UK Stocks-Factors to watch on May 16

  • Reuters
  • Stock Market News
UK Stocks-Factors to watch on May 16
Credit: © Reuters.

May 16 (Reuters) - Britain's FTSE 100 .FTSE index is expected to open 32 points lower at 7,265 on Thursday, according to financial bookmakers.

* NON-STANDARD FINANCE: Non-Standard Finance Plc NSF.L on Wednesday ploughed ahead with its 1.3 billion pound hostile takeover of Provident Financial PFG.L , even though the subprime lender failed to win the backing of some of its larger rival's investors. ITV: British broadcaster ITV ITV.L has cancelled "The Jeremy Kyle Show", a tabloid talkshow that features confrontations between guests over issues like infidelity, betrayal and addiction, after a participant died following a recording of the programme. OIL: Oil prices edged up on Thursday to extend gains into a third straight session, as tensions in the Middle East stoked fears of potential disruptions to supply. GOLD: Gold prices marked time on Thursday as an uptick in equities offset support from doubts over trade talks between the United States and China. EX-DIVS: GlaxoSmithKline GSK.L , HSBC Holdings HSBA.L , Intertek Group ITRK.L , RDS 'A RDSa.L , RDS 'B RDSb.L , Tesco TSCO.L will trade without entitlement to their latest dividend pay-out on Thursday, trimming 23.6 points off the FTSE 100 according to Reuters calculations. The UK blue chip index closed 0.76% higher at 7241.60 on Wednesday as hopes that the United States' trade tensions with China and Europe will dissipate, combined with a weaker pound, lifted Britain's main index higher, as a slew of earnings reports also drove share moves. For more on the factors affecting European stocks, please click on: LIVE/

* UK CORPORATE DIARY:

National Grid

NG.L

Full year result Balfour Beatty

BALF.L

Trading Update Keller Group

KLR.L

Trading Update Euromoney

ERM.L

Half year result Grainger

GRI.L

Half year result Sophos

SOPH.L

Full year result Wincanton

WIN.L

Full year result Premier Oil

PMO.L

Trading Update Spire Healthcare

SPI.L

Trading Update Burberry

BRBY.L

Full year result Just Group

JUSTJ.L Q1 Trading Update Thomas Cook

TCG.L

Half year result

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