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UK Stocks-Factors to watch on May 28

Published 28/05/2019, 06:22
UK Stocks-Factors to watch on May 28
UK100
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HSBA
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BP
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VTYV
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LMI
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GFRD
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ACAA
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GOLD
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KNOS
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FINF
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May 28 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 28
points higher at 7,306 on Tuesday, according to financial bookmakers.

* HSBC: HSBC Holdings PLC HSBA.L on Monday named Kanakanjan Ray as head of
its Financial Institutions Group in Southeast Asia. * FINABLR: Payments and foreign exchange company Finablr FINF.L plans to
use half of the proceeds from its share sale in London earlier this month to
expand both organically and via acquisitions, its chief executive said on
Sunday. * GALLIFORD: Britain's Galliford Try plc GFRD.L said on Saturday it had
rejected a bid from home builder Bovis Homes Group BVS.L as the offer was not
in the interests of all shareholders. * BP: BP Plc BP.L continued on Friday the restart of the small crude
distillation unit (CDU) at its 413,500 barrel-per-day (bpd) Whiting, Indiana,
refinery, said sources familiar with plant operations. * ACACIA MINING, BARRICK GOLD: Barrick Gold Corp's ABX.TO offer to buy the
rest of Acacia Mining ACAA.L for $787 million is fair because the Canadian
company is taking on more risk by increasing its exposure to Tanzania, its chief
executive said on Friday. * GOLD: Gold prices inched lower on Tuesday, dropping for the first time in
four sessions, as the dollar rebounded from multi-week lows after the European
Union parliamentary election results and amid simmering Sino-U.S. trade
tensions. * OIL: Brent crude oil prices consolidated above $70 per barrel on Tuesday
as supply cuts led by producer club OPEC and U.S. sanctions on Iran's and
Venezuela's fuel exports outweighed concerns about an economic slowdown.
* The UK blue chip index added 0.7% on Friday after Prime Minister Theresa
May announced her resignation date as head of her party in a widely expected
move that nevertheless raises the prospect of a successor likely to seek a more
hardline Brexit deal. * For more on the factors affecting European stocks, please click on:
LIVE/

* UK CORPORATE DIARY:
Kainos Group PLC KNOS.L Preliminary 2019 Earnings
Lonmin Plc LMI.L Ordinary Shareholder Meeting
TODAY'S UK PAPERS
> Financial Times PRESS/FT
> Other business headlines PRESS/GB

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