UK Stocks-Factors to watch on April 23

Petrofac

23/04/2024 05:38

April 23 (Reuters) - Britain's FTSE 100  .FTSE  index is
seen opening higher on Tuesday, with futures  FFIc1  up 0.56%. 
    
    * 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.
    * OIL: Oil prices edged higher after falling in the previous
session, as investors continued to assess the risk from
geopolitical concerns in the Middle East.
    * GOLD: Gold prices fell to their lowest levels in more than
two weeks on easing concerns of an escalation in the Middle East
crisis, and as investors booked profits while awaiting key U.S.
data for fresh clues on the Federal Reserve's rate trajectory.
    * FTSE: London stocks gained over 1% on Monday, as M&A
action spurred on the FTSE 250 and markets were also cheered by
interest rate futures indicating the Bank of England's cuts
would begin in August.
    
    * UK CORPORATE DIARY:   
         AB Foods            ABF.L            HY results
      Taylor Wimpey           TW.L      AGM trading statement
      Anglo American         AAL.L       Q1 production report
         Petrofac            PFC.L            FY results
 Jupiter Fund Management     JUP.L       Q1 trading statement
        
  
    * 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 in Bengaluru)
 ((Prerna.Bedi@thomsonreuters.com; +91 98052 24616;))