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 index is seen opening down 71 points on Wednesday, according to financial bookmakers.

* COVID-19: Britain will open a temporary hospital next week at the ExCel exhibition centre in east London, health minister Matt Hancock said on Tuesday, as the country posted its biggest daily rise in coronavirus deaths. BRITISH RETAIL: With Britain in lockdown, supermarkets have started to limit the number of customers in stores at any one time to enforce social distancing. FINANCIAL RESULTS: More than four million British businesses will be able to apply for a three-month extension for filing their accounts so they can prioritise managing the impact of the coronavirus outbreak, the government announced on Wednesday. GOLD: Gold prices inched up in volatile trade on Wednesday, as growing hopes for a massive U.S. economic stimulus package offset liquidation by investors looking for cash and to cover losses in other assets. OIL: Oil prices extended gains for a third session on Wednesday, rising alongside broader financial markets on hopes Washington will soon approve a massive aid package. The UK blue-chip index .FTSE closed up 9.1% on Tuesday as the index saw its best day since the huge swings of the 2008 financial crash on Tuesday, retracing some of the past week's losses as massive stimulus efforts globally calmed investors. UK CORPORATE DIARY:

Frontier IP

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Ergomed PLC


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* For more on the factors affecting European stocks, please click on: LIVE/


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