UK Stocks-Factors to watch on Feb 26 (updated)
26/02/2024 07:52
(Adds new items, updates futures)
Feb 26 (Reuters) - Britain's FTSE 100 .FTSE index is
seen opening lower on Monday, with futures FFIc1 down 0.12%.
* HOMEBUILDERS: Britain's antitrust regulator said it has
started an investigation into eight homebuilders after it found
evidence that indicated potential sharing of
commercially-sensitive information among competitors.
* BUNZL: Britain's Bunzl BNZL.L said it had bought
catering equipment and consumables distributor Nisbets in the UK
for 339 million pounds, and that its operating margin this year
would be slightly below 2023 levels.
* GSK: British drugmaker GSK GSK.L said its oral
gonorrhoea drug met its primary goal of non-inferiority in a
late-stage trial, compared to an existing combination treatment.
* WINCANTON: CEVA Logistics, a unit of French shipping
firm CMA CGM, agreed to an
increased all-cash offer to buy Wincanton
WIN.L , valuing the British logistics firm at about 604.7
million pounds.
* EXPORTERS: Most British exporters and manufacturers have
felt an impact from disruption in the Red Sea caused by attacks
on shipping by Yemen's Iran-aligned Houthi rebels, according to
a survey.
* JOBS: British employers advertised fewest jobs in nearly
three years last month, with numbers down 15% from a year ago,
figures from recruitment data company Adzuna showed on Monday,
adding to signs that the labour market is cooling.
* OIL: Oil prices fell, extending losses from the previous
session after the dollar rose on market views that
higher-than-expected inflation could delay cuts to high U.S.
interest rates that have been capping global fuel demand growth.
* METALS: Copper prices lost ground, weighed down by a
firmer U.S. dollar ahead of key economic data and rising
inventories in top consumer China.
* For more on the factors affecting European stocks, please
click on: LIVE/
TODAY'S UK PAPERS
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($1 = 0.7894 pounds)
(Reporting by Prerna Bedi and Zainab Saifuddin Saifee in
Bengaluru)
((Prerna.Bedi@thomsonreuters.com; +91 98052 24616;))