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UPDATE 1-UK Stocks-Factors to watch on June 4

Published 04/06/2020, 07:52
Updated 04/06/2020, 07:54
© Reuters.

(Adds futures, news items)
June 4 (Reuters) - Britain's FTSE 100 .FTSE index is seen
opening 8 points lower on Thursday, according to financial
bookmakers, with futures FFIc1 down 0.4%, ahead of the cash
market open.

* ASTON MARTIN: Aston Martin AML.L said it plans to shed
up to 500 jobs as it seeks to bring its cost base into line with
reduced sports car production levels. * IG Group: IG Group IGG.L is forecasting full-year net
trading revenue of around 649 million pounds, up from 476.9
million pounds last year. * YOUNG'S: Young & Co's Brewery YNGa.L said it expects its
2021 full-year performance to be materially below average.
* LOOKERS: Lookers LOOK.L set out plans to close 12 sites
and lay off 1,500 employees amid the coronavirus
crisis. * ICG: ICG ICP.L posted a 22% jump in full-year assets
under management but lower valuations triggered by the
coronavirus pandemic pushed its investment arm into a 68.6
million pound loss for the period. * BOE: Bank of England asks banks to estimate pandemic loan
losses. * BANKS: Hong Kong-listed shares of HSBC and Standard
Chartered rose after the banks backed China's imposition of a
national security law on the city, even as a pro-democracy and
newly formed financial workers' union criticized the move.
* FTSE REBALANCE: Britain's FTSE Russell has confirmed that
EasyJet EZJ.L and cruise operator Carnival CCL.L will exi
* OIL: Oil prices fell on concerns that supply will rise if
major producers are unable to agree to extend the depth of
output cuts that have supported recent gains. O/R
* UK shares closed at three-month highs on Wednesday as
better-than-expected data from the world's two largest economies
pointed to an ongoing economic recovery from the coronavirus.

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* For more on the factors affecting European stocks, please
click on: LIVE/
TODAY'S UK PAPERS
> Financial Times PRESS/FT
> Other business headlines PRESS/GB

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