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UK Stocks-Factors to watch on Sept 21
Published at 21/09/2020 at 06:24

Sept 21 (Reuters) - Britain's FTSE 100 index is seen opening 31 points lower on Monday, according to financial bookmakers.

* HOUSING: Surging activity in Britain's housing market nudged up asking prices for homes in September, as buyers sought larger properties following the coronavirus lockdown, a survey showed.

* MANUFACTURING: British manufacturers see no evidence of a 'V'-shaped recovery from the COVID-19 pandemic underway and many are planning to slash investment, a business survey showed.

* LOANS: British finance minister Rishi Sunak is set to extend the Treasury's UK-wide programme of business support loans to help companies affected by the pandemic, the Financial Times reported late on Sunday.

* ASTRAZENECA: AstraZeneca Plc said on Saturday that its COVID-19 vaccine trial in the United States is still on hold.

* OIL: Oil prices edged higher as a tropical storm took aim for the U.S. Gulf of Mexico region halting some production, though price gains were capped by the potential return of oil output in Libya and a continued rise in coronavirus cases.

* Consumer stocks weighed down London's mid-cap index on Friday after a rise in new coronavirus cases stoked fears of new lockdown measures, and the blue-chip index was bogged down by major energy stocks.

* UK CORPORATE DIARY: Superdry Plc FY Earnings Release Informa HY Earnings Release

* For more on the factors affecting European stocks, please click on:

TODAY'S UK PAPERS

> Financial Times

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(Reporting by Shanima A in Bengaluru)

((shanima.a@thomsonreuters.com; Direct: +91 7760347399;))