UK stock markets to watch on 4th January

Britain’s FTSE 100 .FTSE index is seen opening 38 points higher at 6,499 on Monday.

ASTRAZENECA: India’s drugs regulator on Sunday approved for emergency use two coronavirus vaccines, one developed by AstraZeneca AZN.L and Oxford University and the other by local company Bharat Biotech and a state-run institute.

ENTAIN: MGM Resorts International MGM.N is seeking to buy British gaming company Entain ENT.L in the latest move by a casino operator to double down on the online-gambling business, the Wall Street Journal reported on Sunday.

ASTRAZENECA: About two million doses of vaccine developed by Oxford/AstraZeneca AZN.L are set to be supplied every week by the middle of January in the United Kingdom, The Times reported.

TRADING: Europe will see its biggest transfer of share trading in more than two decades when stock exchanges open for business in 2021, with Brexit shifting its centre of gravity away from London.

COVID-19: Britain will become the first country to roll out the low cost and easily transportable AstraZeneca AZN.L and Oxford University COVID-19 vaccine on Monday, another step forward in the global response to the pandemic.

COVID-19: British Prime Minister Boris Johnson said on Sunday tougher lockdown restrictions were probably on the way as COVID-19 cases keep rising, but that schools were safe and children should continue to attend where permitted.

GOLD: Gold prices started the new year on a high by notching an eight-week peak after surpassing the key $1,900 level, as a surge in COVID-19 cases and prospects of tougher coronavirus control measures lured investors to the safe-haven metal.

OIL: Oil prices rose on expectations that OPEC and allied producers may cap output at current levels in February at a meeting later in the day as the COVID-19 pandemic keeps worries about first-half demand elevated.

The UK blue-chip index .FTSE fell 1.5% on Thursday with trading session lower and clocked its worst year since the 2008 financial crisis as the United Kingdom widened restrictions to stem a new variant of the coronavirus raging across the country.

Subscribe to our newsletter

Don't miss new updates on your email