UK Stocks-Factors to watch on Sept 19
Adds new items, updates futures
Sept 19 -Britain's FTSE 100 .FTSE index is seen opening higher on Thursday, with futures FFIc1 up 0.8%.
* NEXT: British clothing retailer NextNXT.L said it wason track to make annual profit of almost 1 billion pounds ($1.3 billion) as it raised its outlook for the second time in two months after better-than-expected recent trading.
* OCADO: British online supermarket Ocado Retail lifted its revenue guidance for its 2023-2024 year after sales jumped 15.5% in its latest quarter, as a focus on value attracted more customers.
* CLOSE BROTHERS: British lender Close Brothers GroupCBRO.L said it has agreed tosell its wealth management business, Close Brothers Asset Management, to private equity firm Oaktree Capital Management in a deal worth up to 200 million pounds.
* S4 CAPITAL: Martin Sorrell's ad group S4 CapitalSFOR.L said it would see a greaterdecline in net revenue this year than it previously expected after reporting a 13.5% drop in the first half, but cost cuts would keep operational earnings broadly flat.
* BOE:The Bank of England looks set to keep interest rates on hold on Thursday as it awaits signs that inflation risks are quashed, putting the focus instead on a decision about bond sales that could feed into Finance Minister Rachel Reeves' first budget.
* BP: BP's Pan American Energy BPPAE.UL is looking to negotiate contracts with Asian consumers to allocate liquefied natural gas from a floating project in Argentina, Rodolfo Freyre, a company vice president, told the GasTech conference.
* EX-DIVS:Drax DRX.L, Unite Group UTG.L and IG Group IGG.L will trade without entitlement to its latest dividend pay-out on Thursday, along with Energean ENOG.L and Essentra ESNT.L.
* 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
($1 = 0.7555 pounds)
Reporting by Radhika Anilkumar and DhanushVignesh Babu in Bengaluru;
Related Assets
Latest News
Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.
All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.
Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.
