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

UPDATE 1-UK Stocks-Factors to watch on March 12

Published 12/03/2021, 08:54
Updated 12/03/2021, 09:00
© Reuters.
UK100
-
AZN
-
BRBY
-
HMSO
-
UK100
-
BKGH
-
JD
-
AZN
-

(Adds futures, news items)
March 12 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 13
points lower at 6,724 on Friday, according to financial bookmakers, with futures
.FFIc1 down 0.39% ahead of the cash market open.

* BERKELEY GROUP: Berkeley Group BKGH.L reiterated its annual profit
forecast as it benefits from pent-up demand and tax breaks for
home-buyers. * LOOKERS: Britain's accounting watchdog said it had opened an investigation
into audits conducted by Deloitte of car dealership operator
Lookers. * HAMMERSON: Hammerson HMSO.L posted a 1.7 billion pound loss for 2020 as
the COVID-19 pandemic battered the retail sector. * JD SPORTS: JD Sports Fashion JD.L has entered central and eastern Europe
after agreeing to buy 60% of Poland's Marketing Investment Group. * BURBERRY: Burberry BRBY.L said it had seen a strong rebound in sales
since December. * BARCLAYS: A judge ruled Barclays will have to pay its own 33 million pound
legal bill despite winning a case against British businesswoman Amanda
Staveley's PCP Capital Group over how the bank negotiated a financial lifeline
during the credit crisis in 2008. * ASTRAZENECA: Washington has told the European Union that it should not
expect to receive AstraZeneca (NASDAQ:AZN) AZN.L COVID-19 vaccines manufactured in the
United States any time soon, two EU sources said. Separately, in a document seen
by Reuters, AstraZeneca AZN.L cut its supply forecast of COVID-19 vaccines to
the European Union in the first quarter to about 30 million
doses. * ECONOMY: Britain's economy shrank by a less severe than expected 2.9% in
January from December, official data showed. * COVID-19: British finance minister Rishi Sunak said the data showing a
2.9% drop in economic output during January showed how COVID-19 continued to
affect the economy. * TRADE: Exports and imports from Britain to the European Union plunged
during the first month of the country's new trade relationship with the bloc,
according to data published. * INSURANCE: Motor insurance claims in Britain fell 19% in 2020 and rates
stayed at a four-year low. * GOLD: Gold prices retreated as firmer U.S. bond yields and a strong dollar
weighed on the metal. * OIL: Brent crude prices eased as production cuts by major oil producers
constrained supply. * The UK blue-chip index .FTSE closed 0.2% higher on Thursday as firmer
commodity prices boosted mining and energy stocks, while HSBC traded ex-dividend
and AstraZeneca sank on doubts over its COVID-19 vaccine. * 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.