Get 40% Off
💰 Buffett reveals a $6.7B stake in Chubb. Copy the full portfolio for FREE with InvestingPro’s Stock Ideas toolCopy Portfolio

UK Stocks-Factors to watch on June 4

Published 06/04/2020, 01:13 PM
Updated 06/04/2020, 01:20 PM
© Reuters.
UK100
-
EZJ
-
PNN
-
IGG
-
ICGIN
-
CCL
-
RWI
-
YNGa
-

June 4 (Reuters) - Britain's FTSE 100 .FTSE index is seen
opening 8 points lower on Thursday, according to financial
bookmakers.

* BANKS: Hong Kong-listed shares of HSBC and Standard
Chartered rose after the banks backed China's imposition of a
national security law on the city, even as a pro-democracy and
newly formed financial workers' union criticized the move.
* CAR SALES: British car sales edged up in May after falling
to their lowest since 1946 in April, but still remained almost
90% below their level a year earlier as coronavirus restrictions
limited sales. * MONZO: British digital bank Monzo is cutting up to 120
jobs, according to an internal note seen by Reuters on
Wednesday, as the impact of the coronavirus pandemic on its
business begins to bite. * FTSE REBALANCE: Britain's FTSE Russell has confirmed that
EasyJet EZJ.L and cruise operator Carnival CCL.L will exit
Britain's top blue-chip share index .FTSE , as the value of
their stock dropped below the required threshold due to the
coronavirus. * GOLD : Gold prices gained from last session's fall on
lingering political tensions and a weaker dollar. GOL/
* OIL: Oil prices fell on concerns that supply will rise if
major producers are unable to agree to extend the depth of
output cuts that have supported recent gains. O/R
* UK shares closed at three-month highs on Wednesday as
better-than-expected data from the world's two largest economies
pointed to an ongoing economic recovery from the coronavirus.

* UK CORPORATE DIARY:
Pennon Group PNN.L FY results
IG Group Holdings IGG.L Trading statement
Renewi Plc RWI.L FY results
Intermediate Capital Group ICP.L FY results
Young & Co's Brewery YNGa.L FY results

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

* For more on the factors affecting European stocks, please
click on: LIVE/
TODAY'S UK PAPERS
> Financial Times PRESS/FT
> Other business headlines PRESS/GB

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.