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UPDATE 1-UK Stocks-Factors to watch on Sept 21

Published 21/09/2020, 06:34
Updated 21/09/2020, 08:22
© Reuters.

Sept 21 (Reuters) - Britain's FTSE 100 (.FTSE) index is seen opening 31 points lower on Monday, according to financial bookmakers, with futures (FFIc1) down 1.2%, ahead of cash market open.

Go-Ahead/FirstGroup: UK train companies Go-Ahead GOG.L and FirstGroup FGP.L said they had signed new contracts with the government to keep running rail services for the next 6-18 months.

AstraZeneca: A European regulatory panel has recommended the approval of Lynparza, a blockbuster cancer treatment developed by AstraZeneca Plc (AZN.L) and Merck & Co Inc (MRK.N), to treat two separate forms of cancer.

Informa: Informa (INF.L) recorded COVID-19 impairment charges of around 592.9 million pounds, pushing it to a half-year operating loss as it struggled with one of the worst downturns in the industry.

Superdry: Superdry (SDRY.L) said its trading performance has improved in the months since April despite uncertainty around the COVID-19 pandemic as the British fashion retailer posted an annual loss from store closures.

Lockdowns: British Prime Minister Boris Johnson is pondering a second national COVID-19 lockdown as the novel coronavirus outbreak accelerates.

Housing: Surging activity in Britain's housing market nudged up asking prices for homes in September, as buyers sought larger properties following the coronavirus lockdown, a survey showed.

Manufacturing: British manufacturers see no evidence of a 'V'-shaped recovery from the COVID-19 pandemic underway and many are planning to slash investment, a business survey showed.

Loans: British finance minister Rishi Sunak is set to extend the Treasury's UK-wide programme of business support loans to help companies affected by the pandemic, the Financial Times reported late on Sunday.

AstraZeneca: AstraZeneca Plc AZN.L said on Saturday that its COVID-19 vaccine trial in the United States is still on hold.

Oil: Oil prices edged higher as a tropical storm took aim for the U.S. Gulf of Mexico region halting some production, though price gains were capped by the potential return of oil output in Libya and a continued rise in coronavirus cases.

Consumer stocks weighed down London's mid-cap index on Friday after a rise in new coronavirus cases stoked fears of new lockdown measures, and the blue-chip index was bogged down by major energy stocks.

UK corporate diary:

Superdry Plc (SDRY.L) FY Earnings Release
Informa (INF.L) HY Earnings Release

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