UK Stocks-Factors to watch on Monday March 23

  • Reuters
  • Stock Market News
UK Stocks-Factors to watch on Monday March 23
Credit: © Reuters.

LONDON, March 23 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up 17 to 21 points, or 0.3 percent higher on Monday, according to financial bookmakers. For more on the factors affecting European stocks, please click on ID:nL6N0WP0CK

* The blue-chip FTSE 100 closed up 60.19 points, or 0.9 percent, at 7,022.51 points on Friday, led by cement company CRH CRH.L , which surged on expectations of lucrative asset purchases, to vault above 7,000 points for the first time in its history. ID:nL6N0WM3RY

* BG GROUP BG.L - Britain's BG Group and Australia's Woodside Petroleum Ltd WPL.AX will invest up to $1.08 billion to explore for oil and gas in four blocks off the coast of Myanmar's western Rakhine state, a senior Energy Ministry official said on Sunday. ID:nL3N0WO03D

* Britain leaving the European Union could result in a permanent loss of 2.2 percent of the country's gross domestic product by 2030, and the costs would not be offset solely by striking a free trade deal with its former partners, think tank Open Europe said. ID:nL6N0WO0O4

* Only 2 percent of large British firms have separate insurance against cyber attacks and the number dwindles to nearly zero for smaller firms, the government said in a report on Monday. ID:nL6N0WM2G4


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