UK Stocks-Factors to watch on Sept 24
Sept 24 (Reuters) -Britain's FTSE 100 .FTSE index is seen opening higher on Tuesday, with futures FFIc1 up 0.1%.
* DUNELM: Will Adderley, the largest shareholder and founder of Dunelm DNLM.L, and his private investment firm intend to sell about 10 million ordinary shares in the British homeware retailer, representing about 4.9% of its issued share capital, a bookrunner said.
* BP: Oil major BP BP.L shut in oil and gas production at two U.S. Gulf of Mexico platforms and curtailed output at two others ahead of a storm predicted to become a major hurricane.
* OIL: Oil prices rose on news of fresh monetary stimulus from top importer China, and concerns escalating tensions in the Middle East could hit supply from the key producing region, while a major hurricane loomed over the U.S., the world's biggest crude producer.
* GOLD: Gold prices steadied after surging to a record high in the previous session, following broadly dovish comments from U.S. Federal Reserve officials and escalating tensions in the Middle East.
* FTSE: UK shares ended higher on Monday after logging their worst day since August in the last session, boosted by rising commodity-linked shares, while drugmaker AstraZeneca fell after a disappointing experimental precision drug trial.
* UK CORPORATE DIARY:
A G Barr | BAG.L | HY Results |
SThree | STEMS.L | Q3 Trading Update |
Smiths Group | SMIN.L | FY Results |
Petra Diamonds | PDL.L | HY Results |
* 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
Reporting by Prerna Bedi in Bengaluru
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