Latest News

UK News

Click Here to read UK News

Forex News

Click Here to read Forex News

Market News

Click Here to read Market News

Irish News
/fxcentre/i-want-to/read-news
UK Stocks-Factors to watch on Sept 21
Published at 21/09/2021 at 06:23

Sept 21 (Reuters) - Britain's FTSE 100 index is seen opening 35 points higher on Tuesday, according to financial bookmakers.

* SHELL: Royal Dutch Shell said it would sell its Permian Basin assets to ConocoPhillips for $9.5 bln in cash, an exit from the largest U.S. oilfield for the energy major shifting its focus to the clean energy transition.

* ENERGY FIRMS: British customers will face the least amount of disruption possible in the event that their energy supplier fails, the business and energy minister and the regulator said on Monday following a meeting with major suppliers.

* JPM: JPMorgan is challenging British rivals on their home turf with the launch of its long-awaited digital retail bank, Chase, as part of what the U.S. lender hopes will be a global expansion.

* SHELL: Royal Dutch Shell said damage to offshore transfer facilities from Hurricane Ida will cut production into early next year, slashing deliveries of a type of crude oil prized by refiners.

* GOLD: Gold prices inched lower, as cautious investors braced for the U.S. Federal Reserve's guidance for tapering and interest rate hikes.

* OIL: Oil prices rose as analysts pointed to signs of U.S. supply tightness, ending days of losses as global markets remain haunted by the potential impact on China's economy of a crisis at heavily indebted property group China Evergrande.

* London's FTSE 100 ended at a two-month low on Monday, dragged down by heavyweight miners and banking stocks, while concerns about rising inflation also weighed on the index.

* UK CORPORATE DIARY:

Kingfisher HY results

Compass Group Pre close update

Alliance Pharma HY results

PensionBee HY results

Dignity HY results

JTC PlC HY results

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

TODAY'S UK PAPERS

> Financial Times

> Other business headlines

(Reporting By Geetha Panchaksharam)

((geetha.panchaksharam@thomsonreuters.com))