UK Stocks-Factors to watch on March 28

abrdn Property Income Trust

28/03/2024 04:43

March 28 - Britain's FTSE 100  .FTSE  index is seen
opening up on Thursday, with futures  FFIc1  rising 0.4%. 
    
    * SPIRENT: U.S.-based Keysight Technologies  KEYS.N  is
preparing to launch a formal offer for British
telecommunications testing firm Spirent Communications  SPT.L ,
a person familiar with the matter told Reuters.
    * BARCLAYS: Barclays' former Global Head of Race at Work has
defended her decision not to investigate further an employee
complaint alleging racial, religious and sex discrimination at
the British bank, an employment tribunal in London heard.
    * ABRDN: A 439-million-pound ($554 million) property fund
managed by abrdn  ABDN.L  will be wound down after a proposed
tie-up with a rival fund failed to get sufficient support from
shareholders, the fund said in a statement.
    * CAR OUTPUT: Britain's car production increased by 14.6%
year-on-year in February, thanks to strong domestic demand,
industry data showed. 
    * OIL:  Global oil prices edged up, recovering from two
consecutive sessions of decline, as investors reassessed the
latest U.S. crude oil and gasoline inventories data and returned
to buying mode.
    * EX-DIVS: Prudential  PRU.L , M&G  MNG.L , Smith+ Nephew
 SN.L , Melrose  MRON.L  and Taylor Wimpy  TW.L  will trade
without entitlement to their latest dividend pay-out on
Thursday.
    * FTSE: Britain's FTSE 100 ended flat on Wednesday as
investors stayed away from making big bets in a
holiday-shortened week, while paper and packaging firm DS Smith
and specialised products and service distributor Diploma on
deal-related news.
    
    * UK CORPORATE DIARY:   
 JD Sports Fashion      JD.L      FY trading update
  Capricorn Energy     CNE.L          FY results
      Chesnara         CSN.L          FY results
        
  
    * 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 

 (Reporting by Prerna Bedi in Bengaluru)
 ((Prerna.Bedi@thomsonreuters.com; +91 98052 24616;))