UPDATE 1-UK Stocks-Factors to watch on March 5

  • Reuters
  • Stock Market News
UPDATE 1-UK Stocks-Factors to watch on March 5

(Adds futures, news items)

March 5 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening open 58 points lower at 6,593 on Friday, according to financial bookmakers, with futures .FFIc1 down 0.7% ahead of the cash market open.

* LSE: London Stock Exchange Group LSEG.L posted steady full year results for 2020, announcing a 7% dividend increase as integration of its $27 billion acquisition of data and analytics company Refinitiv stepped up a gear. AGGREKO: British equipment rental company Aggreko AGGK.L said it was recommending a 2.32 billion pounds buyout offer from private equity firms TDR Capital LLP and I Squared Capital. FCA: Britain's Financial Conduct Authority called a formal end to nearly all Libor rates on December 31 as anticipated, piling pressure on markets to complete their biggest change in decades. EMISSIONS: Britain still has not set out a plan on how it will meet its climate target of net zero emissions by 2050, almost two years after setting the goal in law, a parliamentary watchdog said. VACCINE: The European Union is planning to extend its export authorisation scheme for COVID-19 vaccines to the end of June, two EU sources told Reuters on Thursday, as a shipment of AstraZeneca (LON: AZN ) shots from the EU to Australia was blocked. ASTON MARTIN: Aston Martin boss Lawrence Stroll has big plans for Formula One team and brand. The Canadian billionaire, who made his fortune in fashion, told Reuters the introduction of a budget cap this season and a fairer distribution of revenues could make the dream come true. GOLD: Gold declined to a near nine-month low and was set for a third straight weekly decline, as the dollar and bond yields rose after Federal Reserve Chair Jerome Powell's remarks that the rise in yields were not "disorderly." OIL: Oil prices rose, extending gains from the previous session, after OPEC and its allies agreed not to increase supply in April as they await a more substantial recovery in demand amid the COVID-19 pandemic. METALS: Most base metals fell, with London nickel set for its worst week in 9-1/2 years, as a firm dollar made greenback-priced metals more expensive to holders of other currencies. London's FTSE 100 fell on Thursday, snapping three days of gains as most sectors dropped on concerns over higher Treasury yields and inflation, while major miners traded ex-dividend. For more on the factors affecting European stocks, please click on: LIVE/

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