UK Stocks-Factors to watch on Feb 25

Published 25/02/2020, 06:05
© Reuters.  UK Stocks-Factors to watch on Feb 25
UK100
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PRU
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Feb 25 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 21

points higher at 7,178 on Tuesday, according to financial bookmakers.

* PRUDENTIAL: Hedge fund Third Point amassed a more than $2 billion stake in

Prudential Plc PRU.L and called on the British insurer on Monday to split into

two companies. * NMC HEALTH: NMC Health NMC.L founder BR Shetty had pledged 7 million of

the company's shares as security for debt, his holding company said on Monday,

adding that the Indian billionaire currently has a 9.81% interest in the UAE

healthcare group.

* OIL: Oil rose as investors snapped up bargains after crude benchmarks

dropped almost 4% in the previous session, but fears that the spreading

coronavirus could wreak far greater economic damage than initially thought

capped gains. O/R

* GOLD: Gold prices eased as investors booked profits from a jump to a

seven-year high in the previous session and as equities regained some footing,

but a spike in coronavirus cases outside of China capped bullion's losses.

* London's FTSE 100 recorded its worst one-day performance in more than

four-and-a-half years on Monday, in a fall that wiped $65 billion off companies'

market value, as a jump in coronavirus cases outside China set off fears of a

pandemic. UK CORPORATE DIARY:

dotDigital Group PLC DOTD.L Half Year 2020 Results

Morgan Advanced Materials MGAMM.L Full Year 2019 Results

Croda International CRDA.L Full Year 2019 Results

Hammerson HMSO.L Full Year 2019 Results

Derwent London DLN.L Full Year 2019 Results

Meggitt MGGT.L Full Year 2019 Results

Manchester United MANU.N Q2 2020 Results

Hotel Chocolat Group HOTC.L Half Year 2020 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

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