UK Stocks-Factors to watch on June 30
30/06/2023 05:45
June 30 (Reuters) - Britain's FTSE 100 index .FTSE is
expected to open higher on Friday, with futures FFIc1 up
0.20%.
* CAR OUTPUT: Britain's car production rose for a fourth
straight month in May, driven by higher demand for electric
vehicles, according to an industry body.
* RSV: The director of the U.S. Centers for Disease Control
and Prevention signed off on the use of new vaccines from Pfizer
PFE.N and GSK GSK.L to prevent severe respiratory syncytial
virus (RSV) infections in older adults.
* SAINSBURY's: British supermarket group Sainsbury's
SBRY.L said it was cutting the price of own-brand milk for the
second time in three months.
* INFLATION: Key determinants of British inflation such as
wage growth and core goods prices are on track to slow, creating
no need for further interest rate rises, Bank of England
policymaker Silvana Tenreyro said.
* THAMES WATER: Thames Water appointed corporate veteran
Adrian Montague as chairman.
* AUTOSTORE: Norwegian robotics firm AutoStore AUTO.OL
said it will appeal a London high court judgement in March which
dismissed its patent infringement claims against British online
supermarket and technology group Ocado OCDO.L .
* MICROSOFT: Microsoft's MSFT.O appeal against Britain's
veto of its $69 billion deal to buy Activision Blizzard will go
ahead as planned at the end of July after the Competition Appeal
Tribunal (CAT) rejected the antitrust regulator's request for a
delay.
* OIL: Oil prices edged higher on Friday with Brent poised
for its first monthly gain this year.
* London's FTSE 100 slipped on Thursday as water utility
stocks fell on prospects of tougher regulation, while hawkish
remarks on interest rate outlook from major central bankers
continued to dent risk appetite.
* 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
(Reporting by Radhika Anilkumar in Bengaluru)
((Radhika.Anilkumar@thomsonreuters.com;))