UK Stocks-Factors to watch on May 18

  • Reuters
  • Stock Market News
UK Stocks-Factors to watch on May 18
Credit: © Reuters.

May 18 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 51 points lower on Thursday, according to financial bookmakers.

* BHP/ELLIOT: Activist investor Elliott Management on Thursday said a meeting with BHP Billiton Chief Executive BHP.AX BLT.L Andrew Mackenzie in Barcelona on Wednesday had been "constructive". BP: BP Plc's BP.L first foray into Mexico's recently opened energy market is proving more promising than expected, and the government should offer more big projects to lure investment, the British oil major's Mexico boss said in an interview. SKY NZ/VODAFONE: New Zealand pay television provider Sky Network TV SKT.NZ on Thursday said it had filed a second, more detailed appeal with courts against the Commerce Commission's decision to bar its purchase of Vodafone 's VOD.L local unit.

* BREXIT: Brexit has forced the European Union to rethink its flagship capital markets union (CMU) project by broadening its supervisory and geographical reach, a draft EU document showed on Wednesday. BRITAIN/EU: Everything from just-in-time auto supply chains to the free movement of workers and even their pet cats and dogs will be thrown into question by Britain's exit from the European Union, German Chancellor Angela Merkel said.

* INSURERS: Insurers in over 100 countries face a "once in a lifetime" accounting change from January 2021 with the introduction of a uniform international book-keeping standard, details of which will be published on Thursday. BANK OF IRELAND: Bank of Ireland BKIR.I has appointed HSBC Holdings Plc HSBA.L executive Francesca McDonagh as its new chief executive officer to succeed Richie Boucher, who will retire on Oct. 2. TATA STEEL: A Tata Steel TISC.NS deal to separate its 15 billion-pound ($19 billion) UK pension scheme still leaves many questions unanswered for a potential merger with Thyssenkrupp's TKAG.DE European steel operations, a source close to Thyssenkrupp said.

* EX-DIVS: Compass CPG.L , HSBC HSBA.L , Imperial Brands IMB.L , Intertek ITRK.L , Royal Dutch Shell RDSa.L will trade without entitlement to their latest dividend pay-out on Thursday, trimming 20.3 points off the FTSE 100 according to Reuters calculations. The UK blue chip index was down 0.25 percent at 7,503.47 points at its close on Wednesday, turning lower as U.S. political developments weighed on European equity markets, with mining stocks and banks the biggest sectoral drags. For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets

* UK CORPORATE DIARY:

Euromoney Institutional

ERM.L

Half Year 2017 Euromoney

Investor Plc

Institutional Investor Plc

Earnings Release

Booker Group Plc

BOK.L

Full Year 2017 Booker Group Plc

Earnings Release

Hargreaves Lansdown Plc

HRGV.L

Q3 2017 Hargreaves Lansdown Plc

Trading Statement Release

JRP Group Plc

JRP.L

Q1 2017 JRP Group Plc Trading

Statement Release

SSP Group Plc

SSPG.L

Half Year 2017 SSP Group Plc

Earnings Release

Rank Group Plc

RNK.L

Rank Group Plc Interim Management

Statement Release Land Securities Group Plc

LAND.L

Full Year 2017 Land Securities

Group Plc Earnings Release

Balfour Beatty Plc

BALF.L Balfour Beatty Plc Trading Update

Release

Burberry Group Plc

BRBY.L

Preliminary 2017 Burberry Group

Plc Earnings Release

Thomas Cook Group Plc

TCG.L

Half Year 2017 Thomas Cook Group

Plc Earnings Release

Royal Mail Plc

RMG.L

Full Year 2017 Royal Mail Plc

Earnings Release

Dairy Crest Group Plc

DCG.L

Full Year 2016 Dairy Crest Group

Plc Earnings Release

National Grid Plc

NG.L

Full Year 2017 National Grid Plc

Earnings Release

3i Group Plc

III.L

Full Year 2016/2017 3i Group Plc

Earnings Release Bloomsbury Publishing Plc

BLPU.L

Full Year 2016 Bloomsbury

Publishing Plc Earnings Release

Marston's Plc

MARS.L

Half Year 2017 Marston's Plc

Earnings Release

Investec Plc

INVP.L

Full Year 2017 Investec Plc

Earnings Release

TODAY'S UK PAPERS

> Financial Times

PRESS/FT

> Other business headlines

PRESS/GB Multimedia versions of Reuters Top News are now available for:

* 3000 Xtra

: visit http://topnews.session.rservices.com

* For Top News : http://topnews.reuters.com

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or

100