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 index is seen opening 13 points lower at 6,724 on Friday, according to financial bookmakers.

* BARCLAYS: A judge ruled Barclays (LON: BARC ) will have to pay its own 33 million pound legal bill despite winning a case against British businesswoman Amanda Staveley's PCP Capital Group over how the bank negotiated a financial lifeline during the credit crisis in 2008. ASTRAZENECA: Washington has told the European Union that it should not expect to receive AstraZeneca AZN.L COVID-19 vaccines manufactured in the United States any time soon, two EU sources said. Separately, in a document seen by Reuters, AstraZeneca AZN.L cut its supply forecast of COVID-19 vaccines to the European Union in the first quarter to about 30 million doses. INSURANCE: Motor insurance claims in Britain fell 19% in 2020 and rates stayed at a four-year low, as people undertook fewer journeys due to the COVID-19 pandemic, the Association of British Insurers said. GOLD: Gold prices retreated as firmer U.S. bond yields and a strong dollar weighed on the metal. OIL: Brent crude prices eased as production cuts by major oil producers constrained supply, with optimism about a recovery in demand for the resource in the second half of the year also lending support. The UK blue-chip index .FTSE closed 0.2% higher on Thursday as firmer commodity prices boosted mining and energy stocks, while HSBC traded ex-dividend and AstraZeneca sank on doubts over its COVID-19 vaccine. UK CORPORATE DIARY:

Hammerson

HMSO.L FY results Berkeley Group Holdings

BKGH.L Trading update

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

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