April 27, 2018 / 6:31 AM / a year ago

UPDATE 1-UK Stocks-Factors to watch on April 27

(Adds futures, company events)

April 27 (Reuters) - Britain’s FTSE 100 index is seen opening 5 points higher on Friday, according to financial bookmakers, with futures up 0.2 percent ahead of the cash market open.

** RBS: Britain’s Royal Bank of Scotland on Friday reported a much better-than-expected attributable pre-tax profit of 792 million pounds ($1.10 billion) in the first quarter, as bad loan provisions and restructuring costs fell.

** TRAVIS PERKINS: Travis Perkins, Britain’s biggest supplier of building materials, said on Friday its expectations for 2018 were unchanged after reporting a rise in first-quarter sales despite adverse weather in February and March.

** MERLIN ENTERTAINMENTS: Madame Tussauds operator Merlin Entertainments said it was trading in line with expectations and although visits to its London sites remain subdued following last year’s attacks it expected them to recover over time.

** HSBC: A former HSBC Holdings Plc executive was sentenced to two years in prison on Thursday after he was found guilty by a jury of defrauding Cairn Energy Plc in a $3.5 billion currency trade in 2011.

** KAZ MINERALS: Kazakhstan-focused Kaz Minerals will scrap its secondary listing in Hong Kong because of a lack of appetite from investors, the company said on Thursday.

** CARPETRIGHT: Creditors and landlords of Carpetright approved the struggling British retailer’s restructuring plan at a meeting on Thursday.

** Royal Dutch Shell: Royal Dutch Shell said on Thursday it would write down its reserves in the Groningen gas field, one of Europe’s largest, following the Dutch government’s decision to phase out production by 2030.

* OIL: Oil prices edged lower on Friday, but Brent largely held its gains from the previous session amid concerns that Iran may face renewed sanctions, choking off supply.

* GOLD: Gold prices languished near a five-week low on Friday, set for a decline of more than 1 percent this week, weighed down by a strong dollar, high U.S. Treasury yields and easing geo-political concerns.

* The UK blue chip index closed 0.57 percent higher at 7421.43 points on Thursday, underperforming most European peers, failing to join a global bounce as a missed cash flow forecast from Royal Dutch Shell disappointed investors and weighed heavily on the blue chip index.

* For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets


> Financial Times

> Other business headlines Multimedia versions of Reuters Top News are now available for: * 3000 Xtra : visit topnews.session.rservices.com * For Top News : topnews.reuters.com (Reporting by Justin George Varghese)

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