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UK Stocks-Factors to watch on March 24

Published 03/24/2021, 01:12 PM
Updated 03/24/2021, 01:20 PM
© Reuters.

March 24 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 38
points lower at 6,662 on Wednesday, according to financial bookmakers.

* IAG: IAG ICAG.L said on Tuesday it had secured a $1.76 billion credit
facility from a group of banks that would be available to its coronavirus-hit
airlines Aer Lingus, British Airways and Iberia. * INVESTEC: Investec's Australian unit has agreed to sell its A$1.2 billion
acquisition finance loan-book to corporate lender Metrics Credit Partners,
sources told Reuters. * BHP: BHP Group BHP.AX urged rivals to step up trading in the Australian
spot gas market and back a domestic price index to help keep the government from
intervening in the market. * ANTOFAGASTA: Workers at Antofagasta's Los Pelambres copper mine in Chile
have accepted a contract offer and abandoned the threat of a strike, the union
said on Tuesday. * RIO TINTO: An Australian Aboriginal group on whose lands Rio Tinto Ltd
RIO.AX mines for iron ore said that heritage reforms Rio announced on Tuesday
lacked detail and that it had yet to see an improved approach to cultural
heritage management. * BANKS: The world's biggest banks cut lending to fossil fuel firms by 9% in
2020 as a result of the pandemic, a report showed. * COVID-19 : Travellers from England will face 5,000 pound fines in new
legislation designed to deter non-essential trips and barricade the nation
against imported COVID-19 infections. * GOLD: Gold prices rose as U.S. Treasury yields held close to one-week
low. * OIL: Oil prices edged higher as investors looked for bargains following
the previous day's plunge. * The UK blue-chip index .FTSE closed 0.4% lower on Tuesday, dragged down
by energy and mining stocks. UK CORPORATE DIARY:
Pendragon PDG.L FY results
Bellway BWY.L HY results
Diploma DPLM.L Trading statement
Burford Capital BURF.L FY results

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