UK Stocks-Factors to watch on Sept 8

  • 11 months ago
  • news
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Sept 8 (Reuters) – Britain’s FTSE 100 index is seen opening 5 points higher at 5,942 on Tuesday, according to financial bookmakers.

* IAG: Willie Walsh will pass the controls of IAG to Luis Gallego at the British Airways and Iberia owner’s annual meeting on Tuesday, where shareholders will be asked to stump up billions of euros to help it through the coronavirus crisis. OIL: Oil prices fell on Tuesday amid concerns that a possible rise in COVID-19 cases following the U.S. Labor Day long weekend, which also marks the end of the peak U.S. driving season, could squeeze demand for fuel. GOLD: prices slipped on Tuesday, weighed down by a stronger U.S. dollar, but the safe-haven metal’s decline was limited by growing fears over the global economic recovery from the coronavirus crisis. The UK blue-chip index ended 2.4% on Monday as Astrazeneca (LON:) and GlaxoSmithKline rose on news about their respective COVID-19 vaccines, while a weaker pound helped exporters. UK CORPORATE DIARY:

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* For more on the factors affecting European stocks, please click on: LIVE/

TODAY’S UK PAPERS

> Financial Times

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> Other business headlines

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