UK Stocks-Factors to watch on March 2

  • Reuters
  • Stock Market News
UK Stocks-Factors to watch on March 2
Credit: © Reuters.

March 2 - Britain's FTSE 100 .FTSE index is seen opening 116 points higher at 6,697 on Monday, according to financial bookmakers.

* NMC HEALTH: NMC Health NMC.L , the UAE healthcare company, has hired Moelis & Co MC.N to advise on a debt restructuring, three sources familiar with the matter said on Sunday. OIL: Oil prices pared losses after earlier hitting multi-year lows as hopes that a bigger than expected production cut from OPEC and stimulus from central banks could offset economic gloom from the coronavirus outbreak. O/R

* GOLD: Gold rose more than 1%, recouping losses from a steep slide in the previous session, amid the fast-spreading coronavirus and hopes for a rate cut by the U.S. Fed. London's FTSE 100 .FTSE dropped to its lowest level since June 2016 on Friday as investor fears that the coronavirus outbreak could spark a global recession intensified. UK CORPORATE DIARY:

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SNR.L Full Year Results Johnson Service Group JSG.L Full Year Results Countrywide

CWD.L Full Year Results Hiscox

HSX.L Full Year Results

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

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