Get 40% Off
These stocks are up over 10% post earnings. Did you spot the buying opportunity? Our AI did.Read how

UPDATE 1-UK Stocks-Factors to watch on March 22

Published 03/22/2021, 03:55 PM
Updated 03/22/2021, 04:00 PM
© Reuters.

(Adds futures, news items)
March 22 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 3
points lower at 6,705 on Monday, according to financial bookmakers, with futures
.FFIc1 down 0.41% ahead of the cash market open.

* DELIVEROO: Deliveroo said its upcoming initial public offering in London
will value the company at up to 8.8 billion pounds. * ASTRAZENECA: AstraZeneca (NASDAQ:AZN) AZN.L and Oxford University's COVID-19 vaccine
was 79% effective in a large U.S. trial at preventing symptomatic illness, the
drugmaker said. Separately, University of Oxford said phase three trials
conducted in the U.S., Chile and Peru have shown that COVID-19 AstraZeneca
vaccine is safe and highly effective. * KINGFISHER: Kingfisher KGF.L reported a 44% jump in full-year
profit. * CENTAMIN: Centamin's CEY.L annual pretax profit nearly doubled as gold
prices surged during the COVID-19 crisis. * PENGUIN RANDOM HOUSE: Britain's competition watchdog said it is
investigating whether Penguin Random House's $2.18 billion takeover of Simon &
Schuster may reduce competition. * BP: BP 's BP.L output at its projects in Azerbaijan totalled 3.9 million
tonnes in January to February, the energy ministry said on Saturday. * COVID-19: Britain said it would remind the European Union of its
commitment to allow vaccine manufacturers to fulfil orders, including the export
of shots to Britain, after speculation of a vaccine trade war heated
up. * TRAVEL: Holidays abroad are "extremely unlikely" for most Britons this
summer due to the risk of importing new variants of COVID-19, a scientist who
advises the government said on Saturday, leaving airlines and travel companies
bracing for a second lost peak season. * GOLD: Gold prices slipped as investors opted for alternative safe-haven
assets such as the U.S. dollar and bonds. * OIL: Oil prices resumed their decline, falling around 1% as worries about
a drop in demand for fuel products in the wake of yet more European lockdowns
dominated trading. * The UK blue-chip index .FTSE closed 1.1% lower on Friday, as a retreat
in U.S. Treasury yields weighed on bank stocks. 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

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

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.