Get 40% Off
🤯 Perficient is up a mind-blowing 53%. Our ProPicks AI saw the buying opportunity in March.Read full update

UPDATE 1-UK Stocks-Factors to watch on March 24

Published 24/03/2021, 06:46 pm
© Reuters

(Adds futures, news items)

March 24 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 38 points lower at 6,662 on Wednesday, according to financial bookmakers, with futures .FFIc1 down 0.61% ahead of the cash market open.

* BLOOMSBURY: Bloomsbury BLPU.L said profit for fiscal year 2020 will be significantly above market expectations. BT: BT BT.L said it would pay 59,000 frontline workers a 1,500 pound special bonus to recognise their efforts to keep customers and the country connected during the pandemic. PENDRAGON: Pendragon PDG.L said cost cuts helped the British auto dealer report a profit for 2020, compared with a loss a year earlier. BELLWAY: Bellway BWY.L said it was experiencing strong underlying demand for new homes. IAG: IAG ICAG.L said on Tuesday it had secured a $1.76 billion credit facility from a group of banks that would be available to its coronavirus-hit airlines Aer Lingus, British Airways and Iberia. INVESTEC: Investec's Australian unit has agreed to sell its A$1.2 billion acquisition finance loan-book to corporate lender Metrics Credit Partners, sources told Reuters. BHP: BHP Group BHP.AX urged rivals to step up trading in the Australian spot gas market and back a domestic price index to help keep the government from intervening in the market. ANTOFAGASTA: Workers at Antofagasta (LON:ANTO)'s Los Pelambres copper mine in Chile have accepted a contract offer and abandoned the threat of a strike, the union said on Tuesday. ECONOMY: British inflation unexpectedly fell last month, reflecting the biggest annual drop in clothing prices since 2009 and cheaper second-hand cars, official figures showed. BANKS: The world's biggest banks cut lending to fossil fuel firms by 9% in 2020 as a result of the pandemic, a report showed. COVID-19 : Travellers from England will face 5,000 pound fines in new legislation designed to deter non-essential trips and barricade the nation against imported COVID-19 infections. GOLD: Gold prices rose as U.S. Treasury yields held close to one-week low. OIL: Oil prices steadied following the previous day's slump. The UK blue-chip index .FTSE closed 0.4% lower on Tuesday, dragged down by energy and mining stocks. For more on the factors affecting European stocks, please click on: LIVE/

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

TODAY'S UK PAPERS

> Financial Times

PRESS/FT

> Other business headlines

PRESS/GB

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.