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UK Stocks-Factors to watch on June 13

Published 13/06/2019, 06:23
UK Stocks-Factors to watch on June 13
UK100
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III
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WPP
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TSCO
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PSN
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SVT
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PZC
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SMDS
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WINEW
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GLEN
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VLX
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NMC
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RECL
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June 13 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening down 17
points at 7,350 on Thursday, according to financial bookmakers.

* GLENCORE: Mining and trading giant Glencore GLEN.L has put its oilfields
in Chad up for sale, three sources familiar with the matter said, in a retreat
from its foray into oil production following asset writedowns over the past
decade. * ARCADIA: Philip Green's Topshop-to-Dorothy Perkins fashion empire staved
off a collapse into administration on Wednesday as creditors approved his
sweetened restructuring plan. * BREXIT: Prince Andrew, the second son of Queen Elizabeth, said on
Wednesday he saw no reason why British businesses could not survive Brexit and
the recent visit of U.S. President Donald Trump had shown him the issue would
also not effect U.S. relations. * OIL: Oil prices tumbled 4% on Wednesday to their lowest settlements in
nearly five months, weakened by another unexpected rise in U.S. crude stockpiles
and by a dimming outlook for global oil demand. * EX-DIVS: 3i Group III.L , NMC Health NMC.L , Persimmon PSN.L , Severn
Trent SVT.L , WPP Plc WPP.L will trade without entitlement to their latest
dividend pay-out on Thursday, trimming 4.54 points off the FTSE 100 according to
Reuters calculations. * The UK blue chip index closed 0.4% lower on Wednesday as the latest
salvoes in the U.S.-Chinese trade dispute kept investors on edge and weak demand
outlook knocked oil shares. * For more on the factors affecting European stocks, please click on:
LIVE/

* UK CORPORATE DIARY:
Tesco PLC TSCO.L Q1 2020 Trading Statement Release
Volex PLC VLX.L Full Year 2019 Earnings Release
Record PLC RECL.L Full Year 2019 Earnings Release
PZ Cussons PLC PZC.L Trading Statement Release
DS Smith PLC SMDS.L Full Year 2019 Earnings Release
Majestic Wine PLC WINEW.L Full Year 2019 Earnings Release

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TODAY'S UK PAPERS
> Financial Times PRESS/FT
> Other business headlines PRESS/GB

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