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UK Stocks-Factors to watch on Feb. 24

Published 02/24/2020, 01:10 PM
Updated 02/24/2020, 01:16 PM
UK Stocks-Factors to watch on Feb. 24

Feb 24 - Britain's FTSE 100 .FTSE index is seen opening 92 points lower at
7,312 on Monday, according to financial bookmakers.

* HSBC: UniCredit Chief Executive Jean Pierre Mustier has ruled himself out
of a switch to European rival HSBC HSBA.L , a source with knowledge of the
matter told Reuters on Sunday. * COUNTRYWIDE/LSL PROPERT SERVICES: Countrywide CWD.L and LSL Property
Services LSL.L , two of UK's largest real estate agents, are in talks for an
all-share deal valued at about 500 million pounds ($648.20 million), Sky News
reported on Sunday. * OIL: Oil prices tumbled nearly 3% towards a one-week low as the rapid
spread of the coronavirus in several countries outside China left investors
fretting about a hit to demand. O/R
* GOLD: Gold prices climbed more than 2% to their highest level since
February 2013, as a spike in infections in several countries outside China
heightened worries about a hit to global economic growth, prompting a flight to
safe havens. * The UK blue-chip index .FTSE closed 0.4% down on Friday as investors
took measures to reduce their exposure to perceived risky assets as the
coronavirus continued to spread, while a buyout offer powered real estate
investment firm Daejan Holdings DJAN.L to an all-time high. UK CORPORATE DIARY:
Quartix Holdings QTX.L Full Year Results
Ascential ASCL.L Full Year Results
Bunzl BNZL.L Full Year Results
Dechra Pharmaceuticals DPH.L Half Year Results
Finsbury Food Group FIF.L Half Year Results
Tristel TSTL.L Half Year 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


($1 = 0.7714 pounds)

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