Get 40% Off
🤯 This Tech Portfolio is up 29% YTD! Join Now to Get April’s Top PicksGet The Picks – Just 99 USD

UPDATE 1-UK Stocks-Factors to watch on April 7

Published 07/04/2020, 07:57
Updated 07/04/2020, 08:00
© Reuters.

© Reuters.

(Adds company news items and futures)
April 7 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening flat at
5,583 on Tuesday, according to financial bookmakers, with futures up 1.9% ahead
of cash market open.
* WORKSPACE: Workspace Group WKP.L flagged slowdown in lettings activity
due to COVID-19 related lockdowns in March as the office space provider received
several requests for rent relief for the duration of the restriction.
* INCHCAPE: Car dealership chain Inchcape INCH.L scrapped its dividend and
said its board and senior management would take a 20% pay cut as it sought to
cut costs to endure the coronavirus downturn. * ANGLO AMERICAN: London-listed miner Anglo American AAL.L said it would
convene its annual general meeting with the minimum quorum of two shareholders
in the wake of government restrictions due to COVID-19. * PLUS500: Online trading platform Plus500 PLUSP.L nearly doubled its
customer base in the first quarter of 2020, driving a six-fold rise in revenue,
as a market sell-off drove a boom in financial betting by retail traders locked
down in their homes. * CINEWORLD: British cinema operator Cineworld CINE.L said all its 787
cinemas across 10 countries have been shut due to the coronavirus pandemic and
that it was in talks with its lenders for ongoing liquidity requirements.
* OIL: Oil rose amid hopes that the world's biggest producers of crude will
agree to curtail production as the coronavirus pandemic ravages the global
economy, even as analysts cautioned the cuts may do little to boost demand.
O/R
* UK shares surged 3.1% on Monday, led by battered travel stocks, insurers
and housebuilders, as investors welcomed signs of slowing increases in
coronavirus-related deaths in the worst-affected parts of western Europe.
* 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

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.