Less Ads, More Data, More Tools Register for FREE

UK Stocks-Factors to watch on May 1

Wed, 01st May 2019 06:12

May 1 (Reuters) - Britain's FTSE 100 index is seen opening 35 points higher at 7,454 on Wednesday, according to financial bookmakers.

* RIO TINTO: Copper miner Rio Tinto Ltd, "firmly believes" that the United States and China will ink a trade deal, Chief Executive Jean-Sebastien Jacques told the CNBC television network on Tuesday.

* BP: Gambia's government said on Tuesday it had signed a contract with BP to explore oil and gas off its coast.

* OIL: Oil prices fell on Wednesday after a report showed a rise in U.S. crude inventories, but global markets remained tense amid an intensifying political crisis in Venezuela, tightening U.S. sanctions on Iran, and ongoing OPEC supply cuts.

* GOLD: Gold prices eased on Wednesday on overnight gains in U.S. equities, while a May Day lull gripped most of Asian markets ahead of a closely monitored Federal Reserve decision on the future trajectory of interest rates.

* The UK blue-chip index closed down 0.3 percent as an unexpected slowdown in China's April factory activity coupled with a firmer pound weighed on the FTSE 100 as miners and exporters weakened, even as Standard Chartered surged on buyback plans.

* For more on the factors affecting European stocks, please click on:

* UK CORPORATE DIARY:

 RPS Group PLC                     RPS.L    Q1 2019 Trading Statement
 Connect Group PLC                 CNCTC.L  Half Year 2019 Earnings
 Endeavour Mining Corp             EDV.TO   Q1 2019 Earnings
 Rank Group PLC                    RNK.L    Trading Statement
 J Sainsbury PLC                   SBRY.L   Full Year 2019 Earnings
 Next PLC                          NXT.L    Q1 2019 Trading Statement

London Stock Exchange Group PLC LSE.L Q1 2019 Trading Statement Inmarsat PLC ISA.L Q1 2019 Earnings Persimmon PLC PSN.L Trading Statement GlaxoSmithKline PLC GSK.L Q1 2019 Earnings

TODAY'S UK PAPERS

> Financial Times

> Other business headlines (Reporting by Tanishaa Nadkar in Bengaluru)

Related Shares

More News
Today 00:04

Crew evacuated from Greek-owned vessel hit by Houthis

MANILA/LONDON, June 14 (Reuters) - The crew of a Greek-owned vessel damaged in an attack by Yemeni Houthi militants has been evacuated, and the aban...

13 Jun 2024 16:22

Ukraine agrees on first LNG supply deal with US company Venture Global

June 13 (Reuters) - Ukraine signed on Thursday its first liquefied natural gas (LNG) deal with a U.S. company to help to avert an energy supply crun...

11 Jun 2024 16:00

Woodside's Sangomar project produces first oil in Senegal

DAKAR, June 11 (Reuters) - Senegal's Sangomar oil and gas field has produced its first oil, operator Woodside Energy said on Tuesday, adding that th...

11 Jun 2024 13:31

OPEC keeps global oil demand forecasts unchanged

(Sharecast News) - The Organisation of the Petroleum Exporting Countries kept its short-term global oil demand forecasts unchanged.

10 Jun 2024 23:46

Sector movers: Oil majors catch a bid after nearly a month of share price declines

(Sharecast News) - Oil & Gas shares caught a bid on Monday, tracking a rebound in oil prices after about two month's of losses, despite strength in th...

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.