June 17, 2019 / 5:30 AM / a month ago

UK Stocks-Factors to watch on June 17

    June 17 (Reuters) - Britain's FTSE 100 index is seen opening 23
points higher at 7,369 on Monday, according to financial bookmakers. 
    
    * HARGREAVES LANSDOWN: Hargreaves Lansdown Chief Executive Officer
Chris Hill is waiving a bonus of as much as 2.1 million pounds ($2.65 million)
over the firm's links with Neil Woodford's suspended fund, the Financial Times
reported on Sunday.
    * SERCO, BABCOCK: British outsourcer Serco has made two attempts to
merge with its bigger rival Babcock in a deal focused on the defence
industry which would have created a company worth 4 billion pounds ($5 billion),
The Sunday Times reported.
    * RBS: Royal Bank of Scotland (RBS) said on Sunday the completion of a
merger between Alawwal bank and Saudi British Bank would
lead to RBS shedding 4.7 billion pounds ($5.9 billion) of risk weighted assets
and boost its core capital.
    * GOALS SOCCER CENTRES: British five-a-side football pitch operator Goals
Soccer Centres is preparing to launch a sale process within months, Sky
News reported on Saturday.
    * RYANAIR: Belgium's labour laws can apply to Ryanair employees
based in the country, a local court ruled on Friday, in a case that could set a
precedent elsewhere in Europe and upholds a 2018 agreement reached between the
airline and Belgian unions.
    * OIL: Oil prices rose on Monday after U.S. Secretary of State Mike Pompeo
said Washington will take all actions necessary to guarantee safe navigation in
the Middle East, as tensions mounted following attacks on tankers last week.

    * GOLD: Gold prices steadied on Monday after retreating from a 14-month peak
in the previous session, as the dollar strengthened on back of strong U.S.
retail sales report, while investors await U.S. Federal Reserve meeting this
week.
    * The UK blue chip index slipped by 0.3% on Friday as Asia-focused banks
took a hit from underwhelming Chinese industrial growth data, while Kier shed
more than a third of its value after it was reported to be planning to sell its
housebuilding unit at a discount.
    * For more on the factors affecting European stocks, please click on:

    
    * UK CORPORATE DIARY:
 Scottish Investment Trust PLC            Half Year 2019 Earnings
    TODAY'S UK PAPERS
    > Financial Times                     
    > Other business headlines            

 (Reporting by Tanishaa Nadkar in Bengaluru)
  
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below