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UK Stocks-Factors to watch on March 9

Published 03/09/2020, 01:20 PM
Updated 03/09/2020, 01:24 PM
UK Stocks-Factors to watch on March 9
UK100
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TSCO
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STUS
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JCH
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NMC
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CWD
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WIZZ
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March 9 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening down
419 points on Monday, according to financial bookmakers.
* COVID-19: Britain on Sunday advises citizens against all but essential
travel to a number of areas in northern Italy because of the spread of
coronavirus there. * WIZZ AIR: A Wizz Air WIZZ.L press conference in Abu Dhabi scheduled for
Tuesday, where Chief Executive Jozsef Varadi was due to attend, has been
cancelled due to the coronavirus, organisers said on Sunday.
* TESCO: British retailer Tesco TSCO.L is set to assess bids by Thai
billionaires for its Asian business on Sunday, a potential deal which could be
worth just over $10 billion, four banking sources with knowledge of the matter
said. * BRITISH INSURERS: Insurers are expected to pay policyholders an estimated
363 million pounds ($471.79 million) for flood and wind damage from two storms
in Britain last month, the Association of British Insurers said on Saturday.
* OIL: Oil prices plummeted around 30% on Monday, with U.S. oil heading for
its biggest loss on record, after Saudi Arabia slashed prices and set plans for
a dramatic increase in crude production in April. * GOLD: Gold prices rose above the $1,700 per ounce level on Monday for the
first time in more than seven years, after a stock market rout due to concerns
over a widening coronavirus outbreak and its economic impact drove investors
towards safe-haven assets. * The UK blue-chip index .FTSE closed down 3.6% on Friday as growing
economic risks from the coronavirus outbreak fuelled investor worries and added
to the sell-off on global stock markets. Fears about the virus also sparked a
flight to the safety of bonds. UK CORPORATE DIARY:
NMC Health PLC NMC.L Q4 2019 Earnings
JPMorgan JCH.L Full Year Earnings
Claverhouse
Investment
Trust
Abcam PLC ABCA.L Half Year 2020 Earnings
Endeavour EDV.TO Q4 2019 Earnings
Mining Corp
Countrywide PLC CWD.L Full Year 2019 Earnings
Studio Retail STUS.L Trading Statement
Group PLC

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* 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

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