UK Stocks-Factors to watch on Feb. 24

  • Reuters
  • Stock Market News
UK Stocks-Factors to watch on Feb. 24
Credit: © Reuters.

Feb 24 - Britain's FTSE 100 .FTSE index is seen opening 92 points lower at 7,312 on Monday, according to financial bookmakers.

* HSBC: UniCredit Chief Executive Jean Pierre Mustier has ruled himself out of a switch to European rival HSBC HSBA.L , a source with knowledge of the matter told Reuters on Sunday. COUNTRYWIDE/LSL PROPERT SERVICES: Countrywide CWD.L and LSL Property Services LSL.L , two of UK's largest real estate agents, are in talks for an all-share deal valued at about 500 million pounds ($648.20 million), Sky News reported on Sunday. OIL: Oil prices tumbled nearly 3% towards a one-week low as the rapid spread of the coronavirus in several countries outside China left investors fretting about a hit to demand. O/R

* GOLD: Gold prices climbed more than 2% to their highest level since February 2013, as a spike in infections in several countries outside China heightened worries about a hit to global economic growth, prompting a flight to safe havens. The UK blue-chip index .FTSE closed 0.4% down on Friday as investors took measures to reduce their exposure to perceived risky assets as the coronavirus continued to spread, while a buyout offer powered real estate investment firm Daejan Holdings DJAN.L to an all-time high. UK CORPORATE DIARY:

Quartix Holdings

QTX.L

Full Year Results Ascential

ASCL.L Full Year Results Bunzl (LON: BNZL )

BNZL.L Full Year Results Dechra Pharmaceuticals

DPH.L

Half Year Results Finsbury Food Group

FIF.L

Half Year Results Tristel

TSTL.L Half Year Results

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

TODAY'S UK PAPERS

> Financial Times

PRESS/FT

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PRESS/GB

($1 = 0.7714 pounds)

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