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UK Stocks-Factors to watch on Sept 18

Published 09/18/2019, 01:31 PM
Updated 09/18/2019, 01:40 PM
UK Stocks-Factors to watch on Sept 18

Sept 18 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 12
points lower at 7,309 on Wednesday, according to financial bookmakers.

* DIAGEO: Diageo Plc DGE.L averted a planned strike on Tuesday at Scottish
distilleries after reaching an agreement on worker pay with the GMB and Unite
unions, a representative for the company said. * BAE SYSTEMS: Britain's BAE Systems BAES.L said on Tuesday it has won a
$318 million contract from the United States Army in order to upgrade M88
recovery vehicles to the M88A3 configuration. * WIZZ AIR: The boss of Hungarian low-cost airline Wizz Air WIZZ.L said he
did not expect Brexit to disrupt his operations, and that it could actually
present an opportunity to grow as competitors fall away. * BP: BP Plc BP.L was raising production on the large crude distillation
unit (CDU) at its 430,000 barrel-per-day (bpd) Whiting, Indiana, refinery on
Tuesday following a minor upset, said sources familiar with plant operations.
* SHELL NIGERIA: Shell Petroleum Development Company of Nigeria declared
force majeure on exports of Bonny Light crude oil, it said in a statement sent
to Reuters on Tuesday.
* OIL: Oil prices slipped on Wednesday, extending losses from the previous
session after Saudi Arabia's energy minister said the kingdom will restore lost
oil production by the end of the month. * GOLD: Gold prices were little changed on Wednesday amid cautious mood as
investors awaited cues on the U.S. central bank's stance on monetary easing,
while a drop in crude prices dented demand for safe-haven bullion. * The UK blue chip index closed marginally down at 0.01% ON Tuesday as
losses in oil major BP, triggered by a report that Saudi Arabia's output could
be back up quicker than expected, were countered by gains in so-called defensive
sectors. UK CORPORATE DIARY:
Yu Group PLC YU.L Half Year Yu Group PLC Earnings
Warpaint London PLC W7L.L Half Year Warpaint London PLC Earnings
Strix Group PLC KETL.L Half Year Strix Group PLC Earnings
Avingtrans PLC AVG.L Full Year Avingtrans PLC Earnings
Judges Scientific PLC JDG.L Half Year Judges Scientific PLC Earnings
Pan African Resources PLC PAFR.L Full Year Pan African Resources Earnings
Kingfisher PLC KGF.L Half Year Kingfisher PLC Earnings
Pendragon PLC PDG.L Half Year Pendragon PLC Earnings
* For more on the factors affecting European stocks, please click on:
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TODAY'S UK PAPERS
> Financial Times PRESS/FT
> Other business headlines PRESS/GB

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