Q3 Earnings Alert! Plan early for this week’s stock reports with all key data in 1 placeSee list

UPDATE 1-UK Stocks-Factors to watch on March 4

Published 04-03-2020, 01:25 pm
Updated 04-03-2020, 01:31 pm
© Reuters.  UPDATE 1-UK Stocks-Factors to watch on March 4
UK100
-
XAU/USD
-
LGEN
-
GC
-
UK100
-
INTUP
-
DVO
-
POLYP
-
NMC
-
WIZZ
-
VVO
-

(Adds company news items, futures)

March 4 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 14 points lower at 6,704 on Wednesday, according to financial bookmakers, with futures .FFIc1 up 0.6% ahead of cash market open.

* DEVRO: Sausage-skin maker Devro DVO.L said on Wednesday its manufacturing plant in Nantong, China, was operating at normal capacity and had not faced labour or supply shortages, as it posted a marginally higher annual underlying pretax profit. INTU: Britain's Intu INTUP.L said on Wednesday it was scrapping its planned equity raise of between 1 billion pounds and 1.5 billion pounds ($1.92 billion), as uncertainties in equity and retail property markets prevented some investors from committing money into the debt-laden mall operator. WIZZ AIR: Wizz Air WIZZ.L has cut some flights, mainly to Italy, from March 11 and could further reduce capacity by about 10% in its next quarter after demand was affected by the coronavirus outbreak, it said on Wednesday. VIVO ENERGY: African fuel retailer Vivo Energy VVO.L said on Wednesday its annual adjusted core earnings rose 8%, as sales increased at its Engen and Shell-branded filling stations and the company continued to expand its network rapidly. LEGAL & GENERAL: British life insurer Legal & General LGEN.L posted a 12% rise in 2019 operating profit to 2.1 billion pounds ($2.69 billion) on Wednesday, boosted by record company pension deals. POLYMETAL: Polymetal POLYP.L , one of Russia's largest gold and silver producers, said on Wednesday its 2019 net earnings rose by 36% to a record high of $483 million due to stronger global gold prices and higher output. NMC HEALTH: NMC Health NMC.L founder BR Shetty is considering selling all or some of his Abu Dhabi-based pharmaceutical business Neopharma, which is valued at about $1 billion, two sources told Reuters on Tuesday. RYANAIR: Ryanair Chief Executive Michael O'Leary said on Tuesday he would welcome the "lunatics" of the Green Party entering government in Ireland as part of ongoing coalition talks as this would mean they would be forced to "confront reality". OIL: Oil prices rose more than 1% on expectations that major producers have moved closer to an agreement to enact deeper output cuts aimed at offsetting the slump in demand caused by the coronavirus outbreak. O/R

* GOLD: Gold prices rose, extending gains from a 3% rise in the previous session as the U.S. Federal Reserve slashed its benchmark interest rate to cushion the economic impact from the fast-spreading coronavirus. London's bluechip index rose for a second day on Tuesday, as the U.S. Federal Reserve cut interest rates to protect the U.S. economy from the impact of the coronavirus, marking the central bank's first emergency rate cut since the financial crisis. 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.