London Stocks Seen Opening Lower as China Concerns Weigh0756 GMT - The FTSE 100 is expected to open 17 points lower, according to IG, having closed on Friday at 7385.52, tracking falls in Asian stock markets amid concerns about increased numbers of Covid-19 cases in China and the possibility of further lockdowns. "Renewed concerns that China may tighten its Covid curbs are leading to a softer tone in major equity futures this morning," analysts at UniCredit Research say in a note. ---Keywords Studios Sees 2022 Revenue, Adjusted Pretax Profit Ahead of ViewsKeywords Studios PLC said Monday it expects 2022 revenue and adjusted pretax profit to be comfortably ahead of current consensus, and that its 2023 performance will be at the upper end of current analysts' forecast range. ---Virgin Money FY 2022 Pretax Profit Rose on Robust Income, to Buy Back SharesVirgin Money UK PLC said Monday that pretax profit for fiscal 2022 rose driven by stronger income and well-controlled costs, and that it will further return capital to shareholders. ---Diploma FY 2022 Pretax Profit Rose on Strong Organic Revenue GrowthDiploma PLC said Monday that fiscal 2022 pretax rose on an increase in organic revenue, driven by initiatives, demand and pricing, and that fiscal 2023 has begun well, consistent with its guidance.

Source: Wall Street Journal November 21, 2022 08:19 UTC