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UPDATE 1-UK Stocks-Factors to watch on June 17

Published 17/06/2020, 07:48
© Reuters.
UK100
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HSBA
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KGF
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SSE
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DLAR
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UK100
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DOM
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BKGH
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BOOH
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(Adds futures, company news items)
June 17 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 15
points higher at 6,258 on Wednesday, according to financial bookmakers, with
futures FFIc1 up 0.5% ahead of cash markets open.

* DE LA RUE: De La Rue DLAR.L said it was planning to raise around 100
million pounds ($125.74 million) in new equity and would cut jobs at its
Gateshead site. * SSE: British utility SSE Plc SSE.L posted a better-than-expected annual
pre-tax profit, but warned of a hit to its profit for current year. * BOOHOO: Online fashion group Boohoo BOOH.L forecast annual results to be
ahead of market expectations after first-quarter revenue jumped 45%. * BERKELEY: British housebuilder Berkeley Group Holdings Plc BKGH.L
reported a 35% fall in annual profit as it sold fewer homes in a
market. * DOMINO'S PIZZA: Domino's Pizza Group DOM.L said it expects first-half
core earnings to be slightly lower, hit by additional costs. * KINGFISHER: Home improvement group Kingfisher KGF.L said its underlying
sales increased 21.8% year-on-year in its second quarter so far to June
13. * HSBC: HSBC HSBA.L is resuming a massive redundancy plan it had put on
ice following the outbreak of coronavirus, and will cut 35,000 jobs over the
medium term. * OIL: Oil prices fell on Wednesday as data showed an increase in U.S. crude
and fuel inventories. * GOLD: Gold prices eased on Wednesday on hopes of a potential COVID-19 drug
and a stronger U.S. dollar. * The UK blue-chip index .FTSE closed 2.9% higher on Tuesday as
expectations of further stimulus from the Bank of England and a report that
Washington was preparing a nearly $1 trillion infrastructure proposal helped
build on gains.
* For more on the factors affecting European stocks, please click on:
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TODAY'S UK PAPERS
> Financial Times PRESS/FT
> Other business headlines PRESS/GB

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