UK Stocks-Factors to watch on June 12

  • Reuters
  • Stock Market News
UK Stocks-Factors to watch on June 12
Credit: © Reuters.

Britain's FTSE 100 .FTSE index is seen opening 17 points lower at 6,060 on Friday, according to financial bookmakers.

* MORRISONS: British supermarket group Morrisons MRW.L said it would engage with investors over its remuneration policy after it was opposed by more than one third of votes cast at its annual shareholders' meeting. HAMMERSON: London-based mall operator Hammerson Plc HMSO.L said on Thursday it will reopen three main centres in Ireland on June 15 as the local government eases coronavirus-led restrictions. SHELL: Royal Dutch Shell RDSa.L has launched the sale of its stakes in two oilfields and two pipelines in Norway, according to a sales document seen by Reuters. RIO TINTO: Rio Tinto RIO.L Chief Executive Jean-Sebastien Jacques on Friday apologised for distress caused by Rio's destruction last month of two ancient and sacred Aboriginal caves in Western Australia, pledging full cooperation with an Australian government inquiry. OIL: Oil prices fell on Friday, extending heavy overnight losses as a surge in U.S. coronavirus cases this week raised the prospect of a second wave of the COVID-19 outbreak hitting demand in the world's biggest consumer of crude and fuel. GOLD: Gold dipped on Friday on a stronger dollar, while concerns over a second wave of coronavirus infections and a protracted economic recovery limited losses, keeping the metal on track for its first weekly rise in four weeks. The UK blue-chip index .FTSE closed 4% lower on Thursday, hurt by fears of a new wave of COVID-19 infections in the United States and a bleak economic outlook by the Federal Reserve. For more on the factors affecting European stocks, please click on: LIVE/

TODAY'S UK PAPERS

> Financial Times

PRESS/FT

> Other business headlines

PRESS/GB

Add Chart to Comment

Comment Guidelines

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: 

  • Enrich the conversation
  • Stay focused and on track. Only post material that’s relevant to the topic being discussed.
  • Be respectful. Even negative opinions can be framed positively and diplomatically.
  •  Use standard writing style. Include punctuation and upper and lower cases.
  • NOTE: Spam and/or promotional messages and links within a comment will be removed
  • Avoid profanity, slander or personal attacks directed at an author or another user.
  • Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or

100
Please try another search