June 5 - Britain's FTSE 100 index is seen
opening higher on Wednesday, with futures up 0.6%.
* B&M: British discount chain B&M said it was
confident on the outlook for profit growth in the year ahead
after reporting a 9.7% rise in its 2023/24 year that reflected a
similar rise in revenue which was boosted by 78 new store
openings.
* WH SMITH ( WHTPF ): British retailer WH Smith ( WHTPF ) on
reported a lower growth in revenue for the 13 weeks ended June
1, but added that it was well-positioned for the peak summer
trading period.
* JUPITER: Jupiter Fund Management ( JFHHF ) said Alex
Savvides will take over running its 1.6 billion pounds ($2.04
billion) UK Special Situations Fund on Oct. 7.
* NATIONAL INSTITUTE FOR HEALTH AND CARE EXCELLENCE:
Britain's medical costs regulator recommended Eli Lilly's ( LLY )
weight-loss drug Mounjaro for some patients with obesity
and suggested not placing a time limit on the medicine's use as
it had for rival Novo Nordisk's Wegovy.
* PANTHEON RESOURCES ( PTHRF ): Pantheon Resources ( PTHRF ) said it
had signed an agreement establishing the terms for future sales
of its natural gas to a unit of state-backed Alaska Gasline
Development Corporation.
* SMMT: New car registrations in Britain recorded their 22nd
consecutive month of growth in May, preliminary industry data
showed.
* OIL: Oil prices hovered near four-month lows in Asia as
markets digested an OPEC+ decision to boost supply later this
year and following an increase in U.S. crude and fuel stocks.
* GOLD: Gold prices rose helped by a weakness in the U.S.
dollar and Treasury yields.
* METALS: Copper prices in London rose slightly on
Wednesday.
* For more on the factors affecting European stocks, please
click on:
TODAY'S UK PAPERS
> Financial Times
> Other business headlines
($1 = 0.7833 pounds)
(Reporting by Echha Jain in Bengaluru)