UK Stocks-Factors to watch on May 11 (updated)

Compass

11/05/2026 07:53

Adds new items, updates futures

May 11 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Monday, with futures FFIc1 up 0.25%.

* GSK: GSK GSK.L said it had entered into a strategic
collaboration
 with Hong Kong-listed Sino Biopharmaceutical 1177.HK to accelerate the launch of its hepatitis B treatment bepirovirsen in mainland China.

* COMPASS GROUP: Compass Group CPG.L raised its 2026 profit
 outlook
, as the world's largest caterer bets on strong demand for workplace dining and new contract wins to offset rising concerns over the impact of artificial intelligence on office-based clients.

* HEATHROW: Heathrow Airport said its passenger numbers fell 5% to 6.7 million in April as the Iran war
disrupted
 travel plans, with traffic from the Middle East plunging more than 50%.

* JOBS: Britain's jobs market lost momentum in April after recruiters turned more cautious about hiring as the Iran war heightened cost pressures, an industry survey showed.

* OIL: Oil prices rallied, a day after President Donald Trump said Iran's response to a U.S. proposal was "unacceptable," raising supply fears as the Strait of Hormuz stayed largely closed, which kept the global market tight.

* METALS: Copper prices edged higher, supported by stronger-than-expected inflation data from top consumer China and supply concerns after Freeport delayed a full recovery of its Grasberg mine in Indonesia.

* GOLD: Gold prices fell, as a lack of progress in U.S.-Iran peace negotiations pushed oil prices higher, fuelling concerns that elevated inflation could keep interest rates higher for longer.

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

TODAY'S UK PAPERS
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(Compiled by Neeshita Beura in Bengaluru)

((Neeshita.Beura@thomsonreuters.com))