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UK Stocks-Factors to watch on Feb. 24

Published 24/02/2020, 06:10
© Reuters.  UK Stocks-Factors to watch on Feb. 24

Feb 24 - Britain's FTSE 100 .FTSE index is seen opening 92 points lower at

7,312 on Monday, according to financial bookmakers.

* HSBC: UniCredit Chief Executive Jean Pierre Mustier has ruled himself out

of a switch to European rival HSBC HSBA.L , a source with knowledge of the

matter told Reuters on Sunday. * COUNTRYWIDE/LSL PROPERT SERVICES: Countrywide CWD.L and LSL Property

Services LSL.L , two of UK's largest real estate agents, are in talks for an

all-share deal valued at about 500 million pounds ($648.20 million), Sky News

reported on Sunday. * OIL: Oil prices tumbled nearly 3% towards a one-week low as the rapid

spread of the coronavirus in several countries outside China left investors

fretting about a hit to demand. O/R

* GOLD: Gold prices climbed more than 2% to their highest level since

February 2013, as a spike in infections in several countries outside China

heightened worries about a hit to global economic growth, prompting a flight to

safe havens. * The UK blue-chip index .FTSE closed 0.4% down on Friday as investors

took measures to reduce their exposure to perceived risky assets as the

coronavirus continued to spread, while a buyout offer powered real estate

investment firm Daejan Holdings DJAN.L to an all-time high. UK CORPORATE DIARY:

Quartix Holdings QTX.L Full Year Results

Ascential ASCL.L Full Year Results

Bunzl BNZL.L Full Year Results

Dechra Pharmaceuticals DPH.L Half Year Results

Finsbury Food Group FIF.L Half Year Results

Tristel TSTL.L Half Year Results

* For more on the factors affecting European stocks, please click on:

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TODAY'S UK PAPERS

> Financial Times PRESS/FT

> Other business headlines PRESS/GB

($1 = 0.7714 pounds)

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