UK Stocks-Factors to watch on March 12

  • Reuters
  • Stock Market News
 UK Stocks-Factors to watch on March 12
Credit: © Reuters.

March 12 (Reuters) - Britain's FTSE 100 .FTSE is seen opening 1 point higher at 7,131 on Tuesday, according to financial bookmakers.

* INTERSERVE: Troubled British outsourcer Interserve IRV.L has been in talks with lenders and its top investor Coltrane Asset Management, seeking to win Coltrane's support for a restructuring plan ahead of a deciding shareholder vote on Friday. LAND COMPANY: British Land Company Plc BLND.L said on Monday John Gildersleeve would retire as chairman at the real estate firm's annual general meeting this year, after six years in the role. BP: Energy group BP BP.L is set to sell a new very low sulphur fuel oil (VLSFO) ahead of a ban on more polluting fuels for the shipping industry coming into force next year, it said on Monday. GOLD: Gold rose on Tuesday as the dollar weakened after the European Commission agreed to amendments to the UK's Brexit deal, although gains were limited as the agreement also buoyed sentiment for riskier assets. OIL: Oil prices rose on Tuesday, lifted by healthy demand and output cuts led by producer group OPEC. The UK blue chip index closed 0.37 percent up at 7130.62 on Monday with financial stocks shrugging off fears of a potentially disruptive no-deal divorce while mining companies found their support from higher zinc prices. For more on the factors affecting European stocks, please click on: LIVE/

* UK CORPORATE DIARY: Non-Standard Finance


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