Get 40% Off
🤑 This hedge fund gained 26.16% in the last month. Get their top stocks with our free stock ideas tool.See stock ideas

UK Stocks-Factors to watch on June 20

Published 06/20/2019, 01:27 PM
Updated 06/20/2019, 01:30 PM
UK Stocks-Factors to watch on June 20

June 20 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 24
points higher at 7,427 on Thursday, according to financial bookmakers.

* GSK: GlaxoSmithKline (GSK) GSK.L has kicked off the sale of some
consumer health brands as it seeks to raise about 1 billion pounds ($1.26
billion) before pressing ahead with a spinoff of its consumer healthcare
business, sources told Reuters. * BP: A BP BP.L drilling rig reached its destination in the North Sea on
Wednesday after 11 days of delays due to Greenpeace protests over climate
change, the activist group said.
* GOLD: Gold prices surged as much as 1.8% to their highest in more than
five years on Thursday after the U.S. Federal Reserve signalled possible
interest rate cuts later this year, sending the dollar and U.S. Treasury yields
lower. * OIL: Oil prices rose over 1 percent on Thursday as official data showed
U.S. crude stocks fell more than expected and as OPEC and other producers
finally agreed a date for a meeting to discuss output cuts. * EX-DIVS: Compass Group CPG.L , Land Securities LAND.L and United
Utilities UU.L will trade without entitlement to their latest dividend pay-out
on Thursday, trimming 1.83 points off the FTSE 100 according to Reuters
calculations.
* The UK blue chip index dipped 0.5% on Wednesday, weighed down by miners
after Rio Tinto cut its forecast for shipments from an Australian region, while
sterling's gains ahead of Bank of England meeting dragged down exporters.
* For more on the factors affecting European stocks, please click on:
LIVE/

* UK CORPORATE DIARY:
Best Of The Best PLC BOTB.L Full Year 2019 Earnings
Caretech Holdings PLC CTH.L Half Year 2019 Earnings
Dixons Carphone PLC DC.L Full Year 2019 Earnings
TODAY'S UK PAPERS
> Financial Times PRESS/FT
> Other business headlines PRESS/GB

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.