UK Stocks - Factors to watch on April 2
02/04/2024 05:51
April 2 - Britain's FTSE 100 .FTSE index is seen
opening higher on Tuesday, with futures FFIc1 up 0.06%.
* SUPERDRY: Superdry SDRY.L CEO and top shareholder Julian
Dunkerton will not be making an offer for the company, both
parties said on Thursday, and the struggling British fashion
chain said it reached an agreement to extend a loan facility to
help its turnaround plans.
* SHELL: A Dutch court will on Tuesday hear Shell's SHEL.L
appeal against a landmark climate ruling, which ordered it to
drastically deepen planned greenhouse gas emission cuts.
* HSBC: HSBC Holdings HSBA.L said it completed the C$13.5
billion ($9.96 billion) sale of its Canadian unit, HSBC Bank
Canada, to Royal Bank of Canada RY.TO on Thursday.
* INFLATION: The British public's expectations for inflation
over the next year and the longer term fell in March, U.S. bank
Citi said on Thursday as it published a monthly survey by market
research firm YouGov.
* OIL: Oil prices gained in early Asian trading, underpinned
by signs of improved demand and escalating Middle East tensions
that had sparked a rally in U.S. futures to a five-month high in
the previous session.
* METALS: Copper prices rose, supported by improving demand
outlook from top consumer China and looming concerns of raw
material supplies.
* FTSE: Britain's main stock indexes ended the March quarter
on a positive note as data confirmed that Britain's economy
entered shallow recession in 2023, while JD Sports had its best
day since April 2020 after confirming earnings guidance.
* UK CORPORATE DIARY:
Ryanair RYA.I March Traffic data
easyJet EZJ.L March Traffic data
* 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;))