UK Stocks -- Factors to watch on June 29
LONDON, June 29 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening steady on Monday following muted moves in Asia as the second quarter draws towards a close, according to financial bookmakers.
The UK blue chip index is seen down 8 point to up 4 points after it closed 11.56 points lower on Friday at 4,241.01.
On the macro front, investors will look to May Bank of England consumer credit and mortgage lending numbers for clues to the recovery of the domestic economy.
No major U.S. data is due on Monday, so the focus will be on Thursday's June U.S. jobs report.
Energy stocks are likely to be under pressure with crude slipping beneath $69 per barrel.
In a sign that the recession may be easing, the annual fall in house prices in England and Wales slowed for a third successive month in June after rising demand outpaced the supply of homes for sale, property data company Hometrack said. [ID:nLQ363558]
Banks will be in focus once again after Business Minister Peter Mandelson said Britain plans to keep financial regulation in the hands of a beefed-up Financial Services Authority rather than transfer the powers to the Bank of England. [ID:nLS424971]
* US STOCKS-Palm lifts Nasdaq, but oil drags Dow down [ID:nN26348077]
* Nikkei turns negative as oil slides, traders fall [ID:nT176285]
* GLOBAL MARKETS-Asia stocks mixed, dollar regains footing [ID:nSP482007]
* TREASURIES-Edge down, losses limited before Fed buying [ID:nT359962]
* Dollar steady, market eyes reserve currency debate [ID:nT358330]
* Oil falls below $69 as Nigeria threat eases [ID:nSYD480539]
* PRECIOUS-Gold inches down to $935, ETF steady [ID:nT240800]
* METALS-Copper up 1 pct as mkt remains bullish, data eyed [ID:nSHA360148]
UK stocks to watch on Monday are:
ANGLO AMERICAN (AAL.L)
Anglo American is building its defences against a $41 billion pound ($67.74 billion) merger approach from Xstrata by plotting talks about a major Chinese investment, the Sunday Telegraph reported. [ID:nLS509625]
VODAFONE (VOD.L)
British mobile phone operator Vodafone Group (VOD.L) is considering a bid
for T-mobile UK, even though any deal could be stopped by regulatos, the
Financial Times reported on Monday. [ID:nLS523841]
MARKS & SPENCER (MKS.L)
Shareholder of the retailer, the Local Authority Pension Fund Forum, is backing Sir David Michels, the former Hilton boss, to replace Stuart Rose as chairman, reported the Sunday Times. [ID:nLS440122]
BP (BP.L)
Fresh concerns have emerged over the future of BP's alternative energy business after a fire broke out at one of the comapny's largest solar power installations in Germany, the Times said.
ITV (ITV.L)
The broadcaster has placed Elizabeth Murdoch on the short-list to become the company's new chief executive, reported the Sunday Telegraph. [ID:nLS451575]
NATIONAL EXPRESS (NEX.L)
British train and bus operator National Express Group (NEX.L) has rejected an unsolicited takeover bid from rival FirstGroup (FGP.L), the Financial Times reported on Monday without citing sources. [ID:nLT612580]
ASOS (ASOS.L)
The on-line retailer reports full-year results.
PREMIER FOODS (PFD.L)
The food producer issues a trading update.
SENIOR <SNR.L.
The enginnering group issues a trading update.
SIBIR ENERGY (SBE.L)
The Russian-focused oil and gas explorer holds its annual general meeting.
CASPIAN HOLDINGS (CSH.L)
The oil and gas development company holds its annual general meeting.
ARIANA RESOURCES (ARNR.L)
The Turkey-focused gold explorer holds its annual general meeting.
BALTIC OIL TERMINALS (BTC.L)
The oil terminals operator holds its annual general meeting.
TODAY'S UK PAPERS
> Financial Times [PRESS/FT]
> Other business headlines [PRESS/GB]
(Reporting by Simon Falush)
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