Centrica PLC (CNA.L)
17 May 2019
European stocks continued their decline on Monday, on the heels of this year's biggest weekly loss, as an escalation in the U.S.-China trade war battered sentiment and prompted investors to shift into safer bets.
* Metro Bank skids to all-time low again (Adds news items, analyst comment, updates to closing prices)
* Utilities stocks gain, investors favor defensive bets (Updates to close, adds strategist's quote)
FRANKFURT/LONDON E.ON and Centrica, two of Britain's so-called "big six" energy providers, warned on Monday of a toughening retail market, raising the chance of cost cuts in response to falling profits.
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May 13 Britain's FTSE 100 edged up on Monday, led by oil heavyweights and as investors flocked to defensive stocks on concern over the stand-off in Sino-U.S. trade negotiations.
May 13 European shares extended losses early on Monday from the biggest weekly slump this year as the U.S.-China standoff quelled hopes that the two largest economies will be able to resolve their trade dispute anytime soon.
May 13 Britain's largest energy supplier Centrica Plc faces a challenging trading environment in the first half of the year due to a national cap on energy prices, warmer-than-normal weather and weak UK natural gas prices, it said on Monday.
May 13 Britain's largest energy supplier Centrica Plc said on Monday it is facing a challenging trading environment due to a national price cap on energy bills, warmer-than-normal weather and falling UK natural gas prices.
* Metro slips to a fresh life low (Adds company news items, changes analyst comments, updates to closing prices)