Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

UPDATE 1-UK Stocks-Factors to watch on Sept. 15

Published 15/09/2020, 06:50
Updated 15/09/2020, 06:56
© Reuters.

Sept 15 (Reuters) - Britain's FTSE 100 (.FTSE) index is seen opening six points higher at 6,032 on Tuesday, according to financial bookmakers, with futures up 0.11% ahead of cash market open.

Chemring Group: British defence contractor Chemring Group (CHG.L) said it expects to meet the upper end of current analyst expectations for the full year, driven by strong performance in its sensors and information business.

Mitie Group/Interserve: Britain's competition watchdog said it was investigating whether outsourcer Mitie Group 's (MTO.L) deal to buy rival Interserve (LON:IRV)'s support services arm could lead to lessening of competition in the UK.

Domino's Pizza: Domino's Pizza Group (DOM.L) said on Tuesday it was creating 5,000 new jobs in the UK, including chefs and delivery drivers, on top of the 6,000 jobs it had created since the start of the coronavirus pandemic.

Ocado Group: Ocado Group OCDO.L , the British online supermarket and technology group, said on Tuesday Ocado Retail's revenue rose 52% in the 13 weeks to Aug. 30, with the coronavirus pandemic generating huge demand for online deliveries.

AstraZeneca: AstraZeneca's (AZN.L) COVID-19 vaccine trial remains on hold in the United States pending a U.S. investigation into a serious side effect in Britain even as other trials of the vaccine resume, sources familiar with the details told Reuters.

G4S: Britain's G4S (GFS.L) said on Monday it had rejected a 2.95 billion pound offer from Canadian security firm GardaWorld, saying it was "highly opportunistic".

Gold: Gold prices rose on Tuesday as the dollar remained subdued, with investors turning their focus to a U.S. Federal Reserve monetary policy meeting, seeking details of its plans on inflation targeting.

Oil: Oil prices slipped on Tuesday as worries over slow recovery in global fuel demand were reinforced by warnings by major oil producers, but short-covering ahead of a meeting later this week of OPEC and its allies, known as OPEC+, limited losses.

The UK blue-chip index (.FTSE) shed 0.1% on Monday, as the prospect of waning demand weighed on heavyweight energy stocks, while security firm G4S propped up the midcap index after it rejected a takeover from Canadia's GardaWorld.

UK corporate diary:

Eve Sleep Plc (EVEE.L) HY results
Ocado Plc (OCDO.L) Q3 trading statement
Marshalls Plc (MSLH.L) HY results
Polypipe Group Plc (PLP.L) HY results
Jtc Plc (JTC.L) HY results

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.