UK Stocks-Factors to watch on Aug 31 (updated)

Gulf Keystone Petroleum

31/08/2023 07:49

(Adds new items and updates futures)
       Aug 31 - Britain's FTSE 100  .FTSE  index is seen
opening higher on Thursday, with futures  FFIc1  up 0.16%.
    
    * FRASERS: British sportswear group Frasers  FRAS.L  raised
its stake in online fashion seller Boohoo  BOOH.L  to 9.1% from
7.8%, a regulatory filing showed.
    * FCA: Britain's financial watchdog has stopped short of
referring parts of the financial data market to the competition
authority for now despite concerns over the power of large
companies, it said.
        * GULF KEYSTONE: Oil producer Gulf Keystone Petroleum
 GKP.L  flagged doubts about its ability to continue as a going
concern after it announced that it has cut 55% of its expat jobs
to slash costs amid the suspension of Kurdistan crude exports.
        * BOND SALES: Britain's government debt agency set out
plans 
    to hold
     15 gilt auctions and a syndicated sale during the three
months to the end of December.
  
    * MARKS & SPENCER: Marks & Spencer  MKS.L  will rejoin
Britain's FTSE 100  .FTSE  stock index after a four-year hiatus,
it was confirmed on Wednesday.           
    * RECKITT: U.S. Food and Drug Administration issued warnings
to ByHeart Inc, Reckitt Benckiser Group's  RKT.L  Mead Johnson
Nutrition and Perrigo's  PRGO.N  Wisconsin unit to correct
manufacturing processes to better catch bacterial contamination.
    * CAR PRODUCTION: Britain's car production rose for a sixth
consecutive month in July as automakers continued to recover
from global chip shortages, an industry body said.
    * BUSINESS CONFIDENCE: British companies are their most
confident since before Russia's invasion of Ukraine, according
to a survey.

          
    * 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 Hani Kollathodi and Zainab Saifee in Bengaluru;
Editing by Janane Venkatraman and Sonia Cheema)
 ((Hani.Kollathodi@thomsonreuters.com;))