UK Stocks-Factors to watch on March 2

Oxford Nanopore Technologies

02/03/2026 04:46

March 2 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Monday, with futures FFIc1 down 0.6%.

* WIZZ AIR: Wizz Air WIZZ.L is suspending all flights to and from Israel, Dubai, Abu Dhabi, and Amman with immediate effect until March 7, the airline said.

* IAG: IAG ICAG.L owned British Airways said it has cancelled flights to Tel Aviv and Bahrain until March 3 due to the situation in the Middle East, following strikes by the United States and Israel against Iran.

* INTERCONTINENTAL HOTELS: InterContinental Hotels Group IHG.L expects India to become one of its top-five global markets within years, a senior executive said, as international hospitality brands accelerate expansion across the world's most populous country.

* OIL: Oil prices surged, and shares slid as military conflict in the Middle East looked set to last weeks, sending investors flocking to the relative safety of the dollar and gold.

* METALS: Aluminium prices rose as the U.S.-Israel attack on Iran heightened concerns over potential disruptions to shipping in the key Strait of Hormuz, a critical route for global commodities.

* GOLD: Gold prices rose after the U.S. and Israel launched major strikes on Iran, killing Supreme Leader Ayatollah Ali Khamenei, escalating geopolitical tensions and deepening global economic uncertainty.

* FTSE: London's FTSE 100 climbed to a record high on Friday, boosted by heavyweight miners and defensive stocks, while Barclays slumped on concerns over its exposure to collapsed UK lender Market Financial Solutions.

* UK CORPORATE DIARY:

Smith+Nephew
SN.L
FY results
Bunzl
BNZL.L
FY results
Senior
SNR.L
FY results
Oxford Nanopore
ONT.L
FY results

* For more on the factors affecting European stocks, please click on: LIVE/

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(Compiled by Neeshita Beura in Bengaluru)

((Neeshita.Beura@thomsonreuters.com))