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UK Stocks-Factors to watch on June 28

Published 28/06/2019, 03:28 pm
© Reuters.  UK Stocks-Factors to watch on June 28
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ORAN
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June 28 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 1 point higher at 7,404 on Friday, according to financial bookmakers.

* UNITE GROUP: Britain's Unite Group UTG.L said on Thursday it was in advanced talks to buy fellow student accommodation firm Liberty Living from Canada Pension Plan Investment Board (CPPIB). TCS GROUP: Russian consumer lender TCS Group TCSq.L , the parent company of Tinkoff Bank, said on Thursday it would raise extra capital by offering 16.7 million global depositary receipts (GDRs) at $18 per unit. BT: BT Group BT.L said on Thursday that Orange ORAN.PA , France's number one telecoms operator, would offer up its entire 2.5% stake in the Britain's former telecoms monopoly. GLENCORE: At least 41 artisanal miners were killed on Thursday when part of a copper and cobalt mine owned by Glencore GLEN.L collapsed in southeast Congo, the provincial governor said. PETROFAC: Iraq has temporarily suspended Petrofac PFC.L from bidding on new contracts, although existing deals are not affected, the head of an Iraqi state oil firm said on Thursday. MERLIN ENTERTAINMENTS: Britain's Merlin Entertainments Plc MERL.L is to be acquired for 6 billion pounds ($7.6 billion) by a group made up of Kirkbi, the investment vehicle of Lego's founding family, private equity firm Blackstone (NYSE:BX) Group LP BX.N and Canadian pension fund CPPIB, the Financial Times reported on Friday. BHP: BHP Group BHPB.L BHP.AX has agreed to pay the state of Western Australia A$250 million ($175 million) to end a dispute over royalties paid on iron ore shipments sold through its Singapore marketing hub, the two parties said on Friday. GOLD: Gold prices jumped on Friday, heading for their best month in three years, as uncertainty loomed over whether highly anticipated trade talks between China and the United States would yield any progress in ending a year-long trade dispute. OIL: Oil prices eased on Friday in a cautious market, as traders eyed a scheduled meeting between U.S. President Donald Trump and Chinese President Xi Jinping at the G20 summit and next week's OPEC meeting. The UK blue chip index closed 0.2% lower on Thursday as initial investor optimism gave way to uncertainty amid conflicting reports on whether Washington and Beijing would commit to a trade truce, while Glencore skidded after a mine collapse in Congo. For more on the factors affecting European stocks, please click on: LIVE/

* UK CORPORATE DIARY: Aukett Swanke Group Plc

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