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UK Stocks-Factors to watch on March 1

Published 01/03/2021, 07:08
Updated 01/03/2021, 07:12
© Reuters

March 1 (Reuters) - Britain's FTSE 100 .FTSE index is seen
opening 46 points higher at 6,530 on Monday, according to
financial bookmakers.

* AVIVA: Insurer Aviva AV.L plans to become a net zero
carbon emissions company by 2040, claiming this was the most
demanding target set by any major insurer worldwide.

* ASTRAZENECA: AstraZeneca (NASDAQ:AZN) AZN.L has sold its 7.7% stake
in Moderna Inc MRNA.O for more than $1 billion after the U.S.
biotechnology company's shares soared on the back of its
coronavirus vaccine breakthrough, The Times reported.
* BONDS: Britain's government plans to launch the world's
first sovereign green bonds for retail investors as part of its
push to create a net-zero-carbon economy by 2050. * BUDGET: British finance minister Rishi Sunak said on
Sunday he would not rush to fix the public finances as he
readied a budget plan which will pile more borrowing on top of
almost 300 billion pounds of COVID-19 spending and tax cuts.
* VACCINATION: British finance minister Rishi Sunak will
announce an extra 1.65 billion pounds to fund the country's fast
vaccination rollout as part of his annual budget statement on
Wednesday, the finance ministry said. * OIL: Oil prices rebounded more than $1 after the U.S.
House of Representatives passed a huge stimulus package.
* GOLD: Gold prices rose 1%, recovering from a more than
eight-month low touched in the previous session, as the dollar
weakened and the United States passed a $1.9 trillion stimulus
package.
* The export-heavy FTSE 100 marked its weakest session since
late-October on Friday, snapping three straight weeks of gains
as a broader sell-off in bonds spread to global equities.
UK CORPORATE DIARY:
Aggreko AGGK.L FY results
Bunzl BNZL.L FY results

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* For more on the factors affecting European stocks, please
click on: LIVE/
TODAY'S UK PAPERS
> Financial Times PRESS/FT
> Other business headlines PRESS/GB

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