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UPDATE 1-UK Stocks-Factors to watch on April 28

Published 28/04/2020, 07:43
© Reuters.
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(Adds company news items and futures)
April 28 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 1
point lower at 5,846 on Tuesday, according to financial bookmakers, with futures
up 0.26% ahead of cash market open.
* TRAVIS PERKINS: Travis Perkins TPK.L , Britain's largest distributor of
building materials, said its total revenue in the first three weeks of April was
about one third of the same period in 2019 due to the coronavirus crisis.
* MARKS & SPENCER: British retailer Marks & Spencer MKS.L said it had
taken steps to secure more liquidity to help it cope with the downturn caused by
the coronavirus pandemic and it had significant facilities available to it for
18 months. * HSBC: HSBC Holdings HSBA.L warned of more earnings pain to come after
first-quarter profit nearly halved as it boosted provisions against bad loans
expected to rise amid the coronavirus pandemic. * DIAGEO: Diageo DGE.L , the world's largest spirits maker, launched a $2.5
billion bond offering on Tuesday, weeks after suspending its share buyback
programme in response to the coronavirus crisis. * OIL: Oil prices slumped on Tuesday, extending the previous session's
slide, on worries about limited capacity to store crude worldwide and
expectations that fuel demand may only recover slowly as coronavirus pandemic
restrictions are gradually eased. * GOLD: Gold fell on Tuesday as risk appetite was boosted by plans of some
countries to ease coronavirus curbs in a phased manner, but prices held above
the key $1,700 per ounce level amid hopes for more stimulus to cushion the
fallout from the pandemic.
* The UK blue-chip index .FTSE closed up 1.6% on Monday, boosted by banks
and travel stocks, as investors globally returned to riskier assets after
several countries signalled the easing of lockdowns measures. For more on the factors affecting European stocks, please click on:
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