UPDATE 1-UK Stocks-Factors to watch on April 12

  • Reuters
  • Stock Market News
UPDATE 1-UK Stocks-Factors to watch on April 12
Credit: © Reuters.

(Adds news items)

April 12 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Monday, with futures .FFIc1 down 0.3%.

* ASTRAZENECA: AstraZeneca AZN.L said a late-stage trial to test whether its diabetes drug Farxiga could treat patients hospitalised with COVID-19, who are at risk of developing serious complications, did not meet its main goals. HAMMERSON: Shopping centre operator Hammerson HMSO.L confirmed it was in talks on the possible sale of its retail parks portfolio to Canadian private equity player Brookfield Asset Management BAMa.TO . ASTRAZENECA: AstraZeneca AZN.L had a positive meeting with the European Commission last week, the Anglo-Swedish company said after an Italian newspaper said the group had not replied to an EU letter of complaint over COVID-19 vaccines within a 20-day deadline. ECONOMY: Confidence among big businesses in Britain about their profits in the year ahead has hit a record high, helped by the country's coronavirus vaccinations and hopes for less Brexit disruption, a survey of chief finance officers showed. TRADE DEAL: A group of lawmakers in the United Kingdom and a few business figures have formed an independent commission to improve Britain's trade deal with the European Union and the rest of the world, the Financial Times reported. GOLD: Gold prices fell on Monday, weighed down by firmer U.S. Treasury yields and dollar after better-than-expected U.S. economic data lifted prospects for higher inflation. OIL: Oil was little changed amid hopes that fuel demand is picking up in the U.S. as the summer driving season approaches and COVID-19 vaccinations there accelerate, although rising case numbers in other countries are keeping a lid on prices. London's FTSE 100 ended lower on Friday as heavyweight mining stocks tracked lower commodity prices, although the blue-chip index recorded its best weekly performance since early January on optimism about a recovery in the UK economy. For more on the factors affecting European stocks, please click on: LIVE/

TODAY'S UK PAPERS

> Financial Times

PRESS/FT

> Other business headlines

PRESS/GB

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