UK Stocks-Factors to watch on March 27

Kitco Media
By Reuters
Published:
Updated:
Reuters
March 27 - Britain's FTSE 100 index is seen opening lower on Monday with futures up 0.7%.


* STANDARD CHARTERED: Standard Chartered plans to sell its Jordanian business to Arab Jordan Investment Bank , the two parties said on Sunday, as the lender presses ahead with plans to exit seven markets in Africa and the Middle East.
* CINEWORLD: Activist investor Elliott Management is planning a takeover of parts of the embattled British cinema operator Cineworld Group , Sky News reported on Saturday.
* NATIONAL EXPRESS: More than 3,000 bus drivers at a central England division of National Express have ended strike action after voting to accept a 16.2% pay rise, the Unite union said on Saturday.
* PAY: Post Office workers are being asked to vote on a 9% pay offer following "an extremely lengthy dispute" with employers, Britain's CWU said on Saturday.
* OIL: Oil markets steady as investors weigh banking crisis, Russia.
* GOLD: Gold inches lower on steady dollar, with focus on banking risks.
* METALS: Copper holds steady; LME nickel resumes Asian hours trading after over a year.
* FTSE: London stocks fell more than 1% on Friday, with financials stocks extending declines at the end of yet another turbulent week for markets as concerns regarding the condition of the global financial system lingered.


* UK CORPORATE DIARY:
Carnival Plc Q1 Trading update Hyve Group HY Trading update




* For more on the factors affecting European stocks, please click on: TODAY'S UK PAPERS > Financial Times > Other business headlines (Reporting by Prerna Bedi in Bengaluru)

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