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August 31, 2023
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May 29, 2025 DOWNLOAD
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Economy 2 MIN READ

UK Stocks-Factors to watch on June 21

June 21, 2022By Reuters
Related Articles
French debt risk premium drops as Macron says he will appoint new prime minister December 6, 2024 GLOBAL ECONOMY-Global factory growth stunted by war, China's COVID curbs June 1, 2022 GLOBAL MARKETS-Stocks in biggest weekly loss since 2020 on interest-rate worries June 17, 2022

June 21 (Reuters) – Britain’s FTSE 100 index .FTSE is seen opening higher on Tuesday, with futures FFIc1 up 0.4%.

* OCADO: British online supermarket and technology group Ocado OCDO.L will boost its liquidity by over $1 billion to fund its growth, it said on Monday. nL8N2Y7481

* CAPRICORN ENERGY: Kite Lake, a hedge fund investor in Capricorn Energy CNE.L shares, criticised the gas and oil producer’s planned merger with Tullow Oil TLW.L on Monday, saying the $827 million deal was value destructive to shareholders. nL1N2Y713E

* TAXONOMY: The heads of three investor groups urged British Prime Minister Boris Johnson to exclude natural gas from the country’s “green taxonomy” or risk undermining its scientific credibility, in a letter on Tuesday. nL8N2Y72QO

* OIL: Oil prices rose 1%, clawing back more of last week’s losses as investors focused on tight supplies of crude and fuel products rather than concerns about a recession dampening demand going forward. nL1N2Y8038

* GOLD: Gold prices edged up as the dollar eased, while investors kept a keen eye on posturing from major central banks on interest rate hikes for a clearer outlook for bullion. nL1N2Y8023

* London’s FTSE 100 rose on Monday, boosted by gains in financial and energy stocks, after the blue-chip index posted its third straight weekly drop on sluggish economic growth worries. nL4N2Y71AC

* UK CORPORATE DIARY:

DS Smith

SMDS.L

FY results

Telecom Plus

TEP.L

FY results

Record Plc

RECL.L

FY results

* 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

(Reporting by Muhammed Husain in Bengaluru)

((Muhammed.husain@thomsonreuters.com))

This article originally appeared on reuters.com

Read More Articles About:
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