UK Stocks-Factors to watch on April 3

  • Reuters
  • Stock Market News
UK Stocks-Factors to watch on April 3
Credit: © Reuters.

April 3 - Britain's FTSE 100 .FTSE is seen opening 5 points higher at 7,396 on Wednesday, according to financial bookmakers.

RECKITT BENCKISER: Reckitt Benckiser 's RB.L Chief Executive Rakesh Kapoor received a 69 percent pay rise last year, following an improvement in the company's performance after three tough years.

SUPERDRY: Superdry SDRY.L named its co-founder and former boss Julian Dunkerton as interim chief executive officer on Tuesday after a majority of the British fashion group's board stepped down.

GOLD: Gold prices were steady on Wednesday as a weaker dollar offset pressure on the metal, which recovered from a four-week low in the previous session, while a rally in equities to multi-month highs capped bullion's safe-haven demand.

OIL: Oil prices rose for a fourth day on Wednesday, holding firm despite an industry report showing that U.S. inventories rose unexpectedly last week, with supply cuts and sanctions supporting the market. The UK blue-chip index closed 1.01 percent higher at 7391.12 on Tuesday as exporter stocks benefited from a weakening pound on rising fears of a no-deal exit as parliament rejected all Brexit alternatives again. For more on the factors affecting European stocks,

* UK CORPORATE DIARY: Ferrexpo

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