💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

UK Stocks -- Factors to watch on Monday

Published 09/14/2009, 01:20 AM
Updated 09/14/2009, 01:24 AM
UK100
-
RIO
-
GC
-
HG
-

LONDON, Sept 14 (Reuters) - Britain's FTSE 100 index is seen opening 33-39 points, or as much as 0.6 percent, lower on Monday, according to financial bookmakers, tracking falls overnight in Asia and on Wall Street on Friday, with weaker commodity prices seen impacting heavyweight oils and miners.

The UK blue-chip index closed up 23.79 points, or 0.5 percent, on Friday at 5.011.47, the highest closing level since late September 2008, after earlier hitting an intraday peak for 2009 of 5,038.76.

U.S. stocks broke a five-day winning streak on Friday, while Japan's Nikkei average dropped 2.4 percent on Monday, pushed lower by exporters after the dollar hit a fresh seven-month low against the yen. No important economic data is due for release on Monday in the UK or the United States, although th e August RICS UK house price survey will released tonight.

* GLOBAL MARKETS-Dollar higher, Japan shares hit by yen

* Nikkei slides as exporters battered by yen; JAL up

* US STOCKS-Wall St ends 5 days of gains as oil weighs

* FOREX-Dollar climbs as speculators reverse course

* TREASURIES-Ten-yr notes edge higher as stocks falter

* Oil extends drop towards $68 on demand concerns

* PRECIOUS-Gold falls as dollar rebounds, above $1,000

* METALS-Copper falls to 2-wk lows on dollar gains

UK stocks to watch on Monday are:

RIO TINTO

The global miner has received approval from the Brazilian National Defence Council for the proposed sale of its Corumba iron ore mine to Brazil's Vale SA, Rio Tinto said on Monday.

ANTISOMA

The biotech firm posts full-year results.

PLETHORA SOLUTIONS HOLDINGDS

The urology specialists reports first-half results.

ASIA DIGITAL HOLDINGS

The online marketing group delivers first-half results.

(Reporting by Jon Hopkins; editing by Simon Jessop)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.