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UPDATE 1-UK Stocks-Factors to watch on Sept 17

Published 17/09/2020, 07:05
Updated 17/09/2020, 07:56
© Reuters.

Sept 17 (Reuters) - Britain's FTSE 100 (.FTSE) index is seen opening 34 points lower at 6,044 on Thursday, according to financial bookmakers, with futures (FFIc1) seen down 1% ahead of cash market open.

Playtech: Gambling software maker Playtech (PTEC.L) posted lower first-half profit, hit by store closures and sports events cancellations due to coronavirus-led curbs.

IG Group: Online trading platform IG Group (IGG.L) reported a surge in first-quarter revenue as the coronavirus crisis and fears of its impact on the global economy continued to drive up volatility and trading volumes on financial markets.

Next: British clothing retailer Next (NXT.L) raised its profit outlook for the second time in two months as it reported strong recent trading.

AstraZeneca: The adverse events that led to a pause in trials evaluating AstraZeneca Plc's (AZN.L) COVID-19 vaccine candidate may not have been associated with the vaccine itself, according to a document outlining participant information that was posted online by the Oxford University.

BoE: The Bank of England is expected to signal on Thursday that it is getting ready to pump yet more stimulus into Britain's economy as it heads for a jump in unemployment and a possible Brexit shock.

Rolls-Royce: Britain's Rolls-Royce (RR.L) said on Wednesday it continued to review funding options, including debt and equity, to boost its balance sheet.

NatWest: NatWest (NWG.L) said late on Wednesday that its digital banking services were back up after experiencing an outage.

Gold: Gold prices fell more than 1%, as the dollar climbed after the U.S. Federal Reserve painted a favourable economic recovery picture but stopped short of offering concrete signals on further stimulus.

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Oil: Oil prices fell, after rising in the two previous sessions, as concerns about weak fuel demand re-emerged after production platforms in the southeastern United States took steps to resume output following Hurricane Sally's passage.

EX-DIVS: Intertek Group (ITRK.L) will trade without entitlement to its latest dividend pay-out on Thursday, trimming 0.2 points off the FTSE 100 according to Reuters calculations.

London-listed stocks slipped on Wednesday as the fraught trade talks between Britain and the European Union remained in focus.

UK corporate diary:

Clinigen Group (CLINC.L) FY results
Next Plc (NXT.L) HY results
Spire Healthcare (SPI.L) HY results
IG Group (IGG.L) Q1 trading update
Kier Group (KIE.L) FY results
Hilton Food Group (HFG.L) HY results
Playtech (PTEC.L) HY results

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