UPDATE 1-UK Stocks-Factors to watch on March 17

  • Reuters
  • Stock Market News
UPDATE 1-UK Stocks-Factors to watch on March 17
Credit: © Reuters.

(Adds futures, news items)

March 17 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 1 point lower at 6,793 on Wednesday, according to financial bookmakers, with futures .FFIc1 down 0.15% ahead of the cash market open.

* HARGREAVES LANSDOWN: Hargreaves Lansdown HRGV.L said its profit for the year ending June 30 should be "modestly" above analyst expectations due to high volumes of stock trading. CAPITA: Capita CPI.L unveiled a plan to reorganise its business into three divisions and raise 700 million pounds from selling non-core assets. SSP: SSP SSPG.L said it expects to raise 475 million pounds through a rights issue as the Upper Crust owner braces for a prolonged downturn in the travel industry. G4S (CSE: G4S ): The G4S GFS.L takeover saga finally came to an end on Tuesday after a majority of the security company's shareholders accepted a 3.8 billion pound offer from U.S. rival Allied Universal, snubbing hostile Canadian bidder GardaWorld. AIRLINES: A recovery in UK travel bookings appears undimmed by the suspension of AstraZeneca's AZN.L COVID-19 vaccine elsewhere in Europe, airlines said on Tuesday. SPECTRUM: Britain said it had auctioned a new tranche of airwaves to support 5G mobile for a total 1.36 billion pounds. GOLD: Gold prices edged up to hover near their highest in more than two weeks on prospects of higher inflation. OIL: Oil prices climbed as investors weighed a recovery in U.S. refinery activity. The UK blue-chip index .FTSE closed 0.8% higher on Tuesday following a clutch of upbeat company earnings, while AstraZeneca rose after the European medicine watchdog said it saw little reason to change its stance on the drugmaker's COVID-19 vaccine. For more on the factors affecting European stocks, please click on: LIVE/


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