🔥 Premium AI-powered Stock Picks from InvestingPro Now up to 50% OffCLAIM SALE

UK Stocks-Factors to watch on April 28

Published 2020/04/28, 07:07
Updated 2020/04/28, 07:12
© Reuters.

April 28 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 1 point lower at 5,846 on Tuesday, according to financial bookmakers.

* HSBC: HSBC Holdings PLC's HSBA.L first-quarter profit tumbled a worse-than-expected 48% after boosting provisions against bad loans as the coronavirus pandemic hits borrowers worldwide. BRITISH AIRWAYS: British Airways ICAG.L is planning to launch a consultation that could result in cutting about 800 of its 4,500 pilot jobs, a Sky News reporter tweeted on Monday. GREGGS: British baker and takeaway food group Greggs GRG.L - famed for its sausage rolls and vegan snacks - plans to reopen 20 shops from next Monday in a trial to see it can operate effectively with social distancing measures as a coronavirus lockdown is eased. BOE: The British government's 80% guarantees to banks for emergency coronavirus-related lending to companies should generally reduce the amount of capital banks need to cover loans that are at risk of not being repaid, the Bank of England said on Monday. EU BANKS: EU banks are to receive more capital relief so they can help companies struggling in the coronavirus pandemic, without having to make crippling loan provisions to reflect a looming deep recession, sources said on Monday. OIL: Oil prices slumped on Tuesday, extending the previous session's slide, on worries about limited capacity to store crude worldwide and expectations that fuel demand may only recover slowly as coronavirus pandemic restrictions are gradually eased. GOLD: Gold fell on Tuesday as risk appetite was boosted by plans of some countries to ease coronavirus curbs in a phased manner, but prices held above the key $1,700 per ounce level amid hopes for more stimulus to cushion the fallout from the pandemic. The UK blue-chip index .FTSE closed up 1.6% on Monday, boosted by banks and travel stocks, as investors globally returned to riskier assets after several countries signalled the easing of lockdowns measures. UK CORPORATE DIARY:

Non-Standard Finance


Full Year Earnings Release Keystone Law Group


Full Year Earnings Release Travis Perkins


Q1 2020 Trading Statement TP Group


Full Year Earnings Release HSBC Holdings


Q1 2020 Earnings Release BP


Q1 2020 Earnings Release Weir Group


Q1 2020 Interim Management Statement Coca-Cola (NYSE:KO) European Partners CCEPC.L

Q1 2020 Trading Statement

* For more on the factors affecting European stocks, please click on: LIVE/


> Financial Times


> Other business headlines


Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.