UK Stocks-Factors to watch on April 25

Polymetal International PK

25/04/2022 06:01

April 25 (Reuters) - Britain's FTSE 100 index  .FTSE  is
seen opening lower on Monday, with futures  FFIc1  down 1.37%.
    
    * MORRISONS: Against a backdrop of soaring inflation in
Britain's food retail sector, supermarket group Morrisons said
it was reducing prices on over 500 products.  urn:newsml:reuters.com:*:nL8N2WM06W
    * ANGLO AMERICAN: A Chilean environmental regulator has
recommended that global miner Anglo American's  AAL.L  Los
Bronces copper project not be granted an extension permit
involving a planned $3.3 billion investment, the company said.
 urn:newsml:reuters.com:*:nL1N2WL06C
    * FRASERS: The partner of Mike Ashley's daughter will get a
20.9 million pound ($26.9 million) payment for consultancy
services to the billionaire's Frasers Group  FRAS.L , before
taking the helm of the retail empire next month.  urn:newsml:reuters.com:*:nL5N2WK52T
    * GAZPROMBANK: Britain will allow payments to Gazprombank
and its subsidiaries for gas going to European Union countries
until the end of May, a Treasury document showed.  urn:newsml:reuters.com:*:nL2N2WK09X
    * METALS: Industrial metals fell, with copper hitting its
lowest in more than a month, as prospects of bigger U.S. rate
hikes and continued lockdowns in top consumer China cemented
fears of a slowdown in global economic growth and demand.
 urn:newsml:reuters.com:*:nL2N2WN034
    * GOLD: Gold prices dipped to their lowest in more than two
weeks, as bets for an increasingly aggressive and hawkish U.S.
Federal Reserve approach to tightening monetary policy boosted
the dollar and pressured demand for bullion.  urn:newsml:reuters.com:*:nL2N2WN02D
    * OIL: Oil prices slumped to near two-week lows, extending
losses from last week, as concerns grew that prolonged COVID-19
lockdowns in Shanghai and potential U.S. rate hikes would hurt
global economic growth and fuel demand.  urn:newsml:reuters.com:*:nL2N2WN015
    * FTSE 100: UK shares fell on Friday as the growing prospect
of aggressive monetary policy tightening coupled with a sharp
drop in retail sales in the country prompted concerns about
economic growth.  urn:newsml:reuters.com:*:nL3N2WK1FU

        * UK CORPORATE DIARY:       
    
 Polymetal          POLYP.L      Q1 2022 production
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 (Reporting by Amna Karimi in Bengaluru;
Editing by Vinay Dwivedi)
 ((amna.karimi@thomsonreuters.com))