UK Stocks-Factors to watch on Sept 16

  • Reuters
  • Stock Market News
UK Stocks-Factors to watch on Sept 16
Credit: © Reuters.

Sept 16 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 30 points lower at 7,338 on Monday, according to financial bookmakers

* COBHAM: U.S. private equity firm Advent International is set to clinch its 4 billion pound ($4.99 billion) takeover of defence and aerospace group Cobham Plc COB.L after Advent received support from more than 75% of shareholders, the Financial Times reported on Friday. FIRSTGROUP: Britain's FirstGroup FGP.L is pursuing potential options for the separation of its UK First Bus business, a company spokesman said on Sunday. CENTRICA: A consortium of infrastructure funds led by Dalmore is in advanced talks to buy a stake in Britain's nuclear power stations from EDF Energy EDF.PA and Centrica Plc CNA.L for about 1.2 billion pounds ($1.50 billion), Sky News reported on Saturday. OIL: Oil prices surged on Monday, with Brent crude posting its biggest intra-day percentage gain since the start of the Gulf War in 1991, after an attack on Saudi Arabian oil facilities on Saturday shut in the equivalent of 5% of global supply. GOLD: Gold prices jumped 1% on Monday as an attack on Saudi Arabia's oil facilities dented risk appetite, boosting demand for the safe-haven bullion, while investors awaited for clues on monetary easing from major central bank meetings due this week. The UK blue chip index closed up 0.3% on Friday as optimism that a no-deal Brexit could be avoided spurred a rally in stocks with domestic exposure, overpowering losses in blue-chip exporter stocks that were hit by a stronger sterling. UK CORPORATE DIARY:


Petra Diamonds

FY Results SPI.L

Spire Healthcare HY Results

* For more on the factors affecting European stocks, please click on: LIVE/


> Financial Times


> Other business headlines

PRESS/GB ($1 = 0.8021 pounds)

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or