UK Stocks-Factors to watch on April 14 (updated)
14/04/2025 07:54
Adds new items, updates futures April 14 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Monday, with futures FFIc1 up 1.76%. * ASHMORE: Ashmore ASHM.L reported a 5% sequential decline in third-quarter managed assets, due to some large institutional clients redeeming their holdings near the end of the period. * WOOD GROUP: Wood Group WG.L said that Dubai-based Sidara has made a conditional proposal for the oilfield services and engineering firm, comprising 35 pence apiece and a possible cash injection of 450 million pounds ($590.63 million). * ENERGEAN: Energean ENOG.L said that its Israeli subsidiary has signed a new 17-year gas sale and purchase contract with Kesem Energy. * DISTIL: RedLeg Spiced Rum maker Distil DISD.L said it was relaunching its Blavod Black Vodka in the U.S., adding that the current tariff levels were manageable, and if they were lifted in the future, it would positively impact their supply chain. * BRITISH STEEL: Britain moved to take control of British Steel and keep its blast furnaces open on Saturday as full nationalisation becomes increasingly likely. * TRADE: Britain said on Sunday it will expand financing support for exporters by 20 billion pounds ($26 billion). * HOUSING: Asking prices for housing in Britain in April are 1.3% higher than a year earlier, Rightmove RMV.L said. * COMMODITIES: Oil prices fell on concerns of escalating trade war, gold retreated from a record high after U.S. President Donald Trump exempted smartphones and computers from "reciprocal" U.S. tariffs, while London copper prices gave up earlier gains on threat of tariffs on semiconductors. * 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 Simone Lobo in Bengaluru) ((Simone.Lobo@thomsonreuters.com; +919920570373;))