UK Stocks-Factors to watch on March 5

Reuters03-05 12:53
UK Stocks-Factors to watch on March 5

March 5 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Thursday, with futures FFIc1 up 0.4%.

* SHELL: Raizen RAIZ4.SA said it is analysing a proposal for a Shell-led SHEL.L 4 billion real capital injection, while indicating that a solution to its debt crisis could be implemented in an out-of-court restructuring process.

* BRITISH AMERICAN TOBACCO: British American Tobacco BATS.L is facing a London lawsuit from shareholders over allegations the cigarette maker failed to properly tell markets about breaches of U.S. sanctions in relation to its business in North Korea.

* ENERGY PRICE: Britain's domestic energy price cap is forecast to rise by about 10% in July in response to a surge in wholesale prices tied to the war in Iran, analysts at Cornwall Insight said.

* OIL: Oil prices rose amid growing concern over the prolonged closure of the Strait of Hormuz.

* METALS: Aluminium prices extended gains as concerns grew about supply from the war-torn Middle East after Aluminium Bahrain (Alba) ALBH.BH halted shipments.

* GOLD: Gold rose as the widening Middle East conflict drove investors towards the safe-haven asset.

* EX-DIVS: Rio Tinto RIO.L, RIO.AX will trade without entitlement to its latest dividend pay-out on Thursday.

* FTSE: UK shares stabilized on Wednesday after a two-day slump fuelled by an escalating conflict in the Middle East, while shares of housebuilders slumped following mixed results and leadership changes at Barratt Redrow and Vistry.

* UK CORPORATE DIARY:

Taylor Wimpey

TW.L

FY results

Reckitt

RKT.L

FY results

Entain

ENT.L

FY results

ITV

ITV.L

FY results

PageGroup

PAGE.L

FY results

Harbour Energy

HBR.L

FY results

Rentokil Initial

RTO.L

FY Prelim

Admiral Group

ADML.L

FY results

Aviva

AV.L

FY results

* 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

(Compiled by Neeshita Beura in Bengaluru)

((Neeshita.Beura@thomsonreuters.com))

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