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UPDATE 1-UK Stocks-Factors to watch on June 24

Published 24/06/2020, 06:47
© Reuters.
UK100
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XAU/USD
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PFD
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SHEL
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PFC
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BHPB
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PSN
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MCG
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WINEW
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GC
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HG
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LCO
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UK100
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CL
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JD
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June 24 (Reuters) - Britain's FTSE 100 (.FTSE) index is seen opening 18 points lower at 6,303 on Wednesday, according to financial bookmakers, with futures (FFIc1) down 0.7% ahead of cash markets open.

PERSIMMON: British house-builder Persimmon (PSN.L) has poached Dean Finch from transport operator National Express NEX.L to succeed David Jenkinson as chief executive.

PREMIER FOODS: Mr Kipling cakes maker Premier Foods Plc PFD.L said it expected revenue and trading profit for the new year to exceed current estimates, encouraged by around 20% sales jump in the first-quarter.

NAKED WINES: Online wine subscription company Naked Wines WINEW.L said revenue soared 81% during the first two months of fiscal year 2021.

CREST NICHOLSON: British homebuilder Crest Nicholson CRST.L posted a first-half pretax loss, citing political uncertainty and coronavirus disruptions.

LOCKDOWN: Prime Minister Boris Johnson said on Tuesday pubs, restaurants and hotels could reopen in England early next month.

SHELL: Britain's Supreme Court heard an appeal on Tuesday from Nigerian farmers and fishermen seeking to pursue claims against oil major Royal Dutch Shell (RDSa.L) over spills in the Niger Delta.

BHP: Global miner BHP Group (LON:BHPB) announced stricter health protocols on Tuesday after cases of the novel coronavirus at its Escondida copper mine in Chile.

JD SPORTS: JD Sports (JD.L) on Tuesday appointed Deloitte as administrator for its loss-making outdoor clothing chain.

OIL: Oil futures dropped, extending losses from the previous day, after U.S. crude stockpiles grew more than expected, adding to worries about oversupply.

GOLD: Gold prices climbed to its highest level in nearly eight years, as demand for the safe-haven asset was boosted by worries over a surge in coronavirus infections.

The UK blue-chip index (.FTSE) closed up 1.2% on Tuesday, as Prime Minister Boris Johnson took more steps to relax the country's coronavirus lockdown.

UK CORPORATE DIARY:

Crest Nicholson (CRST.L) HY Results
Holdings PLC
Naked Wines PLC (WINEW.L) Earnings Releases
Premier Foods PLC (LON:PFD) (PFD.L) Earnings Releases
Petrofac (PFC.L) Trading Update

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

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