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UPDATE 1-UK Stocks-Factors to watch on May 10

Published 05/10/2021, 02:42 PM
Updated 05/10/2021, 02:50 PM
© Reuters
UK100
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AZN
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VANQ
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MGGT
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DTY
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GRG
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UK100
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AZN
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(Adds news items)
May 10 (Reuters) - Futures for Britain's FTSE 100 index FFIc1 were up
0.40% at 7,131 on Monday.

* DIGNITY: Dignity Plc DTY.L reported a 35% jump in first-quarter profit
due to a rise in demand for funeral services amid the COVID-19
pandemic. * PROVIDENT FINANCIAL: Provident Financial PFG.L called it quits on its
doorstep-lending division, putting 2,100 jobs at risk. * GREGGS: Greggs GRG.L raised its profit outlook after a strong recovery
in sales following the easing of COVID-19 restrictions. * ASTRAZENECA: AstraZeneca (NASDAQ:AZN) Plc AZN.L may skip asking the U.S. Food and
Drug Administration for emergency-use authorization for its COVID-19 vaccine and
instead pursue the more time-intensive application for a full-fledged license to
sell the shot, the Wall Street Journal reported on Friday. * COVID-19: British Prime Minister Boris Johnson will hold a press
conference later today about how the country will move into the next phase of
reopening from the COVID-19 lockdown, junior minister Nadine Dorries
said. * TRADE: Companies in freeports in Britain will not get to enjoy the full
benefits of the new tax-efficient zones if they are exporting to certain
countries including Canada, Norway, Switzerland and Singapore, the Financial
Times reported on Sunday. * GOLD: Gold prices inched higher after weaker-than-expected U.S. jobs data
supported hopes that interest rates will remain low for some time, bolstering
the metal's appeal. * OIL: Crude prices rose after a major cyberattack forced the shutdown of
critical fuel supply pipelines in the United States and highlighted the
fragility of its oil infrastructure. * The UK blue-chip index .FTSE closed 0.7% higher on Friday as hopes of a
stronger economic recovery lifted industrial and consumer discretionary stocks,
while Meggitt MGGT.L shares soared on a takeover report. * For more on the factors affecting European stocks, please click on:
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TODAY'S UK PAPERS
> Financial Times PRESS/FT
> Other business headlines PRESS/GB

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