Unlock Premium Data: Up to 50% Off InvestingProCLAIM SALE

UPDATE 1-UK Stocks-Factors to watch on Aug. 17

Published 08/17/2020, 02:35 PM
Updated 08/17/2020, 02:40 PM
© Reuters.
UK100
-
AMZN
-
TSCO
-
ULVR
-
CWK
-

(Adds company news items and futures)
Aug 17 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 4 points
lower at 6,086 on Monday, according to financial bookmakers, with futures down
0.2% ahead of cash markets open.

* CRANSWICK: Meat processor Cranswick Plc CWK.L said its revenue for the
first quarter rose 25%, bolstered by higher demand for its products during the
coronavirus crisis. * UNILEVER: Unilever 's ULVR.L German food company Knorr will rename its
popular "Zigeuner" - or gypsy - sauce as Hungarian-style paprika sauce after
complaints that the name is offensive, becoming the latest brand to shift after
a wave of protests over racism. * TESCO: U.K.-based retailer Tesco PLC TSCO.L will offer free grocery
delivery in a bid to head off Amazon.com's AMZN.O attempt to break into the
British online grocery market, according to the Telegraph. * GOLD: Gold eased on Monday, extending a sell-off that left the market with
its worst week in five months as caution crept in ahead of the release of U.S.
Federal Reserve minutes later this week. * OIL: Oil prices rose on Monday as China's plans to ship in large volumes
of U.S. crude in August and September outweighed concerns over a slowdown in
demand recovery after the coronavirus pandemic and an uptick in supplies.
* METALS: Nickel prices advanced on Monday, with Shanghai nickel set for its
third straight session of gains, as ore output from top exporter the Philippines
slumped in the first half of 2020 due to the COVID-19 crisis. * The UK blue-chip index .FTSE fell 1.6% on Friday as travel stocks
tumbled after Britain imposed new quarantine measures on travellers from France
and other countries, while disappointing data from around the world raised
worries of a delayed global economic rebound. 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

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.