UK Stocks-Factors to watch on March 3

Sabre Insurance

03/03/2025 04:55

March 3 - Britain's FTSE 100 .FTSE index is seen opening up on Monday, with futures FFIc1 up 0.5%.

*SHELL: Shell SHEL.L is considering a potential sale of its chemicals assets in Europe and the U.S,, WSJ reported on Sunday, citing sources.

* LABOUR: Britain must strengthen its safeguards against forced labour in supply chains to avoid the country becoming a dumping ground for products banned in other markets, Business and Trade Committee said in a report.

* RIO TINTO : Rio Tinto RIO.L, RIO.AX said its iron ore export facility in Western Australia's Dampier port resumed operations after being offline due to tropical cyclones.

* PRIVACY: UK privacy watchdog the Information Commissioner's Office launched an investigation into how TikTok, Reddit RDDT.N and Imgur safeguard children's privacy.

* DEFENCE: Britain said on Friday it would launch an innovation hub to work with defence firms and speed up the delivery of military technologies.

* OIL: Oil prices rose 1% on upbeat manufacturing data from China, although uncertainty from potential U.S. tariffs loomed.

* GOLD: Gold prices rose, helped by a weaker U.S. dollar, while a delay in finding peace in Ukraine and concerns over the U.S. tariff policy fuelled safe-haven demand for the metal.

* METALS: London copper gained, supported by a weaker dollar and hopes China would announce a fiscal stimulus package.

* The UK blue-chip index .FTSE posted its highest close on record on Friday at 0.6%, buoyed by positive corporate earnings and a weaker pound.

* UK CORPORATE DIARY:

Senior PLC
SNR.L
Full Year Earnings Release
Bunzl PLC
BNZL.L
Full Year Earnings Release
Headlam Group PLC
HEAD.L
Full Year Earnings Release
Sabre Insurance Group PLC
SBRE.L
Full Year Trading Update
Motorpoint Group PLC
MOTR.L
Q3 Trading Statement
Clarkson PLC
CKN.L
Full Year Earnings Release

* 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

 (Compiled by Simone Lobo in Bengaluru)

 ((Simone.Lobo@thomsonreuters.com; +919920570373;))