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UK Stocks-Factors to watch on Sept. 18
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UK Stocks-Factors to watch on Sept. 18

- Britain's FTSE 100 .FTSE index is seen opening lower on Wednesday, with futures FFIc1 down 0.25%.


* RECKITT: Reckitt Benckiser RKT.L has launched early discussions with potential suitors for a sale of its homecare assets, which could be worth over 6 billion pounds ($7.90 billion), Bloomberg News reported on Tuesday.

* RIO TINTO: Mining giant Rio Tinto RIO.L said it will develop seed farms in Australia to explore the potential of Pongamia seed oil as a feedstock for renewable diesel.

* OIL: Oil prices steadied on Wednesday, after rising in the previous two sessions, as investors await the U.S. Federal Reserve's anticipated interest rate cut, with the potential for more violence in the Middle East supporting the market.

* GOLD: Gold prices were flat on Wednesday as investors weighed chances of an outsized rate cut by the Federal Reserve later in the day.

* The FTSE 100 rose to a two-week highon Tuesday, lifted by a rise in retailer and personal goods shares, while investors prepared for central bank meetings through the week.


* UK CORPORATE DIARY:


Moonpig

MOONM.L

Trading update

M&C Saatchi

SAA.L

HY results

PZ Cussons

PZC.L

FY 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



($1 = 0.7598 pounds)


(Reporting by Radhika Anilkumar in Bengaluru; Editing by Sumana Nandy)

((Radhika.Anilkumar@thomsonreuters.com;))

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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