UK Stocks-Factors to watch on Sept 24 (updated)

Newriver Reit

24/09/2024 07:48

(Adds new items, updates futures)
       Sept 24 (Reuters) - Britain's FTSE 100  .FTSE  index is
seen opening higher on Tuesday, with futures  FFIc1  up 0.6%. 
   
    * SMITHS GROUP: UK engineering firm Smiths Group  SMIN.L  
announced acquisitions of two North American companies for up to
110 million pounds ($146.89 million), and posted a slight miss
in its annual profit.
    * DUNELM: British homeware retailer Dunelm's  DNLM.L  top
shareholder, Will Adderley, and his private investment firm have
sold a 4.9% stake in the company for 11.4 million pounds,
bookrunner Barclays said.
        * RASPBERRY PI: Raspberry Pi  RPI.L , the British
computer company that floated in June, reported
stronger-than-expected adjusted earnings of $20.9 million for
the first half, but kept its outlook for the full year
unchanged.
        * NEWRIVER REIT: Britain's NewRiver REIT  NRRT.L  would
buy smaller rival Capital & Regional Plc  CAL.L  in a
stock-and-cash deal valued at about 147 million pounds, the
shopping centres and retail parks owner said on Tuesday.
    * BP: Oil major BP  BP.L  shut in oil and gas production at
two U.S. Gulf of Mexico platforms and curtailed output at two
others ahead of a storm predicted to become a major hurricane. 
    * OIL: Oil prices rose on news of fresh monetary stimulus
from top importer China, and concerns escalating tensions in the
Middle East could hit supply from the key producing region,
while a major hurricane loomed over the U.S., the world's
biggest crude producer.
    * GOLD: Gold prices steadied after surging to a record high
in the previous session, following broadly dovish comments from
U.S. Federal Reserve officials and escalating tensions in the
Middle East.

        
  
    * 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 


($1 = 0.7498 pounds)

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