UPDATE 1-UK Stocks-Factors to watch on April 6

  • Reuters
  • Stock Market News
UPDATE 1-UK Stocks-Factors to watch on April 6
Credit: © Reuters.

(Adds futures, news items)

April 6 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 42 points higher at 6,780 on Tuesday, according to financial bookmakers, with futures .FFIc1 up 0.6% ahead of the cash market open.

* BP PLC: BP BP.L expects to reach its $35 billion net debt target in the first quarter of 2021, the energy group said on Tuesday, following earlier-than-expected proceeds from disposals and a "very strong" quarter. WIZZ AIR: Wizz Air WIZZ.L said it operated just below 20% of its capacity in March, flying 480,000 passengers to primarily European destinations, as restrictions due to COVID-19 continue to hold back travel. UK NEW CAR SALES: British new car registrations rose by around 11% on an annual basis in March, usually one of the two top selling months of the year, according to preliminary industry data released on Tuesday. ASTRAZENECA: Britain's health regulator is considering a proposal to restrict the use of the Oxford-AstraZeneca AZN.L vaccine in younger people over concerns about very rare blood clots, Channel 4 News reported on Monday. JOHNSON AND JOHNSON: The United States has put Johnson and Johnson JNJ.N in charge of a plant that ruined 15 million doses of its COVID-19 vaccine and has stopped British drugmaker AstraZeneca Plc from using the facility, a senior health official said on Saturday. UK AIRLINES: British Prime Minister Boris Johnson said on Monday his government wanted to get the aviation industry flying again and would offer airlines "as much notice" as it could so they can prepare for the resumption of non-essential foreign travel. LOANS: Britain will on Tuesday launch a government-backed loan scheme to help companies access finance as the economy reopens from a strict lockdown, offering maximum loans of 10 million pounds ($14 million). OIL: Oil prices rose early on Tuesday as a drop in the U.S. dollar made crude a more attractive buy, paring losses of more than 4% incurred overnight on the prospect of producers returning more than 2 million barrels per day of supply to the market by July. GOLD: Gold prices rose on Tuesday to their highest level in more than a week as a weaker dollar and pullback in U.S. bond yields lifted demand for the safe-haven metal. The blue-chip FTSE 100 index .FTSE ended 0.4% higher Thursday as hopes of a swifter economic rebound this year boosted sentiment, while Quilter rose after agreeing to sell its international business to Utmost Group. For more on the factors affecting European stocks, please click on: LIVE/


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