🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

UPDATE 1-UK Stocks-Factors to watch on Sept 8

Published 09/08/2020, 02:57 PM
Updated 09/08/2020, 03:00 PM
© Reuters.
UK100
-
HFD
-
TPK
-
MGGT
-
IPF
-
UK100
-
JD
-
MCB
-
IDSI
-

(Adds futures, news items)
Sept 8 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 5 points
higher at 5,942 on Tuesday, according to financial bookmakers, with futures
FFIc1 seen up 0.4% ahead of cash market open.

* ROYAL MAIL: Royal Mail RMG.L raised its revenue target for the current
year, driven by a jump in online shopping parcel volumes. * INTERNATIONAL PERSONAL FINANCE: International Personal Finance IPF.L
said there is a "material uncertainty" around its ability to continue as a going
concern after posting a loss and given the upcoming maturity of a eurobond.
* TRAVIS PERKINS: Travis Perkins TPK.L said first-half adjusted operating
profit plunged 80.9% as it delivered fewer products amid coronovirus-driven
building site closures earlier in the year. * JD SPORTS: JD Sports JD.L reinstated its annual guidance saying it was
encouraged by its performance since stores reopened. * MCBRIDE: McBride Plc MCB.L reported a 32% slump in full-year profit, as
the cleaning products maker dealt with a drop in demand for its laundry
products. * HALFORDS: Halfords HFD.L said underlying sales of cycling goods surged
59.1% in the 20 weeks to Aug. 21, as people continued to shy away from public
transport during the coronavirus pandemic. * MEGGITT: British aerospace supplier Meggitt MGGT.L said it would not pay
an interim dividend to preserve cash to weather the coronavirus crisis.
* BORSA ITALIANA: Bidders for Italian stock market Borsa Italiana have
valued it at between 3.3 and 3.7 billion euros, Italian daily MF wrote, citing
market sources. * BREXIT: Britain's trade talks with the European Union would be rendered
"null and void" if the Brexit withdrawal agreement it signed up to is not
implemented in full, Irish Prime Minister Micheal Martin was quoted as saying on
Tuesday. * OIL: Oil prices fell amid concerns that a possible rise in COVID-19 cases
following the U.S. Labor Day long weekend. * GOLD: Gold prices slipped on Tuesday, weighed down by a stronger U.S.
dollar, but the safe-haven metal's decline was limited by growing fears over the
global economic recovery from the coronavirus crisis. * The UK blue-chip index .FTSE ended 2.4% higher on Monday as Astrazeneca
and GlaxoSmithKline rose on news about their respective COVID-19 vaccines.
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.