UK Stocks-Factors to watch on April 23 (updated)

Hibbett

23/04/2024 07:44

(Adds new items, updates futures)
       April 23 (Reuters) - Britain's FTSE 100  .FTSE  index is
seen opening higher on Tuesday, with futures  FFIc1  up 0.46%. 
    
    * JD SPORTS: JD Sports Fashion  JD.L  has proposed to buy
American athletic-fashion retailer Hibbett Inc  HIBB.O  for
about $1.08 billion, the companies said, as the British
sportswear retailer expands across the southeastern U.S.
    * AB FOODS: Primark owner Associated British Foods  ABF.L 
forecast "significant growth" in full-year profit as it reported
a 39% jump in the first half, partly driven by margin recovery
at its clothing chain.
    * TAYLOR WIMPEY: Taylor Wimpey  TW.L  posted a rise in sales
rate during the key spring selling season and reiterated its
annual outlook.
    * ANGLO AMERICAN: Global miner Anglo American  AAL.L 
reported an 11% increase in its copper output for the first
quarter and left its 2024 guidance unchanged.
    * THG: British e-commerce firm THG  THG.L  expects revenue
to grow in the first half of the year after it posted a marginal
increase in first-quarter revenue, helped by strong demand for
its beauty business.
    * JUPITER FUND MANAGEMENT: Britain's Jupiter Fund Management
 JUP.L  reported a slight rise in its assets under management
for the first quarter, despite net outflows of 1.6 billion
pounds, as investor sentiment improved.
    * BUDGET DEFICIT: Britain's government borrowed more than
expected in March, capping the 2023/24 financial year with a
budget deficit that was 6.6 billion pounds ($8.1 billion) higher
than official forecasters expected, data showed.
    * RIO TINTO: Rio Tinto  RIO.L , Eramet  ERMT.PA  and LG
Energy  373220.KS  are among 30 companies that have submitted
proposals to develop lithium extraction technology for a Chilean
salt flat in the early stages of exploration, state-run mining
body ENAMI said.
    
    
        
  
    * 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 Prerna Bedi and DhanushVignesh Babu in Bengaluru)
 ((Prerna.Bedi@thomsonreuters.com; +91 98052 24616;))