UK Stocks-Factors to watch on March 25

  • Reuters
  • Stock Market News
UK Stocks-Factors to watch on March 25
Credit: © Reuters.

March 25 (Reuters) - Britain's FTSE 100 .FTSE is seen opening 27 points lower at 7,181 on Monday, according to financial bookmakers.

* ROYAL DUTCH SHELL: Just over a year after buying First Utility, Royal Dutch Shell RDSa.L has rebranded the British household energy supplier and is switching all its customers to renewable electricity as the oil and gas giant seeks to expand its low-carbon business. FLACKS: Flacks Group said on Friday it would not make an offer for Laura Ashley Holdings ALY.L , nearly a month after the British fashion retailer dismissed an unsolicited takeover offer from the investment firm. GVC Holdings: Ladbrokes (LON: LCL ) owner GVC Holdings Plc's GVC.L chairman, Lee Feldman, is preparing to leave the company, days after offloading a large stake at a discounted price, Sky News reported on Friday. GOLD: Gold rose on Monday as investors' appetite for riskier assets faded on concerns about a potential U.S. recession and decelerating global growth, increasing appeal for the bullion alongside yen and bonds. OIL: Oil prices dropped by almost 1 percent on Monday, with concerns recession could be looming outweighing supply disruptions from OPEC's production cutbacks and from U.S. sanctions on Iran and Venezuela. The UK blue-chip index closed 0.21 percent lower at 7207.59 on Friday as a surge in the pound weakened exporter stocks and poor manufacturing data from the euro zone and the United States pulled the index deeper into the red. For more on the factors affecting European stocks, please click on: LIVE/

* UK CORPORATE DIARY: Spaceandpeople

SAL.L

Full year result Pennon Group Plc

PNN.L

Trading statement Hansteen Holdings

HSTN.L Full year result Quixant Plc

QXT.L

Full year result

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