UK Stocks-Factors to watch on June 9
09/06/2025 05:57
June 9 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening flat on Monday, with futures FFIc1 down 0.02%.
* THAMES WATER: U.S. investment firms Silver Point Capital and Elliott Management are formulating a 10-billion-pound-plus ($13.53 billion) rescue package for Britain's Thames Water, Bloomberg News reported on Friday, citing people familiar with the matter.
* FRASERS: Frasers Group FRAS.L has approached British makeup and skin care retailer Revolution Beauty REVB.L about a potential offer for the company, Sky News reported on Saturday, citing retail industry sources.
* SHELL: Shell PLC SHEL.L on Friday said a fire occurred on June 4 at its ethylene cracker plant in Potter Township, Pennsylvania, and the furnace unit involved remained offline pending an investigation.
* RIO TINTO: Global miner Rio Tinto RIO.L is in talks with Australian federal and state governments about a multibillion-dollar bailout for its struggling Tomago aluminium smelter in New South Wales state, the Australian Financial Review reported.
* OIL: Oil prices held on to last week's gains early on Monday as investors waited for U.S.-China trade talks to be held in London later in the day.
* GOLD: Gold prices declined as optimism over easing U.S.-China trade tensions dampened safe-haven demand, while a stronger-than-expected U.S. jobs report tempered expectations of interest rate cuts by the Federal Reserve.
* METALS: London copper prices were largely unchanged.
* The UK blue-chip index .FTSE closed up 0.03% on Friday as British equities rose in broad-based gains after a U.S. jobs report allayed concerns of an economic slowdown in the world's biggest economy, with both UK blue-chips and midcaps clocking weekly advances.
* For more on the factors affecting European stocks, please click on: LIVE/
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(Reporting by Ankita Bora in Bengaluru)
((Ankita.Bora@thomsonreuters.com))