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UPDATE 1-UK Stocks-Factors to watch on May 12

Published 05/12/2020, 02:42 PM
Updated 05/12/2020, 02:50 PM
UK100
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LLOY
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SHEL
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BHP
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VOD
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KGF
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MRW
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ABDN
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LAND
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RSW
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ENI
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600019
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(Adds news items, futures)
May 12 (Reuters) - Britain's FTSE 100 .FTSE index is seen
opening 18 points lower on Tuesday, according to financial
bookmakers, with futures down 0.3% ahead of cash market open.

* MORRISONS: British supermarket group Morrisons MRW.L
reported a 5.7% rise in group like-for-like sales in its latest
quarter, with demand boosted by the country's coronavirus
lockdown. * STANDARD LIFE ABERDEEN: Standard Life Aberdeen SLA.L
reported estimated total assets of 490 billion pounds at
end-April, after outflows of 24 billion pounds linked to the
withdrawal of a large mandate by Lloyds Banking Group LLOY.L .
* LAND SECURITIES: Property developer Land Securities
LAND.L reported a big annual pretax loss as
coronavirus-driven shutdowns forced tenants to default on rent
payments, and more stores closed amid an already failing retail
market. * BHP: The world's top listed miner BHP Group BHP.AX said
it had made its first yuan-denominated sale of iron ore to China
Baoshan Iron & Steel Co Ltd 600019.SS , known as Baosteel, and
would explore using blockchain for such transactions in future.
* RENISHAW: British engineering group Renishaw Plc RSW.L
trimmed its full-year profit forecast as it struggles with weak
market conditions in its automotive and aerospace sectors.
* KINGFISHER: Home improvement group Kingfisher KGF.L said
sales in the three months to the end of April fell by a quarter
due to coronavirus-related disruption, but store re-openings
meant it was seeing an improving trend at the beginning of May.
* VODAFONE: Vodafone VOD.L , the world's second-largest
mobile operator, met expectations with a 2.6% rise in full-year
core earnings to 14.9 billion euros ($16.10 billion), but said
it could not predict the current year outcome due to the
uncertainty caused by the coronavirus. * SHELL: Royal Dutch Shell Plc's RDSa.L joint-venture Deer
Park, Texas, refinery is operating at 87% of its
275,000-barrel-per-day (bpd) capacity because of low demand
brought on by the coronavirus epidemic, said sources familiar
with plant operations. * CARBON EMISSIONS: None of the big oil companies currently
meet U.N. targets to limit global warming despite the most
ambitious targets set by Royal Dutch Shell RDSa.L and Eni
ENI.MI , investors managing $19 trillion said. * CORONAVIRUS: Britain published guidance on Monday on how
employers should begin cautiously re-opening the economy,
including advice on re-designed workspaces and staggered shift
systems. * GOLD: Gold rose as the metal's safe-haven appeal was
boosted by growing worries about a second wave of coronavirus
infections after some countries reported a jump in new cases,
although a stronger dollar capped the gains. GOL/
* METALS: Shanghai lead hit a two-month high and prices in
London climbed to their highest in three weeks, boosted by signs
of a decline in inventories in the coming
sessions. MET/L
* OIL: Oil futures rose, boosted by an unexpected commitment
from Saudi Arabia to deepen production cuts in June to help
drain the glut in the global market that has grown as the
coronavirus pandemic crushed fuel demand. O/R
* London's FTSE 100 closed marginally higher on Monday, on
optimism about the United Kingdom's plans to gradually ease some
coronavirus-induced curbs but investors remained wary of it
potentially setting off a second wave of new infections.
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

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