UK Stocks-Factors to watch on Sept 17
Updates futures, adds new items in bullet 1-3
Sept 17 (Reuters) -Britain's FTSE 100 .FTSE index is seen opening higher on Tuesday, with futures FFIc1 up 0.76%.
* FLUTTER: British gambling technology firm Playtech PTEC.L has agreed to sell its Italian unit Snaitech for 2.3 billion euros ($2.56 billion), including debt, to the world's largest betting company Flutter Entertainment FLTRF.L.
* KINGFISHER: European home improvement retailer Kingfisher KGF.L raised the bottom end of its profit outlook for the full year, saying that while demand for 'big-ticket' categories has remained weak seasonal category sales trends have improved since early July.
* THG: British e-commerce firm THGTHG.L said it was actively looking to facilitate thedemerger of its technology services arm, THG Ingenuity, as it looks to shore up its balance sheet and improve its share performance.
* BUDGET:British Prime Minister Keir Starmer said his government's first budget next month wouldn't take steps that undermine his goal to generate growth, but warned that unfunded spending commitments could damage the economy.
* PROPERTY MARKET:Demand for London's most expensive homes cooled last month as high earners worried about the possibility of tax increases by Britain's new centre-left government, a property data firm said.
* ANGLO AMERICAN:Australian coal miner New Hope NHC.AX has submitted a bid for Anglo American's AAL.L coal assets in Queensland state as it looks to grow its footprint in the steel-making ingredient, CEO Rob Bishop said.
* OIL: Oilprices extended gains on Tuesday as the market eyed U.S. output concerns in the aftermath of Hurricane Francine and expectations of lower U.S. crude stockpiles.
* GOLD: Goldprices held steady on Tuesday after hitting a record high in the previous session, while focus shifted to the U.S. interest rate verdict, with many investors leaning towards a bigger-than-expected rate reduction.
* 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 = 0.8984 euros)
Reporting by Radhika Anilkumar in Bengaluru
Related Assets
Latest News
Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.
All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.
Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.
