UPDATE 1-UK Stocks-Factors to watch on June 22

UPDATE 1-UK Stocks-Factors to watch on June 22

Reuters  | Jun 22, 2020 07:59

UPDATE 1-UK Stocks-Factors to watch on June 22

Britain's FTSE 100 (.FTSE) index is seen opening 26 points lower at 6,267 on Monday, according to financial bookmakers, with futures (FFIc1) down 1.09% ahead of cash markets open.

SAGA: Saga (LON:SAGA) (SAGA.L) reiterated its business struggles due to the coronavirus crisis and said it has refunded 44 million pounds of advance receipts so far to customers who had signed up to travel.

JD Sports: JD Sports Fashion (JD.L) said it has assessed a number of strategic options for outdoor clothing specialist Go Outdoors.

CINEWORLD: British cinema operator Cineworld (CINE.L) said it secured a $250 million debt facility from a group of private institutional investors.

DIAGEO: Diageo (DGE.L) said it would delay the publishing of its full-year report for fiscal 2020 by five days to give its auditors more time to prepare and review statements.

SHELL: China National Offshore Oil Corp has agreed to buy from Royal Dutch Shell (RDSa.L) two cargoes of liquefied natural gas with offset carbon emissions.

BOE: Bank of England Governor Andrew Bailey said the central bank should start to reverse its quantitative easing asset purchases before raising interest rates on a sustained basis.

BP : BP (BP.L) plans to produce an additional 500 million cubic feet of gas from Oman's Khazzan field, known as Ghazir, by the end of 2020, the state news agency quoted the company's Oman boss as saying on Saturday.

CAPITA: British outsourcing group Capita Plc (CPI.L) said on Friday it will sell its legal process software product Eclipse Legal Systems to Access UK Ltd.

TELECOM: British security officials have told UK telecom operators to ensure they have adequate stockpiles of Huawei equipment.

GLENCORE: Glencore Plc (GLEN.L) said on Friday the Office of the Attorney General of Switzerland has opened a criminal investigation into Glencore International AG.

AIRLINES: A legal challenge by British Airways (ICAG.L) , easyJet (EZJ.L) and Ryanair (RYA.I) against the UK government's decision to introduce a 14-day quarantine for travellers will be heard in early July.

OIL: Oil prices nudged higher on tighter supplies from major producers, but a record rise in global coronavirus cases raised concerns a recovery in fuel demand could stall, checking gains.

GOLD: Gold jumped to its highest in more than a month as investors sought the safe-haven metal after surging coronavirus cases intensified concerns over a delay in global economic recovery.

The UK blue-chip index (.FTSE) closed up 1.1% on Friday, as a sharp rebound in retail sales in May bolstered hopes of a swift economic recovery from a pandemic-driven slump.

UK CORPORATE DIARY:

Polar Capital Holdings POLR.L Earnings Releases

* 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

Related News

Latest comments

Add a Comment
Please wait a minute before you try to comment again.
Richard Wheeler
Richard Wheeler

now full awareness to coronavirus we should be able to move forward and start the new normal with businesses making money  ... (Read More)

Jun 22, 2020 11:55 GMT· Reply
Discussion
Write a reply...
Please wait a minute before you try to comment again.

Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

English (USA) English (India) English (Canada) English (Australia) English (South Africa) English (Philippines) English (Nigeria) Deutsch Español (España) Español (México) Français Italiano Nederlands Português (Portugal) Polski Português (Brasil) Русский Türkçe ‏العربية‏ Ελληνικά Svenska Suomi עברית 日本語 한국어 简体中文 繁體中文 Bahasa Indonesia Bahasa Melayu ไทย Tiếng Việt हिंदी
Sign out
Are you sure you want to sign out?
NoYes
CancelYes
Saving Changes

+

Download the Investing.com App

Get free real time quotes, charts and alerts on stocks, indices, currencies, commodities and bonds. Get free top of the line technical analysis/predictors.

Investing.com is better on the App!

More content, faster quotes and charts, and a smoother experience is available only on the App.