NVDA Q3 Earnings Alert: Why our AI stock picker is still holding Nvidia stockRead More

UPDATE 1-UK Stocks-Factors to watch on May 11

Published 11/05/2021, 07:49
Updated 11/05/2021, 07:54
© Reuters.
UK100
-
NWG
-
EQNR
-
AZN
-
MRW
-
CPI
-
SSE
-
UK100
-
ICAG
-
AZN
-
9984
-
AMGO
-
THG
-

(Adds news items, futures)
May 11 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 84
points lower at 7,039 on Tuesday, according to financial bookmakers, with
futures FFIc1 seen down 1.30% ahead of cash market open.

* AMIGO: Amigo AMGO.L said Britain's financial regulator has told the
company it intends to oppose a rescue plan at a court hearing on the basis that
the court cannot be satisfied that the current proposal was fair. * CAPITA: Capita CPI.L said it would appoint G4S executive Tim Weller as
its finance chief, replacing Gordon Boyd who was with the company on a temporary
basis. * IAG: IAG ICAG.L said it would launch a convertible bond with an initial
issue size of about 800 million euros due in 2028 to strengthen its balance
sheet. * MORRISONS: Morrisons MRW.L reported a sharp slowdown in quarterly sales
growth as its trading overlapped the country's first COVID-19 lockdown when
panicked shoppers sent sales soaring. * NATWEST: The British government has completed the sale of 1.1 billion
pounds in shares of NatWest NWG.L , lowering its stake in the lender it bailed
out over a decade ago to below 55%. * SSE: SSE SSE.L and Equinor EQNR.OL announced they were jointly
developing a new gas-fired power plant equipped with carbon capture technology
at Peterhead in Scotland. * THG: THG Plc THG.L will raise $1 billion in fresh equity, including $730
million from Softbank Group 9984.T , which has an option to investor a further
$1.6 billion in the group, the company said. * ASTRAZENECA: AstraZeneca (NASDAQ:AZN) Plc AZN.L has delivered 50 million doses of its
COVID-19 vaccine to European Union countries, according to EU supply data, a
milestone the company had originally been expected to hit in January.
* GOLD: Gold prices inched up as a weaker dollar and a pullback in Treasury
yields boosted the metal's appeal. * OIL: Oil prices fell as fears of prolonged outage of the largest U.S. fuel
pipeline system, Colonial Pipeline, faded. * The UK blue-chip index .FTSE closed 0.1% lower on Monday as weakness in
industrial stocks and a stronger pound following the outcome of the Scottish
election outweighed gains in miners. * 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

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.