UK Stocks-Factors to watch on Sept. 9

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UK Stocks-Factors to watch on Sept.9 Sept 9 (Reuters) – Britain’s FTSE 100 index is seen opening up 22points to 7,304 on Monday, according to financial bookmakers, with futures trading up 0.3% at 7307.* BRITISH AIRWAYS: British Airways pilots began a 48-hour strike on Monday,grounding most of the airline’s flights and disrupting thousands of travellers’plans…

imageUK Stocks-Factors to watch on Sept.9 Sept 9 (Reuters) – Britain’s FTSE 100 index is seen opening up 22points to 7,304 on Monday, according to financial bookmakers, with futures trading up 0.3% at 7307.* BRITISH AIRWAYS: British Airways pilots began a 48-hour strike on Monday,grounding most of the airline’s flights and disrupting thousands of travellers’plans in unprecedented industrial action over a pay dispute.* BREXIT: Prime Minister Boris Johnson is sticking to his Brexit plan andwill not seek a delay to Britain’s departure from the European Union at a summitnext month, two ministers said on Sunday despite the latest resignation from hisgovernment.* OIL: Oil rose on Monday on expectations that Saudi Arabia, the world’slargest oil exporter, will continue to support output cuts by OPEC and otherproducers to prop up prices under new Energy Minister Prince Abdulaziz binSalman.* GOLD: Gold prices edged higher on Monday, after falling nearly 1% in theprevious session, on expectations of monetary policy easing by the world’s majoreconomies amid soft economic data, although an uptick in equities limited gains.* The UK blue chip index closed up 0.2% at 7282.34 points as a new stimulusplan from China helped support sentiment after U.S.jobs data disappointed andhousebuilder Berkeley gained after pointing to robust conditions in key Britishmarkets despite Brexit uncertainties.

Associated British Foods ABF.L Trading Update Medica group PLC MGPM.L Half Year Results Diaceutics PLC DXRX.L Half Year Results Abcam PLC ABCA.L Full Year Results * For more on the factors affecting European stocks, please click on: TODAY’S UK PAPERS (Reporting by Indranil Sarkar in Bengaluru) 2019-09-09 07:30:32
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