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UK Stocks-Factors to watch on June 17
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UK Stocks-Factors to watch on June 17
Jun 16, 2024 11:54 PM

June 17 (Reuters) - Britain's FTSE 100 index is

seen opening higher on Monday, with futures up 0.4%.

* KINGFISHER: Kingfisher Plc ( KGFHF ) on Monday named Bhavesh

Mistry as its new finance chief and said current CFO Bernard Bot

will retire and leave the company no earlier than January 2025.

* ASTRAZENECA ( AZN ): AstraZeneca's ( AZN ) blockbuster cancer

drug Imfinzi combined with chemotherapy has been

approved

in the U.S. as treatment for adult patients with primary,

advanced or recurrent endometrial cancer that is mismatch repair

deficient, the drugmaker said.

* MANUFACTURERS: Britain's manufacturers want the next

government to deliver a formal industrial strategy and forge

closer trade ties with the European Union, according to a survey

published by the sector's own trade body.

* HOME PRICES: Asking prices for British homes coming to the

market were flat this month, adding to signs of a recent cooling

off in the housing market upswing, a survey from property market

website Rightmove ( RTMVF ) showed.

* BARCLAYS ( JJCTF ): Barclays ( JJCTF ) suspended on Friday its sponsorship of

all Live Nation music festivals in 2024 after various

acts dropped out in protest over the bank's links to defense

companies that work with Israel.

* SHELL: Unifor union said on Friday its members at Shell's

Scotford refinery in Canada have applied to the Alberta

labor regulator for a strike vote later thismonth after

rejecting a mediator's terms of settlement related to

compensation.

* OIL: Oil prices fall on weaker U.S. consumer demand, China

data

* GOLD: Gold subdued as investors await further data for Fed

rate cues

* METALS: Copper slides as China factory output data

disappoints

* For more on the factors affecting European stocks, please

click on:

TODAY'S UK PAPERS

> Financial Times

> Other business headlines

(Reporting by Radhika Anilkumar in Bengaluru)

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