UK Stocks-Factors to watch on March 28

Kitco Media
By Reuters
Published:
Updated:
Reuters
March 28 - Britain's FTSE 100 index is seen opening higher on Tuesday, with futures up 0.29%.
* CINEWORLD: Creditors of British cinema operator Cineworld Group PLC are outlining plans for a new board and executive team after nine years under CEO Mooky Greidinger and his deputy Israel Greidinger, Bloomberg News reported.
* STRIKES: More than 100,000 British civil and public servants will join another all-out strike on April 28, Britain's Public and Commercial Services union said.
* PAY: The National Education Union recommended that its members in England reject a government pay offer of a one-off payment this year of 1,000 pounds and an average pay rise of 4.5% in the next financial year.
* FOOD PRICES: Soaring food prices pushed annual inflation in British shops to their highest in at least 18 years in March, industry data showed.
* OIL: Crude prices retreated after rallying the previous session, with markets focused on developments in the banking crisis and indications of strengthening demand in China.
* GOLD: Gold prices rose as the dollar slipped, although an improvement in risk appetite after efforts by regulators to allay fears over the global banking system limited the safe-haven metal's appeal.
* METALS: Copper extended gains in Asian trading hours as a deal to buy the assets of stricken U.S. lender Silicon Valley Bank spurred risk appetite, while a weaker dollar also lent support to the metal.
* FTSE: London stocks rose on Monday with the FTSE 100 finishing nearly 1% higher as bank stocks climbed after fears of a global banking meltdown eased, while AstraZeneca rose on positive update on a drug trial.


* UK CORPORATE DIARY:


A G Barr FY Results Bellway HY Results John Wood Group FY Results Petershill Partners Preliminary Q4 results United Utilities Pre-close trading statement Synthomer FY Results Nanoco HY results




* 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; Editing by Sonia Cheema)

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