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UK Stocks-Factors to watch on March 10

Published 10/03/2020, 06:20
Updated 10/03/2020, 06:27
© Reuters.  UK Stocks-Factors to watch on March 10

March 10 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening 138

points higher on Tuesday, according to financial bookmakers.

* WALL STREET: Wall Street suffered its biggest one-day loss since the 2008

financial crisis on Monday and recession worries loomed large as tumbling oil

prices and ongoing coronavirus fears prompted investor panic on the anniversary

of the U.S. stock market's longest-ever bull run. * KKR: Private equity firm KKR & Co Inc KKR.N said late on Monday an

employee in its London office had tested positive for coronavirus, and that it

would temporarily close both its London offices to have them sanitized.

* BHP GROUP: BHP Group BHP.AX , BHPB.L is in good shape to take action

should supply chain disruption caused by the global coronavirus epidemic trigger

acquisition opportunities, the global miner's Chairman Ken MacKenzie said on

Tuesday. * NMC HEALTH: GKSD Investment Holding on Monday pulled out of preliminary

stages of considering an offer for NMC Health NMC.L , days after the UAE-based

hospital operator was relegated from London's bluechip index .FTSE .

* PLAYTECH: Gambling software maker Playtech PTEC.L said on Monday its

Snaitech betting units in Italy will remain closed until April 3, as per the

government's decree on all betting shops, arcades and bingo halls to halt the

coronavirus spread. * OIL: Oil prices bounced back 7% on Tuesday from the biggest one-day rout

in nearly 30 years, as investors eyed the possibility of economic stimulus

despite a price war between top producers Saudi Arabia and Russia. * GOLD: Gold prices fell 1% on Tuesday, retreating from the last session's

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jump above the key $1,700 level, as hopes for global stimulus measures to

cushion the economic impact of the coronavirus outbreak lifted riskier assets

and the dollar. * London's FTSE 100 .FTSE plunged to an almost four-year low on Monday as

a crash in oil prices driven by a price war between Saudi Arabia and Russia

stoked global recession fears, with investors alarmed about the economic fallout

of the coronavirus outbreak. UK CORPORATE DIARY:

Forterra PLC FORT.L Full Year 2019 Earnings Release

Simplybiz SBIZ.L Full Year 2019 Earnings Release

Group PLC

Team17 Group TM17.L Full Year 2019 Earnings Release

Close CBRO.L Half Year 2020 Earnings Release

Brothers

Group PLC

Ultra ULE.L Full Year 2019 Earnings Release

Electronics

Holdings PLC

French FCCN.L Full Year 2020 Earnings Release

Connection

Group PLC

John Menzies MNZS.L Full Year 2019 Earnings Release

Witan WTAN.L Full Year 2019 Earnings Release

Investment

Trust PLC

H & T Group HTGR.L Full Year 2019 Earnings Release

LSL Property LSL.L Full Year 2019 Earnings Release

Services PLC

TP ICAP PLC TCAPI.L Full Year 2019 Earnings Release

Informa PLC INF.L Full Year 2019 Earnings Release

DFS DFSD.L Half Year 2020 Earnings Release

Furniture

Arix ARIX.L Full Year 2019 Earnings Release

Bioscience

Cairn Energy CNE.L Full Year 2019 Earnings Release

Gresham GHT.L Full Year 2019 Earnings Release

Technologies

John Wood WG.L Full Year 2019 Earnings Release

Group PLC

Countrywide CWD.L Full Year 2019 Earnings Release

Standard SLA.L Full Year 2019 Earnings Release

Aberdeen PLC

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

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