UK Stocks-Factors to watch on Sept 22 (updated)

LXi REIT

22/09/2022 07:55

(Adds news items, updates futures)
       Sept 22 (Reuters) - Britain's FTSE 100  .FTSE  index is
seen opening lower on Thursday, with futures  FFIc1  down 0.79%.
    * HSBC: HSBC Holdings  HSBA.L  told it will stop financing
the expansion of thermal coal from funds it manages actively
with immediate effect.  urn:newsml:reuters.com:*:nL8N30S22Q
    * GSK: GSK  GSK.L  said it would take a stake in Spero
Therapeutics  SPRO.O  as part of a licensing agreement for the
U.S.-based drug developer's experimental antibiotic for
complicated urinary tract infections.  urn:newsml:reuters.com:*:nL4N30T1EG
    * JD SPORTS: JD Sports  JD.L  warned it would remain
cautious about trading through the rest of the fiscal year as
sky-high inflation crimps consumer spending, although the UK's
biggest sportswear retailer reaffirmed its annual profit
outlook. urn:newsml:reuters.com:*:nL4N30T1EX
    * OFCOM: Britain's communications regulator said it would
investigate the position of cloud "hyperscalers" Amazon,
Microsoft and Google, which together account for around 81% of
revenue in the market, to assess the strength of
competition. urn:newsml:reuters.com:*:nFWN30S21B
    * BT GROUP: A union representing workers at Britain's BT
Group  BT.L  and its networking arm Openreach said its members
would hold a national strike over pay in October.  urn:newsml:reuters.com:*:nL1N30S23M
    * SAINSBURY: British supermarket group Sainsbury's  SBRY.L 
has exchanged contracts with LXi REIT  LXIL.L  on a deal to sell
18 stores in southern England for 500 million pounds ($562
million), the property investor said on Thursday.  urn:newsml:reuters.com:*:nTUC5QSNPK
    * OIL: Oil rebounded after sliding 1% in the previous
session as concerns over tight supplies heading into winter
eclipsed fears of a global recession.  urn:newsml:reuters.com:*:nL1N30T02D
    * GOLD: Gold prices fell as much as 1% on Thursday, as the
U.S. dollar rallied and the Federal Reserve flagged more
interest rate hikes, diminishing the zero-yielding metal's
appeal.  urn:newsml:reuters.com:*:nL1N30T03J
    * FTSE 100: Defence and energy stocks led a recovery in UK's
blue-chip FTSE 100 from near three-week lows on
Wednesday. urn:newsml:reuters.com:*:nL4N30S1J0
    * For more on the factors affecting European stocks, please
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    TODAY'S UK PAPERS
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     ($1 = 0.8893 pounds)
 (Reporting by Anchal Rana in Bengaluru)