UK Stocks-Factors to watch on May 23

Keywords Studios

23/05/2024 06:26

May 23 - Britain's FTSE 100  .FTSE  index is seen
opening flat on Thursday, with futures  FFIc1  up 0.04%. 
    * BP: Oil major BP  BP.L  has paused discussions with
Venezuela on the development of a gas project on the maritime
border with Trinidad and Tobago following the expiration of a
U.S. license to Venezuela in April, a company spokesperson said.
    * HARGREAVES LANSDOWN: A consortium comprising CVC Advisers
and the Abu Dhabi Investment Authority said it was considering a
possible revised offer for Hargreaves Lansdown  HRGV.L  after
the British investment platform's board rejected a buyout
proposal it had made in April.
    * ANGLO AMERICAN: BHP  BHP.AX  will stand firm on the
structure and value of its latest takeover proposal for Anglo
American  AAL.L , focusing instead on allaying its target's
concerns around execution risks over the coming week, sources
said.
    * NATWEST GROUP: Britain is poised to scrap a milestone sale
of shares in NatWest Group  NWG.L  to the general public, three
sources familiar with the matter said, hours after Prime
Minister Rishi Sunak called the UK's first July general election
since 1945.
    * EX-DIVS: Keyword Studios  KWS.L , Whitbread  WTB.L ,
Burford Capital  BURF.L  and Fintel  FNTL.L  will trade without
entitlement to its latest dividend pay-out on Thursday. 
    * GOLD: Gold prices drift lower on hawkish Fed minutes 
    * OIL: Oil prices fall for fourth straight day as U.S. rate
hike prospects emerge
    * Britain's FTSE 100 closed at a two-week low on Wednesday
after hotter-than-expected British inflation pushed back hopes
of a June interest rate cut by the Bank of England, while upbeat
corporate earnings kept declines in check.
    
    * UK CORPORATE DIARY:   

  National Grid      NG.L      FY results
    Wizz Air        WIZZ.L     FY results
 Johnson Matthey    JMAT.L     FY results
   Bloomsbury       BLPU.L     FY results
 Sabre Insurance    SBRE.L     Q1 trading
                                 update
    AJ Bell         AJBA.L     HY results
     Aviva           AV.L      Q1 trading
                                 update
  International     IDSI.L     FY results
   Distrbution                 
    Services                   
   Tate & Lyle      TATE.L     FY results
    
    * 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 Echha Jain in Bengaluru)
 ((Echha.jain@thomsonreuters.com))