UPDATE 1-UK Stocks-Factors to watch on June 23

  • Reuters
  • Stock Market News
UPDATE 1-UK Stocks-Factors to watch on June 23
Credit: © Reuters.

(Adds futures, news items)

June 23 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 32 points higher at 6,277 on Tuesday, according to financial bookmakers, with futures FFlc1 up 0.58% ahead of cash markets open.

* INTU PROPERTIES: Cash-strapped British mall operator Intu Properties INTUP.L said it had appointed KPMG to plan for a potential move into administration. RBS: Royal Bank of Scotland RBS.L said it would give business customers another six months to take advantage of incentives to switch their accounts to other banks. PEPCO: Pepco Group, the owner of British discount retailer Poundland, reported a 16.3% fall in first-half profit to 89 million euros ($100 million). LSE: European Union antitrust regulators on Monday warned about the possible anti-competitive effects of the London Stock Exchange's $27 billion bid for data and analytics company Refinitiv. ENTERTAINMENT: Cinemas, museums and galleries in England can reopen from July 4, Prime Minister Boris Johnson will say on Tuesday. CAR INDUSTRY: Britain's car industry called on the government to introduce additional measures such as a sales tax cut to boost the sector. OIL: Oil prices steadied after a volatile session sparked by confusion over the fate of the U.S.-China trade deal. GOLD: Gold eased on Tuesday on expectations of positive manufacturing data from the euro zone. METAL: Copper prices fell on Tuesday due to concerns over the global economic outlook. The UK blue-chip index .FTSE closed down 0.8% on Monday, as a surge in global coronavirus cases sparked fears of more lockdowns and economic damage. For more on the factors affecting European stocks, please click on: LIVE/


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