UK Stocks-Factors to watch on Sept. 6 (updated)
06/09/2024 07:51
(Updates shares, adds items)
Sept 6 - Britain's FTSE 100 .FTSE index is seen
opening lower on Friday, with futures FFIc1 down 0.30%.
* BERKELEY: British high-end homebuilder Berkeley said
trading has been stable over the first four months of its
current fiscal year and retained its annual profit forecast.
* DARKTRACE: Britain's Darktrace said CEO Poppy Gustafsson
will step down and named Jill Popelka as the successor.
* GSK: British drugmaker GSK announced positive results from
its late-stage trial of asthma drug Nucala in treating chronic
obstructive pulmonary disease (COPD), also known as smoker's
lungs.
* WATER REGULATION: Britain set out new legislation on
Thursday to toughen the oversight of water companies, with
penalties including imprisonment for bosses if they obstruct
investigations into the contamination of rivers, lakes and seas.
* SOLAR FARM: Britain's Planning Inspectorate granted
development consent to a large solar farm project comprising
three electricity-generating stations with anticipated capacity
in excess of 50 megawatts.
* ROLLS ROYCE: Europe's aviation regulator ordered a one-off
visual inspection of fuel hoses on some Rolls-Royce RR.L
XWB-97 engines powering Airbus AIR.PA A350-1000 jetliners
following an engine fire on a Cathay Pacific airplane earlier
this week.
* INVESTMENT: Britain needs an additional one trillion
pounds ($1.32 trillion) in investment in the next decade to
grow the economy, a report said on Friday.
* OIL: Oil prices edged up in early trading on Friday as
investors weighed a big withdrawal from U.S. crude inventories
and a delay to production hikes by OPEC+ producers against mixed
U.S. employment data.
* GOLD: Gold held below a one-week high on Friday and was on
track for a weekly gain, as market participants focussed on U.S.
jobs data that could shape the size of an expected rate cut this
month.
* For more on the factors affecting European stocks, please
click on: LIVE/
TODAY'S UK PAPERS
> Financial Times PRESS/FT
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($1 = 0.7588 pounds)
(Reporting by Radhika Anilkumar in Bengaluru)
((Radhika.Anilkumar@thomsonreuters.com;))