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

  • Reuters
  • Stock Market News
UPDATE 1-UK Stocks-Factors to watch on June 3

(Adds futures, company news items)

June 3 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 31 points lower at 7,131 on Monday, according to financial bookmakers, with futures .FFIc1 down 0.3% ahead of the cash market open.

* KIER: British construction company Kier Group Plc KIE.L said on Monday it expected 2019 underlying operating profit to be about 25 million pounds ($31.6 million) lower than its prior expectations. KCOM: Telecom network and cloud-based service provider KCOM Plc KCOM.L has pulled its recommendation of a bid by British pension fund-backed Humber Bidco in favour of a higher offer backed by investment firm Macquarie's European Infrastructure Fund, KCOM said on Monday. DIGNITY: Britain is to crack down on high-pressure and misleading tactics in the sale of funeral plans, City minister John Glen said on Saturday. Shares in Dignity Plc DTY.L , Britain's second-largest undertaker, which operates more than 700 funeral locations across the UK, fell sharply in November when the government first announced a formal investigation. ASTRAZENECA: AstraZeneca AZN.L and Merck & Co's MRK.N Lynparza helped patients with advanced pancreatic cancer who carry BRCA gene mutations go nearly twice as long without their disease worsening than those who received a placebo, according to data from a late-stage clinical trial presented on Sunday. The UK blue chip index closed almost 1% lower on Friday, after U.S. President Donald Trump's threat of tariffs on Mexico and disappointing manufacturing data from China stoked global downturn fears. For more on the factors affecting European stocks, please click on: LIVE/

TODAY'S UK PAPERS

> Financial Times

PRESS/FT

> Other business headlines

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