UK Stocks-Factors to watch on June 25

  • Reuters
  • Stock Market News
UK Stocks-Factors to watch on June 25
Credit: © Reuters.

June 25 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 19 points lower at 7,397 on Tuesday, according to financial bookmakers.

* SHELL: A domestic consortium set up by Royal Dutch Shell RDSa.L and pension fund manager PGGM has taken a bigger lead in the race for Dutch energy company Eneco as two other contenders have dropped out, sources close to the matter said. OIL: Oil fell on Tuesday amid concerns over the outlook for crude demand, but prices were supported after Washington announced new sanctions on Iran amid mounting tensions in the Middle East. GOLD: Gold prices climbed more than 1% on Tuesday to their highest in six years as the dollar weakened on prospects of monetary easing by the Federal Reserve, while simmering U.S.-Iran tensions drove investors towards the safe-haven bullion. The UK blue chip index closed 0.1% higher on Monday as gains in defensive stocks such as healthcare were balanced by pressure on Asia-focussed banks, with Sino-U.S. trade talks once again set to take centre stage at this week's G20 summit. For more on the factors affecting European stocks, please click on: LIVE/

* UK CORPORATE DIARY: Pressure Technologies Plc

PRES.L HY Earnings release Mind Gym Plc

MIND.L FY Earnings release Petrofac Ltd

PFC.L

Pre-close trading update Northgate Plc

NTG.L

FY Earnings release

TODAY'S UK PAPERS

> Financial Times

PRESS/FT

> Other business headlines

PRESS/GB

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