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UPDATE 1-UK Stocks-Factors to watch on March 24

Published 03/24/2020, 03:46 PM
Updated 03/24/2020, 03:50 PM
© Reuters.

© Reuters.

(Ads company news items and futures)
March 24 - Britain's FTSE 100 index .FTSE is seen opening 122 points
higher at 5,116 on Tuesday, according to financial bookmakers, with futures
rising 4.5% ahead of the cash market open.
* JD SPORTS: Britain's biggest sportswear retailer JD Sports JD.L said it
has delayed the publication of its financial results to May and has enough cash
resources to ride out the coronavirus crisis. * AMIGO HOLDINGS: Subprime lender Amigo holdings AMGO.L said it would
temporarily cease all new lending activity, barring emergency loans to key
workers in financial distress as Britain steps up its fight against coronavirus.
* 888 HOLDINGS: Online gambling firm 888 Holdings 888.L said on Tuesday
its 2020 core profit could be impacted by high single-digit millions of dollars
if the global sporting events continued to be disrupted until September because
of the coronavirus pandemic.
* TRAVIS PERKINS: Travis Perkins TPK.L , Britain's biggest building
materials group, said on Monday it will be closing all its businesses as the
country goes into a lockdown amid the coronavirus outbreak. * DIAGEO: Anheuser-Busch InBev ABI.BR , the world's biggest beer maker, and
Diageo DGE.L , the world's largest distiller, pledged on Monday to donate
million litres of alcohol to make hand sanitisers and disinfectants to help
fight the coronavirus pandemic. * RIO TINTO: Rio Tinto RIO.L said it will halt mining of mineral sands in
South Africa and slow down activity in Quebec, Canada due to government
directives in both countries to stem the spread of the coronavirus. OIL: Oil prices rose on hopes that the United States will reach a deal
soon on a $2 trillion coronavirus aid package which could blunt the economic
impact of the outbreak and in turn support oil demand. O/R
* The UK blue-chip index .FTSE fell 3.8% on Monday to its weakest close
since October 2011, as economists predicted a contraction of the global economy
and a raft of UK firms warned of earnings hits amid the spread of the
coronavirus. 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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