UK Stocks-Factors to watch on May 23
May 23 -Britain's FTSE 100 .FTSE index is seen opening flat on Thursday, with futures FFIc1 up 0.04%.
* BP: Oil major BP BP.L has paused discussions with Venezuela on the development of a gas project on the maritime border with Trinidad and Tobago following the expiration of a U.S. license to Venezuela in April, a company spokesperson said.
* HARGREAVES LANSDOWN: A consortium comprising CVC Advisers and the Abu Dhabi Investment Authority said it was considering a possible revised offer for Hargreaves Lansdown HRGV.L after the British investment platform's board rejected a buyout proposal it had made in April.
* ANGLO AMERICAN: BHP BHP.AX will stand firm on the structure and value of its latest takeover proposal for Anglo American AAL.L, focusing instead on allaying its target's concerns around execution risks over the coming week, sources said.
* NATWEST GROUP: Britain is poised to scrap a milestone sale of shares in NatWest Group NWG.L to the general public, three sources familiar with the matter said, hours after Prime Minister Rishi Sunak called the UK's first July general election since 1945.
* EX-DIVS: Keyword Studios KWS.L, Whitbread WTB.L, Burford Capital BURF.L and Fintel FNTL.L will trade without entitlement to its latest dividend pay-out on Thursday.
* GOLD: Gold prices drift lower on hawkish Fed minutes
* OIL: Oil prices fall for fourth straight day as U.S. rate hike prospects emerge
* Britain's FTSE 100 closed at a two-week low on Wednesday after hotter-than-expected British inflation pushed back hopes of a June interest rate cut by the Bank of England, while upbeat corporate earnings kept declines in check.
* UK CORPORATE DIARY:
National Grid | NG.L | FY results |
Wizz Air | WIZZ.L | FY results |
Johnson Matthey | JMAT.L | FY results |
Bloomsbury | BLPU.L | FY results |
Sabre Insurance | SBRE.L | Q1 trading update |
AJ Bell | AJBA.L | HY results |
Aviva | AV.L | Q1 trading update |
International Distrbution Services | IDSI.L | FY results |
Tate & Lyle | TATE.L | FY results |
* For more on the factors affecting European stocks, please click on: LIVE/
TODAY'S UK PAPERS
> Financial Times PRESS/FT
> Other business headlines PRESS/GB
Reporting by Echha Jain in Bengaluru
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