Get 40% Off
💰 Buffett reveals a $6.7B stake in Chubb. Copy the full portfolio for FREE with InvestingPro’s Stock Ideas toolCopy Portfolios

UK Stocks-Factors to watch on May 31

Published 31/05/2019, 06:41
UK Stocks-Factors to watch on May 31
UK100
-
HSBA
-
DCD
-
CAY
-

May 31 (Reuters) - Britain's FTSE 100 .FTSE index is seen 26 points lower
at 7,192 on Friday, according to financial bookmakers.

* HSBC: HSBC HSBA.L is set to cut several hundred jobs in its investment
banking business by the end of the year, according to a source familiar with the
matter, as it seeks to improve returns. * GOLD: Gold prices rose on Friday, heading towards their first monthly gain
since January on increased safe-haven demand, after U.S. President Donald Trump
vowed to levy tariffs on all Mexican imports, ratcheting up concerns of a global
economic slowdown. * OIL: Oil prices fell on Friday and were on track for their biggest monthly
fall since November as trade conflicts spread and U.S. crude output returned to
record levels. * The UK blue chip index rose 0.5% on Thursday as the pound slipped on
concerns that outgoing Prime Minister Theresa May's successor might push for a
hard Brexit, helping more internationally focused stocks gain. * For more on the factors affecting European stocks, please click on:
LIVE/

* UK CORPORATE DIARY:
DCD Media PLC DCD.L Full Year 2018 Earnings
Charles Stanley Group PLC CAY.L Full Year 2019 Earnings
TODAY'S UK PAPERS
> Financial Times PRESS/FT
> Other business headlines PRESS/GB

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.