UPDATE 1-UK Stocks-Factors to watch on Aug 30

  • Reuters
  • Stock Market News
UPDATE 1-UK Stocks-Factors to watch on Aug 30
Credit: © Reuters.

(Adds news items, futures)

Aug 30 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 11 points lower at 7,553 on Thursday, according to financial bookmakers, with futures FFIc1 down 0.15 percent ahead of the cash market open.

* SSE/NPOWER: Britain's competition regulator on Thursday approved the merger between the retail power units of energy companies SSE SSE.L and Innogy's IGY.DE Npower. HAYS: British recruitment company Hays Plc HAYS.L on Thursday declared a special dividend and boosted its full-year dividend by 18 percent, as it reported higher annual profit thanks to stronger growth in Germany, Australia and the United Kingdom. HUNTING: Oilfield services provider Hunting Plc HTG.L on Thursday reinstated its dividend and reported a profit for the first half of 2018, as it saw stronger demand on the back of rising crude prices. CHESNARA: Pension and life insurance administrator Chesnara Plc's CSN.L profit before tax halved year-on-year in the six months to June, the company said on Thursday, saying its Scildon business had been hurt by losses on Italian bonds. SKY: Activist hedge fund Elliott believes Walt Disney's DIS.N deal to buy assets from Twenty-First Century Fox FOXA.O has valued Sky SKYB.L at more than $34 billion, higher than any of the current offers for the British broadcaster, Britain's takeover regulator disclosed on Wednesday. ASTRAZENECA: The U.S. Food and Drug Administration said on Wednesday a serious genital infection has been reported in patients taking SGLT2 inhibitors, a certain class of diabetes drugs approved for AstraZeneca Plc AZN.L and several other firms. GULF KEYSTONE PETROLEUM: Activist hedge fund Taconic Capital Advisors said on Wednesday that it would sell a 3.55 percent stake in Iraq-based oil producer Gulf Keystone Petroleum Ltd GKP.L . EX-DIVS: Intercontinental Hotel Group IHG.L , St James's Place SJP.L will trade without entitlement to their latest dividend pay-out on Thursday, trimming 0.58 points off the FTSE 100 according to Reuters calculations. The UK blue chip index closed down 0.7 percent at 7,563.21 points on Wednesday, under pressure from a bounce in the pound on the back of remarks from the European Union's chief negotiator Michel Barnier, who offered Britain close ties after Brexit. For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets Multimedia versions of Reuters Top News are now available for:

* For Top News : http://topnews.reuters.com

Add Chart to Comment

Comment Guidelines

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: 

  • Enrich the conversation
  • Stay focused and on track. Only post material that’s relevant to the topic being discussed.
  • Be respectful. Even negative opinions can be framed positively and diplomatically.
  •  Use standard writing style. Include punctuation and upper and lower cases.
  • NOTE: Spam and/or promotional messages and links within a comment will be removed
  • Avoid profanity, slander or personal attacks directed at an author or another user.
  • Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

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

Error: File type not supported

Drop an image here or

100
Please try another search