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UK Stocks-Factors to watch on Sept 23

Published 23/09/2020, 06:47
Updated 23/09/2020, 06:56
© Reuters.

© Reuters.

Sept 23 (Reuters) - Britain's FTSE 100 (.FTSE) index is seen opening 60 points higher at 5,890 on Wednesday, according to financial bookmakers.

888 Holdings: British lobbyist Jonathan Mendelsohn will be named as the next chairman of gambling firm 888 Holdings (888.L), Sky News reported on Tuesday.

Glencore: Glencore 's (GLEN.L) head of Africa copper on Tuesday said its Democratic Republic of Congo subsidiary Kamoto Copper Company (KCC) is ramping up to full production and should produce 270,000 tonnes of copper as cathode in 2020.

Lloyd's of London: Lloyd's of London on Tuesday asked its employees in the UK to work from home following guidance from the government.

Diploma: Technical products and services provider Diploma (DPLM.L) said on Tuesday it will buy Windy City Wire Cable and Technology Products to extend its presence in the United States, and also resumed dividend payments.

Oil: Oil prices fell on Wednesday after an industry group reported a surprise rise in U.S. crude, adding to worries about demand that led to a steep selloff earlier in the week.

Gold: Gold prices eased for a third straight session on Wednesday as the dollar climbed to a near two-month high, though uncertainties surrounding global economic recovery limited the bullion's decline.

The UK blue-chip index (.FTSE) closed 0.4% higher on Tuesday, after Prime Minister Boris Johnson introduced restrictions to curb a resurgence in COVID-19 cases in Britain without resorting to another full-blown lockdown.

UK corporate diary:

LoopUp Group Plc (LOOP.L) HY results
Halma Plc (HLMA.L) Trading statement
SSP Group Plc (SSPG.L) Q4 trading statement
Mission Group Plc (TMGT.L) HY results
Strix Group Plc (KETL.L) HY results
Allergy Therapeutics (AGY.L) FY results

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