UK Stocks-Factors to watch on Sept 3

  • 10 months ago
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Sept 3 (Reuters) – Britain’s FTSE 100 index is seen opening 18 points higher at 5,959 on Thursday, according to financial bookmakers.

* GSK/SANOFI: French drugmaker Sanofi and its British peer GSK have started a clinical trial for a protein-based COVID-19 vaccine candidate, as pharmaceutical companies race to develop treatments against the COVID-19 pandemic. METALS: London prices rose as data from China showed a steady economic recovery in the world’s biggest copper consumer after the hit from the COVID-19 pandemic. MET/L

* GOLD: recouped some of the previous session’s hefty losses as the dollar steadied, although gains were capped by an uptick in risk appetite on recent better-than-expected economic data. GOL/

* OIL: Oil prices edged up, but held near multi-week lows hit overnight after U.S. data showed gasoline demand fell and recovery from the COVID-19 pandemic was lagging. O/R

* The UK blue-chip index rose for the first time in four sessions on Wednesday as a surge in house prices to record highs powered stocks of homebuilders, with Barratt jumping to the top of the FTSE 100. .L

* UK CORPORATE DIARY:

Gem Diamonds Ltd

HY results

Headlam Group Plc

HY results

EnQuest Plc

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

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