UPDATE 1-UK Stocks-Factors to watch on Sept. 28

  • Reuters
  • Stock Market News
UPDATE 1-UK Stocks-Factors to watch on Sept. 28
Credit: © Reuters.

(Adds news items, futures)

Sept 28 - Britain's FTSE 100 .FTSE index is seen opening 64 points higher at 5,906 on Monday, according to financial bookmakers with futures FFIc1 seen up 1.4% ahead of cash market open.

* BRITAIN COVID-19 RESTRICTIONS: The British government is mulling tougher restrictions in England to tackle a swiftly accelerating second wave of the novel coronavirus outbreak, possibly outlawing more inter-household socialising, a junior health minister said. WILLIAM HILL: U.S. casino operator Caesars Entertainment CZR.O said it was in advanced talks with William Hill WMH.L about a possible cash offer that values the British bookmaker at about 2.9 billion pounds ($3.70 billion). NUMIS: UK stockbroker and corporate adviser Numis Corp said it expects its full-year profit to be "materially higher" than last year as it benefits from a rise in capital raising volumes and deal fees. ROLLS-ROYCE: Rolls-Royce RR.L said on Friday no final decision had been made on allotting shares to potential investors, "including any sovereign wealth fund", as the British engineering firm was still reviewing all available funding options. PREMIER OIL: Premier Oil PMO.L is asking debt holders to extend a waiver on its borrowing terms beyond Sept. 30 while it tries to convince at least 75% of its creditors to back a plan to raise fresh equity, a source with knowledge of the matter said on Friday. GOLD: Gold edged up on Monday as the dollar slipped off a two-month peak it hit last week, due to caution as political uncertainty built ahead of the first presidential election debate between U.S. President Donald Trump and his Democratic rival Joe Biden. OIL: Oil prices dipped on Monday as rising coronavirus cases upset hopes for a smooth recovery in fuel demand, with the main crude benchmarks on track for their first monthly falls in multiple months after last week's slips. The UK blue-chip index .FTSE closed 0.3% lower on Friday, but a near 44% surge in bookmaker William Hill on takeover offers lifted consumer stocks on Friday, helping UK shares outperform European peers and end a tumultuous week on a high note. For more on the factors affecting European stocks, please click on: LIVE/


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