UK Stocks-Factors to watch on May 5

  • Reuters
  • Stock Market News
UK Stocks-Factors to watch on May 5
Credit: © Reuters.

May 5 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 39 points higher at 6,962 on Wednesday, according to financial bookmakers.

* TESCO: Tesco TSCO.L has agreed to increase healthy food options at operations in Europe as well as Britain to appease investors who had filed a landmark shareholder resolution to force the issue. SHELL: HollyFrontier Corp HFC.N said on Tuesday it would buy a 149,000 barrel per day refinery in Washington from Shell RDSa.L as part of the European company's strategy to reduce its global refinery footprint. FINANCE: Deliveroo's ROO.L poor public debut in March has not put off other companies from listing in London, Britain's financial services minister said on Tuesday. AUTOS: British new car sales posted a 30-fold increase in April, according to preliminary data, as dealerships reopened to the public in England and compared to the same time last year when the first national lockdown almost completely wiped out volumes. GOLD: Gold prices ticked up, lifted by a retreat in the dollar, although gains were kept in check after U.S. Treasury Secretary Janet Yellen said interest rates may need to rise. OIL: Oil prices rose nearly 1% after industry data estimated U.S. crude stockpiles fell much more than expected last week reinforcing bullish views on fuel demand in the world's largest economy. The UK blue-chip index .FTSE closed 0.7% lower on Tuesday as a drop in bond yields across Europe dragged financials stocks down. UK CORPORATE DIARY:

VMUK.L Virgin Money (LON: VM ) UK

HY results DLGD.L Direct Line

Trading update HSX.L

Hiscox

Trading update OSBO.L OSB Group

Trading update BOOH.L Boohoo

FY results ITV.L

ITV Plc

Trading update

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

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