UK Stocks-Factors to watch on May 24 (updated)
24/05/2021 07:36
(Adds futures and news items)
May 24 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 20
points higher at 7,039 on Monday, according to financial bookmakers, with
futures FFIc1 seen up 0.26% ahead of cash market open.
* CINEWORLD: Cineworld CINE.L said its UK cinemas attracted more people
than expected in its first weekend of reopening, as "Peter Rabbit 2" attracted
crowds after months of coronavirus lockdown. urn:newsml:reuters.com:*:nL3N2NB1MS
* ASTRAZENECA: AstraZeneca's AZN.L COVID-19 vaccine was only slightly less
effective against the variant first found in India than the strain identified in
Kent, the company's Chief Executive Officer Pascal Soriot said in an interview
with Financial Times on Friday. urn:newsml:reuters.com:*:nFWN2N816O
* WEJO: Wejo is in talks to go public through a reverse merger with
blank-check company Virtuoso Acquisition Corp VOSO.O in a deal that would
value the British connected car data start-up at more than $1 billion, two
people familiar with the matter said. urn:newsml:reuters.com:*:nL2N2N825Q
* GOLD: Gold prices climbed to hover near a 4-1/2-month high, supported by a
weaker U.S. dollar and growing inflationary pressure, while a slide in
cryptocurrencies further lifted the safe-haven metal's appeal. urn:newsml:reuters.com:*:nL2N2NB025
* OIL: Oil prices recouped some of last week's losses as a potential snag
emerged in reviving the 2015 Iran nuclear deal that could add more oil supply,
with indirect talks between Washington and Tehran due to resume this
week. urn:newsml:reuters.com:*:nL2N2NB05I
* The UK blue-chip index .FTSE was flat on Friday, posting a weekly loss,
as weakness in mining stocks countered a bigger-than-expected jump in retail
sales and business activity. urn:newsml:reuters.com:*:nL3N2N81XE
* 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;))