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UK Stocks-Factors to watch on April 19
April 19, 2017 / 5:39 AM / 8 months ago

UK Stocks-Factors to watch on April 19

    April 19 (Reuters) - Britain's FTSE 100 index is expected to open 26
points lower on Wednesday, according to financial spreadbetters.
    * British companies plan to increase their spending on advertising this year
as they expect the UK economy to remain resilient despite the Brexit vote, a
survey showed on Wednesday, reversing a previous forecast for a decline in ad
    *  Oil prices dipped on Wednesday as bloated U.S. supplies weighed on
markets while a fall in Saudi crude exports was offset by rising production in
the country. Brent crude futures were at $54.77 per barrel at 0354 GMT. 

    * London copper held close to its weakest since January on
Wednesday, on concerns China's base metals demand could temper in the coming
quarter as Beijing acts on runaway property prices, and following a wobble in
steel. Three-month copper on the London Metal Exchange CMCU3 rebounded by 1.4
percent to $5649 a tonne by 0220 GMT.
    * Gold slipped on Wednesday as the dollar recovered a bit from a three-week
low hit in the previous session, but geopolitical concerns about North Korea and
nervousness ahead of the French presidential election lent support to the
safe-haven asset. Spot gold was down 0.2 percent to $1,286.40 per ounce
as of 0314 GMT.
    * The FTSE 100 dropped 2.5 percent on Tuesday to its lowest in
nearly 10 weeks as sterling inched higher, further weighing on the index's
stocks. British shares suffered their worst day's drop since the aftermath of
last June's Brexit referendum, after Prime Minister Theresa May said she would
call an early election.

    * For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets
 Associated British Foods Plc            Half Year Earnings
 Bunzl Plc                               Q1 2017 Trading Statement 
 Rentokil Initial Plc                    Q1 2017 Trading Statement 
 SEGRO Plc                               Q1 2017 Trading Statement 
 Fenner Plc                              Half Year Earnings Release
 Burberry Group Plc                      Full Year Trading Statement
 Henderson Group Plc                     Q1 2017 Trading Statement 
 Relx Plc                                Q1 2017 Trading Statement 
 Rio Tinto Plc                           Q1 2017 Operations Review
    > Financial Times                     
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 (Reporting by Sanjeeban Sarkar in Bengaluru; Editing by Sherry Jacob-Phillips)

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