UK Stocks-Factors to watch on June 18

  • Reuters
  • Stock Market News
UK Stocks-Factors to watch on June 18
Credit: © Reuters.

June 18 - Britain's FTSE 100 futures FFIc1 fell 0.76% on Thursday.

* BP: British oil major BP Plc BP.L raised $12 billion of debt with equity-like features, taking advantage of low interest rates to fortify its balance sheet. BOE: Britain's insurers should use the findings of an emergency stress test in April to check if they can meet business interruption claims from the COVID-19 pandemic, the Bank of England said. TAYLOR WIMPEY: Builder Taylor Wimpey TW.L said on Wednesday it intends to resume dividends in 2021 and launched a share sale to raise about 500 million pounds ($627.60 million). OIL: Oil prices fell around 1% as a spike in new cases of the novel coronavirus in China and the United States renewed fears that a recovery in fuel demand could stall. GOLD: Gold prices were steady, with the metal caught between a strengthening U.S. dollar and a pullback in global equities. METAL: London copper fell, as rising coronavirus cases in top consumer China's capital city sparked worries of another round of lockdown. The UK blue-chip index .FTSE closed up 0.2% on Wednesday, as a series of upbeat corporate earnings bolstered hopes of an economic recovery. UK CORPORATE DIARY:

National Grid PLC

NG.L

Earnings Releases Volex PLC

VLX.L

Earnings Releases Caretech Holdings PLC

CTH.L

Earnings Releases Newriver Reit PLC

NRRT.L

Earnings Releases Sdcl Energy Efficiency Income

SEIT.L

Earnings Releases Trust PLC

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

TODAY'S UK PAPERS

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($1 = 0.7967 pounds)

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