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UPDATE 1-UK Stocks-Factors to watch on May 20

Published 05/20/2019, 02:37 PM
Updated 05/20/2019, 02:40 PM
UPDATE 1-UK Stocks-Factors to watch on May 20
UK100
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BARC
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MKS
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AMZN
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LMI
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FRAS
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0RYA
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UK100
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LWB
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SSWJ
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FOXT
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JE
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(Adds company news items, futures)
May 20 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 10
points higher at 7,358 on Monday, according to financial bookmakers, with
futures FFIc1 up 0.1% ahead of the cash market open.

* FOXTONS: Real estate agent Foxtons Group Plc FOXT.L said on Monday sales
volumes were at "record low levels" in the first quarter, hitting revenue, as
ongoing Brexit uncertainty hurt consumer confidence. * LOW & BONAR: Low & Bonar LWB.L said on Monday Chief Executive Officer
Philip de Klerk would leave the company in July, as it warned that the ongoing
U.S.-China trade war had created significant uncertainty and hurt sales.
* RYANAIR: Ryanair RYA.L RYA.I posted its weakest annual profit in four
years on Monday and said earnings could fall further next year as Europe's
largest low-cost carrier grapples with overcapacity, Brexit and delays in
delivery of the Boeing 737 Max. * BARCLAYS: Britain's Co-op Bank approached Barclays Plc BARC.L in
November about Barclays acquiring it, but the talks did not proceed beyond the
exploratory stage, the Telegraph newspaper reported late on Saturday.
* MARKS & SPENCER: Profit at Marks and Spencer MKS.L is expected to fall
for the third year in a row this week, with underlying sales poised to slip as
the British retailer works through a painful "transformation plan". * SPORTS DIRECT: Sports Direct SPD.L is considering launching a legal
action against Debenhams over its restructuring plan, The Telegraph reported on
Sunday. LONMIN: South Africa's Competition Appeal Court gave the green light on
Friday to Sibanye-Stillwater's SGLJ.J takeover of Lonmin LMI.L that aims to
create the world's second-largest platinum producer. * ESKOM: South Africa's power utility Eskom said on Friday it had raised 5.2
billion rand ($361 million) through drawdowns against a portion of committed
loans, 4 billion rand of which was received from China Development Bank (CDB),
and the issuance of domestic bonds. * The UK blue chip index closed 0.1% lower at 7,348.6 points on Friday, as
Just Eat JE.L slumped after Amazon AMZN.O backed rival food delivery firm
Deliveroo in a funding round, but losses were limited as exporters were helped
by a slide in sterling amid renewed Brexit jitters. * For more on the factors affecting European stocks, please click on:
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TODAY'S UK PAPERS
> Financial Times PRESS/FT
> Other business headlines PRESS/GB

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