UK Stocks-Factors to watch on Aug 23



Aug 23 - Britain's FTSE 100 .FTSE index is seen opening 36 points higher on Monday, according to financial bookmakers.

* SAINSBURY: Private equity companies are circling British supermarket group Sainsbury's SBRY.L with a view to possibly launch bids of more than 7 billion pounds ($9.53 billion), The Sunday Times reported.

* LEGAL & GENERAL: Legal & General (L&G) LGEN.L is planning to expand into China, the chief executive of the insurer and asset manager has told The Telegraph newspaper, it reported on Saturday.

* BUDGET CARRIERS: Italy's civil aviation authority ENAC said it could fine budget carriers EasyJet EZJ.L and Wizz Air WIZZ.L for charging extra fees for seats assigned to adults accompanying minors and disabled people.

* OIL: Oil prices rose, recovering from a seven-day losing streak as investors hunted for bargains and a softer dollar lent support, though persistent anxiety over surging cases of the Delta coronavirus variant kept sentiment cautious.

* GOLD: Gold prices edged higher after the U.S. dollar retreated from multi-month highs, while investor concerns that the Delta coronavirus variant could dampen the global economic recovery also lifted bullion's safe-haven appeal.

* London's FTSE 100 ended higher on Friday, helped by gains in consumer staple stocks and financials, while a clutch of corporate updates helped investors look past a surprise drop in retail sales.

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

TODAY'S UK PAPERS

> Financial Times

> Other business headlines

(Reporting By Geetha Panchaksharam)

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