UK Stocks-Factors to watch on May 4

Reuters2021-05-04

May 4 (Reuters) - Futures for Britain's FTSE 100 index were 0.32% higher on Tuesday.

* BP: BP Plc is preparing to bid for the rights to build wind farms off Scotland, The Times reported early on Monday.

* PROVIDENT FINANCIAL: Britain's Provident Financial Plc is closing down its doorstep lending business after 141 years, the Mail on Sunday newspaper reported.

* VODAFONE GROUP: Vodafone Group Plc and Alphabet Inc's Google Cloud entered a strategic partnership to jointly develop data services, Vodafone said on Sunday.

* TRAVEL: Britain has been urged to publish its "green" list of countries where people from England will be able to travel as soon as possible as the May 17 date for the restart of holidays nears.

* GOLD: Gold prices retreated from a more than two-month high due to an uptick in the dollar.

* OIL: Oil prices extended gains as more U.S. states eased lockdowns and the European Union sought to attract travellers.

* The UK blue-chip index closed 0.1% higher on Friday, boosted by earnings updates from AstraZeneca and Smurfit Kappa which help offset a slump in Barclays shares due to a cautious outlook despite profits beating expectations.

* UK CORPORATE DIARY:

FEN.L Frenkel Topping FY results

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

TODAY'S UK PAPERS

> Financial Times

> Other business headlines

(Reporting by Priyanshi Mandhan in Bengaluru)

((Priyanshi.Mandhan@thomsonreuters.com; +91 9650985606;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Crixalis
    2021-05-04
    Crixalis
    swap comment and like☺
Leave a comment
1