTec Group PLC (LON:CTEC), Evraz PLC (LON:EVR), Howden Joinery Group PLC (LON:HWDN), Inchcape PLC (LON:INCH), Lancashire Holdings Ltd (LON:LRE), Schroders PLC (LON:SDR), Smith & Nephew PLC (LON:SN.), Computacenter PLC (LON:CCC), DS Smith PLC (LON:SMDSL), Glencore PLC (LON:GLEN), Kaz Minerals PLC (LON:KAZ), St James’s Place PLC (LON:STJ), Weir Group PLC (LON:WEIR

Finals: Woodbois Limited (LON:WBI), Xeros Technology Group PLC (LON:XSG), RTW Venture Fund Limited (LON:RTW)

Interims: WH Smith PLC (LON:SMWH), Proactis Holdings PLC (LON:PDH)

FTSE 100 ex-dividends to knock 3.5 points off the index: RELX PLC (LON:REL), Rightmove PLC (LON:RMV), London Stock Exchange Group PLC (LON:LSE)

Economic data: US GDP, US jobless claims

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