UPDATE 1-UK Stocks - Factors to watch on April 3

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UPDATE 1-UK Stocks - Factors to watch on April 3

(Adds company news items and futures)

April 3 - Britain's FTSE 100 .FTSE is seen opening 5 points higher at 7,396 on Wednesday, according to financial bookmakers, while FTSE 100 futures .FFIc1 were up 0.06 percent ahead of the cash market open.

* CMC MARKETS: Online trading firm CMC Markets Plc CMCX.L forecast on Wednesday a plunge in net operating income for the fiscal 2019, hurt by lower client trading activity due to regulatory curbs in Europe. STAGECOACH: British transport company Stagecoach SGC.L on Wednesday raised its full-year expectation for adjusted earnings per share, citing a strong performance at its UK Rail division. BABCOCK: Britain's Babcock International Group BAB.L said on Wednesday that Rolls-Royce RR.L executive Ruth Cairnie would take over from outgoing chairman Mike Turner, becoming the first woman to take on the role at the firm. 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, please click on: LIVE/


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