March 9, 2017 / 6:43 AM / 6 months ago

UK Stocks-Factors to watch on March 9

    March 9 (Reuters) - Britain's FTSE 100 index is seen opening down 21
points at 7,314 on Thursday, according to financial bookmakers.
    
    * BT GROUP-RIO TINTO: Rio Tinto Chairman Jan du Plessis is set to
step down and take up the chairmanship of BT Group Plc, with the
announcement to be made by Britain's top mobile and broadband operator on
Thursday, the Financial Times reported.   
    * BHP Billiton: BHP Billiton, may try to restart production
at the world's No.1 copper mine Escondida in Chile using temporary workers once
the strike surpasses 30 days, the company told a local radio station on
Wednesday.    
    * BRITAIN-BUDGET: Britain's 2017 budget gave some meagre support on
Wednesday to domestic stock and currency markets suffering from nerves over its
plans to leave the European Union and the fallout for increasingly hard-pressed
consumers.
    * BREXIT: Britain's economy is likely to feel the pain of Brexit more
sharply in the coming years despite holding up well so far, according to finance
minister Philip Hammond's latest plan to steer the economy through its split
from the European Union.
    * BRITAIN-BONDS: Gilt yields hit a two-week high after Britain said it
planned to sell more government bonds than the market had expected, despite
finance minister Philip Hammond largely sticking to existing fiscal plans in
Wednesday's annual Budget.
    * OIL: Oil prices climbed on Thursday after sharp losses the session before,
buoyed by strong compliance with touted international production cuts, although
a surge in U.S. crude inventories continued to drag.
    * GOLD: Gold prices inched down to the lowest level in five weeks on
Thursday, pressured by an uptick in the dollar ahead of U.S. non-farm payrolls
data on Friday.
    * EX-DIVS: BHP Billiton, CRH, Hargreaves Lansdown,
Land Securities Group, Persimmon and Shire will trade
without entitlement to their latest dividend pay-out on Thursday, trimming 5.36
points off the FTSE 100, according to Reuters calculations.
    * The blue-chip FTSE 100 closed 0.06 percent lower on Wednesday, as
Britain's budget statement delivered few surprises, although builders got a
small boost from reassuring comments on infrastructure spending. 
    * For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets
    
    * UK CORPORATE DIARY:        
 Restore PLC                       RSTP.L      Full Year 2016
 Spirax-Sarco Engineering           SPX.L      Full Year 2016
 WM Morrison Supermarkets           MRW.L      Full Year 2017
 Capital & Regional PLC             CAL.L      Full Year 2016
 Domino's Pizza Group               DOM.L      Full Year 2016
 32Red PLC                         TTRL.L      Full Year 2016
 Ophir Energy PLC                  OPHR.L      Full Year 2016
 International Game Technology      IGT.N      Q4 2016 
 Premier Oil PLC                    PMO.L      Full Year 2016
 Old Mutual PLC                     OML.L      Full Year 2016 
 Aviva PLC                          AV.L       Full Year 2016
 Countrywide PLC                    CWD.L      Full Year 2016
 Novae                              NVA.L      Full Year 2016
 Cineworld                         CINE.L      Full Year 2016
        
    TODAY'S UK PAPERS
    > Financial Times                     
    > Other business headlines            
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 (Reporting by Siju Varghese; Editing by Sherry Jacob-Phillips)
  

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