UK Stocks-Factors to watch on March 16

Reuters · 03/16/2021 05:54
UK Stocks-Factors to watch on March 16

- Britain's FTSE 100 .FTSE index is seen opening 36 points higher at 6,785 on Tuesday, according to financial bookmakers.


* WIZZ AIR: Wizz Air's WIZZ.L largest shareholder, Indigo Partners LLC, is planning to sell up to 400 million pounds worth of shares in the Hungarian low-cost airline, Barclays Bank said on Monday. nL4N2LD47Y

* ASTRAZENECA: Results of AstraZeneca's AZN.L U.S. COVID-19 vaccine trial are being reviewed by independent monitors, and emergency authorization could come in about a month, a top U.S. official said on Monday. Separately, the European medicines regulator said it would hold a meeting this week on the information gathered into whether the AstraZeneca AZN.L COVID-19 vaccine contributed to thromboembolic events in those inoculated. nL1N2LD271nL4N2LD447

* BREXIT: The European Union launched legal action against Britain on Monday for unilaterally changing trading arrangements for Northern Ireland that Brussels says breach the Brexit divorce deal agreed with London last year.nL8N2LD4H4

* GOLD: Gold prices were subdued as investors watched for a U.S. Federal Reserve meeting to tackle concerns over inflation and bond yields.nL1N2LE049

* OIL: Oil prices fell as concerns about rising stockpiles in the United States added to the threat to demand posed by countries including Germany and France halting COVID-19 vaccinations. nL4N2LE0IV

* The UK blue-chip index .FTSE closed 0.2% lower on Monday as weakness in commodities-linked stocks offset initial gains. nL4N2LD2CS


* UK CORPORATE DIARY:

Antofagasta

ANTO.L

FY results

John Wood Group

WG.L

FY results

Ferguson

FERG.L

FY results

Just Group

JUSTJ.L

FY results

Unite Group

UTG.L

FY results

Computacenter

CCC.L

FY results

Close Brothers Group

CBRO.L

FY results

Greggs

GRG.L

FY results


* 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


(Reporting by Priyanshi Mandhan in Bengaluru)

((Priyanshi.Mandhan@thomsonreuters.com; +91 9650985606;))