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UPDATE 1-UK Stocks-Factors to watch on June 15

Published 06/15/2020, 02:44 PM
Updated 06/15/2020, 02:50 PM
© Reuters.
UK100
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BP
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BNZL
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HMSO
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(Adds company news items and futures)
Britain's FTSE 100 .FTSE index is seen opening 45 points lower at 6,060 on
Monday, according to financial bookmakers, with futures down 2.59% ahead of cash
markets open.

* METRO BANK: British challenger bank Metro Bank MTRO.L is in exclusive
talks to buy Retail Money, owner of peer-to-peer lender Ratesetter, though
discussions are at an early stage, it said in response to media
speculation. * STHREE: British recruiting firm SThree STEMS.L reported a 7% fall in
half-year net fees, as the novel coronavirus outbreak forced businesses around
the world to put a freeze on hiring activity. * BP: BP BP.L will incur an up to $17.5 billion writedown in the value of
its assets after lowering its long-term oil and gas price outlook in expectation
of an accelerated transition away from fossil fuels. * BUNZL: British business supplies distributor Bunzl BNZL.L forecast a 6%
rise in revenue for the first half of the year. * HAMMERSON: London-based mall operator Hammerson HMSO.L said it appointed
rival Land Securities ' LAND.L former chief executive officer, Robert Noel, as
its non-executive chair, replacing David Tyler. * OIL: Oil fell more than 2%, extending losses from last week, as new
coronavirus infections hit China and the United States. * GOLD: Gold prices were little changed after posting their best week since
early April as fears of a second wave of coronavirus infections in Beijing cut
investors' appetite for riskier assets. * The UK blue-chip index .FTSE closed up 0.5% on Friday, as battered
cyclical shares rose, but overall gains were slim as sentiment was subdued after
the country reported a record economic contraction in April. For more on the factors affecting European stocks, please click on:
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TODAY'S UK PAPERS
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