UK Stocks-Factors to watch on June 2

  • Reuters
  • Stock Market News
UK Stocks-Factors to watch on June 2
Credit: © Reuters.

June 2 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Tuesday, with futures FFIc1 up 0.4%.

* STIMULUS PACKAGE: British Finance Minister Rishi Sunak is considering national insurance holidays for companies as part of a coronavirus stimulus package that will be announced in July, The Daily Telegraph newspaper reported late on Monday. GOLD: Gold prices held on to last session's more than one-week high on concerns around U.S.-China relations and as rising violent protests in the United States stoked fears of a resurgence in virus cases, while optimism on reopening of economies checked their rise. METALS: Shanghai copper prices rose to their highest in nearly three months, as a solid recovery in China demand and the reopening of economies from a coronavirus-induced lockdown lent support. OIL: Oil prices rose, with traders waiting to see whether major producers agree to extend their huge output cuts to shore up prices at a virtual meeting expected later this week. London-listed shares ended higher on Monday as markets took heart from a scaling back of coronavirus restrictions, with consumer stocks among the best performers. UK CORPORATE DIARY:

Card Factory

CARD.L

FY Results Electrocomponents

ECM.L

FY Results Mediclinic International MDCM.L

FY Results Vianet Group

VNET.L

FY Results MHP SE

MHPCq.L Q1 Results

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

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