UK Stocks-Factors to watch on May 29 (updated)
29/05/2025 07:53
Adds new items, updates futures May 29 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up on Thursday, with futures FFIc1 up 0.66%. * SHELL: French oil major TotalEnergies TTEF.PA announced selling its participation in the Bonga oil field to a subsidiary of Shell SHEL.L in Nigeria. * NATIONWIDE BUILDING SOCIETY: Britain's Nationwide Building Society reported its annual profit rose 30%, as it incorporated its takeover of rival Virgin Money, which made it the country's second biggest mortgage lender. * HISCOX: British insurer Hiscox HSX.L has appointed Peter Clarke, former CEO of hedge fund Man Group EMG.L, as chair designate. * ARGENTEX: Britain's Argentex AGFX.L said former CEO Harry Adams and Irish entrepreneur Terry Clune would not make a takeover offer for the currency risk management company. * BP: BP's BP.L Castrol lubricants business is attracting interest from companies such as India's Reliance Industries RELI.NS, Bloomberg News reported on Wednesday, citing people familiar with the matter. * SHEIN IPO: This time last year Britain was mounting a charm offensive on online retailer Shein, with ministers saying they had conversations with the seller of $5 t-shirts about the benefits of a London listing. * OIL: Oil prices rose by about $1 a barrel after a U.S. court blocked most of President Donald Trump's tariffs, while the market was watching out for potential new U.S. sanctions curbing Russian crude flows and an OPEC+ decision on hiking output in July. * GOLD: Gold touched a more than one-week low. * METALS: London copper prices edged higher. * EX-DIVS: Severn Trent SVT.L, National Grid NG.L , Marks & Spencer MKS.L, Hilton Foods HFG.L, Renold RNO.L, Fuller Smith FSTA.L, Informa INF.L, and Hill & Smith HILS.L will trade without entitlement to their latest dividend pay-outs. * 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 Ankita Bora and DhanushVignesh Babu in Bengaluru) ((Ankita.Bora@thomsonreuters.com))