UK Stocks-Factors to watch on March 17

Reuters · 03/17/2021 05:19
UK Stocks-Factors to watch on March 17

- Britain's FTSE 100 .FTSE index is seen opening 1 point lower at 6,793 on Wednesday, according to financial bookmakers.


* 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.nL4N2LE42G

* CAPITA: Capita CPI.L on Wednesday will unveil a fresh restructuring of the embattled outsourcer, along with a plan to raise 400 million pounds from a string of disposals, Sky News reported on Tuesday.nL1N2LE2LO

* 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.nL1N2LE1SX

* CLIMATE: Britain plans to invest 1 billion pounds to cut emissions from industry, schools and hospitals, it said on Wednesday.nL8N2LE69Q

* GOLD: Gold prices edged up on to hover near their highest in more than two weeks on prospects of higher inflation.nL4N2LF0S4

* OIL: Oil prices slipped for a fourth day on worries about rocky demand in Europe.nL4N2LF03F

* 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.nL4N2LE2C7


* UK CORPORATE DIARY:


Capita

CPI.L

FY results

Ferrexpo

FXPO.L

FY results

Dignity

DTY.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;))