Get Premium Data for Cyber Monday: Up to 55% Off InvestingProCLAIM SALE

UPDATE 1-UK Stocks-Factors to watch on Aug 27

Published 27-08-2019, 12:17 pm
© Reuters.  UPDATE 1-UK Stocks-Factors to watch on Aug 27
UK100
-
SHEL
-
AZN
-
CPRC
-
DMGOa
-
IWG
-
UK100
-
GLEN
-
SU
-
ENB
-
VRSK
-

(Adds news items, futures)

Aug 27 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening down 10 points at 7,085 on Tuesday, according to financial bookmakers, with futures FFIc1 down 0.5% ahead of the cash market open.

* ASTRAZENECA: AstraZeneca Plc AZN.L said the U.S. Food and Drug Administration granted fast track status for the development of its diabetes drug Farxiga to prevent heart and kidney failure in patients with long-term kidney disease. CARPETRIGHT: Britain's biggest floor coverings retailer Carpetright CPRC.L said its 40.7 million pound revolving credit facility will be bought by its biggest shareholder Meditor European Master Fund from its lenders NatWest and AIB. HUAWEI: Britain will make a decision on whether to allow China's Huawei equipment to be used in its 5G networks in the autumn, the digital minister Nicky Morgan said. SHELL: Suncor Energy Inc SU.TO and Shell Canada Ltd, a unit of Royal Dutch Shell Plc RDSa.L , have asked Canada's energy regulator to urgently review Enbridge Inc's ENB.TO proposal to switch to fixed contracts on its Mainline pipeline system, arguing the changes would be an abuse of Enbridge's market power. GLENCORE: Argentina's opposition candidate Alberto Fernandez met with mining companies including representatives from Glencore Plc GLEN.L on Monday in capital Buenos Aires to discuss his plans for the sector, two sources who attended the meeting said. Publisher Daily Mail and General Trust DMGOa.L said on Monday it had agreed to sell its energy information business Genscape to data analytics provider Verisk Analytics VRSK.O for $364 million, as the publisher looks to focus more on its portfolio. British office space provider IWG Plc IWG.L is planning to list its U.S. arm in New York for three billion pounds ($3.68 billion), Sky News reported on Saturday. British Airways pilots are to go on strike for three days in September, their union said on Friday, in a dispute over pay that could disrupt the peak summer holiday season. OIL: Oil prices rose on Tuesday after U.S. President Donald Trump predicted a trade deal with China after positive comments by Beijing, calming nerves after a round of tit-for-tat tariff hikes had sent markets reeling. GOLD: Gold prices were largely steady on Tuesday, retreating from an over six-year peak hit in the previous session, as U.S. President Donald Trump signalled a possible reconciliation with China, calming worries about an escalation in their trade war. London's main share index handed back its early gains to end 0.5% lower on Friday after U.S. President Donald Trump's tweeted "order" that U.S. companies shut operations in China, which dragged internationally exposed miners and banks into the red. 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.