NVDA Q3 Earnings Alert: Why our AI stock picker is still holding Nvidia stockRead More

UPDATE 1-UK Stocks-Factors to watch on Aug 28

Published 28/08/2020, 07:51
© Reuters.
UK100
-
SHEL
-
UK100
-
AMGO
-

(Adds news items, updates futures)
Aug 28 (Reuters) - Britain's FTSE 100 .FTSE index is seen
opening higher on Friday, with futures FFIc1 up 0.5%.

* AMIGO: Amigo Holdings AMGO.L reported an 83% fall in
first-quarter profit and 32% drop in revenue as payment holidays
granted to customers affected by the coronavirus pandemic and a
halt on almost all new lending hammered its returns. * M&S: Marks & Spencer (M&S) will make the first deliveries
through its new online food shopping joint venture on Tuesday, a
cornerstone of its latest attempt to turn the company around and
offset problems at its pandemic-hit clothing business.
* GATWICK AIRPORT: Gatwick Airport, Britain's no.2 airport,
said the pandemic had pushed it to a 321 million pound loss in
the first six months of 2020 on passenger numbers which
collapsed 66%. * COVID-19: Britain said it will back three nationwide
COVID-19 studies with 8.4 million pounds ($11 million) to fund
research into understanding human immune responses to the
coronavirus. * BUSINESS CONFIDENCE: British business confidence has
ticked up but remains far below usual levels as the economy
struggles to cope with social distancing and employers are
preparing to cut jobs, a survey showed. * SHELL: Royal Dutch Shell Plc RDSa.L on Thursday said
there were only minimal operational impact at its
318,000-barrel-per-day Deer Park, Texas facility due to
Hurricane Laura. * OIL: Oil prices fell as a massive storm raced inland past
the heart of the U.S. oil industry in Louisiana and Texas
without causing any widespread damage to refineries.
* London stocks ended Thursday on the back foot as earnings
updates from firms like Rolls-Royce underlined the extent of
corporate damage inflicted by the coronavirus pandemic, while
Federal Reserve Chief Jerome Powell's speech brought few
surprises. 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

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.