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FRAS - Frasers News Story

577p -3.5  -0.6%

Last Trade - 14/05/21

Sector
Consumer Cyclicals
Size
Large Cap
Market Cap £2.99bn
Enterprise Value £3.98bn
Revenue £3.81bn
Position in Universe 248th / 1826

UPDATE 1-UK Stocks-Factors to watch on April 9

Fri 9th April, 2021 7:48am
(Adds futures, news items)
    April 9 (Reuters) - Britain's FTSE 100  .FTSE  index is seen
opening 3 points higher at 6,945 points on Friday, according to
financial bookmakers, with futures  .FFIc1  up 0.3% ahead of the
cash market open.
    
    * PAGEGROUP: PageGroup  PAGE.L  reported higher
first-quarter gross profit, with a growth of 31% in March,
helped by improvements in hiring in its EMEA and Asia-Pacific
regions.  urn:newsml:reuters.com:*:nL4N2M21MY
    * BOOHOO: Boohoo  BOOH.L  said it had taken a long-term
lease for a new warehouse in the English town of Daventry, as
the group looks to expand and add capacity to its existing
facilities.  urn:newsml:reuters.com:*:nL4N2M21Q2
    * FRASERS: Frasers said it will book a non-cash charge,
which could be in excess of 200 million pounds ($274 million),
in its 2020-21 results to account for impairment of its assets
during the latest COVID-19 lockdown.  urn:newsml:reuters.com:*:nASN0011XV
    * RIO TINTO: Rio Tinto  RIO.AX  said it has reached a
binding agreement with Turquoise Hill Resources  TRQ.TO  to
update funding plans for the massive Oyu Tolgoi copper-gold mine
in Mongolia.  urn:newsml:reuters.com:*:nL4N2M21M9
    * ASTRAZENECA: Hong Kong said on Friday it will delay
shipments of AstraZeneca's  AZN.L  COVID-19 vaccine this year
amid mounting concerns over possible links between the shot and
very rare cases of blood clots.  urn:newsml:reuters.com:*:nL1N2M206R
    * HSBC: HSBC  HSBA.L  and the Asian Development Bank (ADB)
will provide a combined $300 million in financing to help Asia's
supply chains boost manufacturing capacity for COVID-19
vaccines, the two lenders said on Friday.  urn:newsml:reuters.com:*:nL4N2M129D
    * WIZZ AIR: Wizz Air  WIZZ.L  has replaced its flight
operations chief after he was apparently recorded telling his
team to draw up a redundancy list of pilots who were often sick
or "caused grief" while sparing cheaper contract crew.
 urn:newsml:reuters.com:*:nL8N2M146L
    * ASTRAZENECA: The Dutch government will limit use of the
AstraZeneca  AZN.L  COVID-19 vaccine to people above age 60
following rare cases of blood clots, Health Minister Hugo de
Jonge said on Thursday.  urn:newsml:reuters.com:*:nL1N2M129V
    * ASTRAZENECA: Australia and the Philippines limited use of
AstraZeneca's  AZN.L  COVID-19 vaccine on Thursday, while the
African Union dropped plans to buy the shot amid global
shortages, dealing further blows to the company's hopes to
deliver a vaccine for the world.  urn:newsml:reuters.com:*:nL1N2M120Y
    * GOLD: Gold prices fell on Friday as robust economic data
from China boosted hopes of a swift recovery, although bullion
was set to rise more than 1% on the week as the U.S. dollar and
Treasury yields pulled back from recent highs. urn:newsml:reuters.com:*:nL1N2M204G
    * OIL: Oil prices edged up in early Asian trade on Friday,
supported by a weaker dollar, as investors weighed rising
supplies and the impact on fuel demand from the COVID-19
pandemic.  urn:newsml:reuters.com:*:nL1N2M201E
    * The UK blue-chip index  .FTSE  closed up 0.8% on Thursday
as heavyweight mining stocks tracked rising metal prices
 urn:newsml:reuters.com:*:nL4N2M11TV
 
    * 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 Jasmine I S in Bengaluru)
 ((jasmine.is.thomsonreuters.com@reuters.net;))
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