UK Stocks-Factors to watch on Sept 24

Petra Diamonds

24/09/2024 05:50

Sept 24 (Reuters) - Britain's FTSE 100  .FTSE  index is
seen opening higher on Tuesday, with futures  FFIc1  up 0.1%. 
   
    * DUNELM: Will Adderley, the largest shareholder and founder
of Dunelm  DNLM.L , and his private investment firm intend to
sell about 10 million ordinary shares in the British homeware
retailer, representing about 4.9% of its issued share capital, a
bookrunner said.
    * 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.
    * FTSE: UK shares ended higher on Monday after logging their
worst day since August in the last session, boosted by rising
commodity-linked shares, while drugmaker AstraZeneca fell after
a disappointing experimental precision drug trial.
    
    * UK CORPORATE DIARY:   
    A G Barr        BAG.L         HY Results
     SThree        STEMS.L    Q3 Trading Update
  Smiths Group      SMIN.L        FY Results
 Petra Diamonds     PDL.L         HY Results
        
  
    * 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 Prerna Bedi in Bengaluru)
 ((Prerna.Bedi@thomsonreuters.com; +91 98052 24616;))