Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

UPDATE 1-UK Stocks-Factors to watch on May 10

Published 10/05/2021, 07:42
Updated 10/05/2021, 07:48
© Reuters.

(Adds news items)
May 10 (Reuters) - Futures for Britain's FTSE 100 index FFIc1 were up
0.40% at 7,131 on Monday.

* DIGNITY: Dignity Plc DTY.L reported a 35% jump in first-quarter profit
due to a rise in demand for funeral services amid the COVID-19
pandemic. * PROVIDENT FINANCIAL: Provident Financial PFG.L called it quits on its
doorstep-lending division, putting 2,100 jobs at risk. * GREGGS: Greggs GRG.L raised its profit outlook after a strong recovery
in sales following the easing of COVID-19 restrictions. * ASTRAZENECA: AstraZeneca (NASDAQ:AZN) Plc AZN.L may skip asking the U.S. Food and
Drug Administration for emergency-use authorization for its COVID-19 vaccine and
instead pursue the more time-intensive application for a full-fledged license to
sell the shot, the Wall Street Journal reported on Friday. * COVID-19: British Prime Minister Boris Johnson will hold a press
conference later today about how the country will move into the next phase of
reopening from the COVID-19 lockdown, junior minister Nadine Dorries
said. * TRADE: Companies in freeports in Britain will not get to enjoy the full
benefits of the new tax-efficient zones if they are exporting to certain
countries including Canada, Norway, Switzerland and Singapore, the Financial
Times reported on Sunday. * GOLD: Gold prices inched higher after weaker-than-expected U.S. jobs data
supported hopes that interest rates will remain low for some time, bolstering
the metal's appeal. * OIL: Crude prices rose after a major cyberattack forced the shutdown of
critical fuel supply pipelines in the United States and highlighted the
fragility of its oil infrastructure. * The UK blue-chip index .FTSE closed 0.7% higher on Friday as hopes of a
stronger economic recovery lifted industrial and consumer discretionary stocks,
while Meggitt MGGT.L shares soared on a takeover report. * 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

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

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.