UK Stocks-Factors to watch on May 25

  • Reuters
  • Stock Market News
UK Stocks-Factors to watch on May 25
Credit: © Reuters.

May 25 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up 53 points, or 0.9 percent higher on Wednesday, according to financial bookmakers. For more on the factors affecting European stocks, please click on The UK blue chip index closed up 82.83 points, or 1.4 percent higher on Tuesday at 6,219.26 points, bolstered by a rally in banking stocks and a well-received trading statement from Kingfisher KGF.L . AB INBEV/SABMILLER: The world's largest brewer, Anheuser-Busch InBev ABI.BR , gained EU antitrust approval on Tuesday for its $100 billion-plus acquisition of SABMiller SAB.L on condition it sell almost the whole of SABMiller's beer business in Europe. SHANKS/VAN GANSEWINKEL: Britain's Shanks Group Plc SKS.L is considering a bid for Van Gansewinkel Groep BV, Benelux's largest waste management company, for an undisclosed sum, the companies said. HSBC: HSBC Holdings HSBA.L will issue $2 billion of bonds that would convert into shares if the bank's capital strength falls below a certain level, it said on Wednesday. BREXIT: Britons are evenly split on whether the country should remain or leave the European Union, a YouGov poll showed on Wednesday, as the In campaign struggles with poor voter support for its leader, Prime Minister David Cameron. COPPER: London copper rose on Wednesday for the second straight session, buoyed by brightening economic signals in the United States that forced shorts to cover, and showing near-term resilience to a persistently strong dollar. OIL: Oil futures pushed closer to $50 a barrel on Wednesday, with U.S. crude hitting its highest in over seven months after industry data suggested a larger-than-expected drawdown in U.S. crude inventories last week. O/R

* UK CORPORATE DIARY:

Marks and Spencer Group MKS.L

Full Year Earnings Release Great Portland Estates PLC

Full Year Earnings Release GPOR.L

Pennon Group PLC PNN.L

Full Year Earnings Release Shaftesbury PLC SHB.L

Half Year Earnings Release Babcock International Group PLC Full Year Earnings Release BAB.L

Intertek Group PLC ITRK.L

Trading Statement Dixons Carphone PLC DC.L

Q4 Trading Statement Zoopla ZPLAZ.L

Half year results

TODAY'S UK PAPERS

> Financial Times

PRESS/FT

> Other business headlines

PRESS/GB

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or

100

Related Articles