UK Stocks-Factors to watch on May 28 (updated)

Talius

28/05/2021 07:38

(Adds news items)
    May 28 (Reuters) - Futures for Britain's FTSE 100 index  FFIc1  were 0.27%
higher on Friday.

    * A.G. BARR: A.G. Barr  BAG.L  said sales of its soft drinks and cocktail
mixes got a boost as people went back to leisure drinking after months of
COVID-19 lockdowns, putting the company on track to meet its targets this
year. urn:newsml:reuters.com:*:nL3N2NF1LP
    * ASTRAZENECA: AstraZeneca Plc  AZN.L  said the European Commission has
approved its Tagrisso drug to treat patients with a type of early-stage lung
cancer. urn:newsml:reuters.com:*:nL3N2NF1KK
    * ENTAIN: Australia's BetMakers Technology Group Ltd  BET.AX  intensified a
three-way bidding war for Tabcorp Holdings Ltd's  TAH.AX  wagering and media
business, which dwarfs separate A$3.5 billion offers by Entain  ENT.L  and
Apollo Management  APO.N  for the Tabcorp unit.  urn:newsml:reuters.com:*:nL3N2NE547
    * FOREX: The British pound held firm near a three-month high against the
dollar on Friday on rising expectations of an earlier than expected rate hike by
the Bank of England, while the U.S. currency looks to upcoming inflation
data. urn:newsml:reuters.com:*:nL2N2NF01D
    * PRECIOUS: Gold prices edged lower as an uptick in the dollar and U.S.
Treasury yields weighed on the safe-haven metal, while investors awaited crucial
U.S. inflation data due later in the day to gauge inflationary
pressure. urn:newsml:reuters.com:*:nL2N2NF042
    * OIL: Oil prices pushed higher, supported by firm U.S. economic data and
expectations of a strong rebound in global fuel demand in the third quarter,
while concerns eased about the impact of any return of Iranian
supplies. urn:newsml:reuters.com:*:nL2N2NF01O
    * The UK mid-cap index  .FTMC  higher on Thursday, outperforming the
blue-chip index for a third straight session led by gains in Meggitt and real
estate stocks, while Equiniti Group jumped after agreeing to a take-private
deal. urn:newsml:reuters.com:*:nL3N2NE28I
    
    * For more on the factors affecting European stocks, please click on:
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 (Reporting by Priyanshi Mandhan in Bengaluru)
 ((Priyanshi.Mandhan@thomsonreuters.com; +91 9650985606;))