UPDATE 1-UK Stocks-Factors to watch on Sept. 5

lunes 5 de septiembre de 2016 02:33 GYT
 

(Adds futures, company news item)

Sept 5 (Reuters) - Britain's FTSE 100 index is seen opening up 28 points, or 0.41 percent on Monday, according to financial bookmakers, with futures trading down 0.07 percent ahead of the cash market open.

* The UK blue chip index closed 2.2 percent higher on Friday at 6894.60, climbing to a two-week high after data showing a greater than expected slowdown in U.S. employment growth last month lowered the chances of an interest rate hike in the United States this months.

* ASTRAZENECA: AstraZeneca hopes to convince doctors its experimental injection for severe asthma has an edge over two approved rivals after clinical trials data on Monday showed it worked well when given just once every two months.

* HUNTING: Oilfield services company Hunting Plc HTG.L said it amended the terms of its credit facility after reporting a first-half loss due to low commodity prices.

* M&S: British retailer Marks & Spencer will cut 500 jobs at its head office this week as its new chief executive Steve Rowe tries to halt a slump in sales, Sky News reported on Saturday.

* STANDARD CHARTERED: Standard Chartered expects it will remain under U.S. supervision for several more years over lapses in Iran-related anti-money laundering efforts because it needs more time to improve its internal standards, sources with knowledge of the matter said.

* OIL: Crude prices inched down on Monday, paring 3 percent gains in the previous session, as the dollar firmed and traders eyed persistent concerns over a global oil glut despite some signs oil producers may try to tackle weak oil prices.   Continuación...