UPDATE 1-UK Stocks-Factors to watch on June 26

UPDATE 1-UK Stocks-Factors to watch on June 26

Reuters  | Jun 26, 2020 15:00

UPDATE 1-UK Stocks-Factors to watch on June 26

(Adds futures, news items)
Britain's FTSE 100 .FTSE index is seen opening 81 points higher at 6,228 on
Friday, according to financial bookmakers, with futures FFIc1 up 0.68% ahead
of cash marktes open.

* INTU PROPERTIES: Intu Properties INTUP.L , which owns Manchester's
Trafford Centre and Lakeside in Essex, will likely go into administration after
it failed to reach a debt standstill deal with its creditors. * ASTON MARTIN: Aston Martin AML.L said it would issue new shares worth up
to 20% of its existing equity capital as the luxury carmaker seeks additional
funds to ride out the coronavirus crisis. * MARSTON'S: Marston's MARS.L said it was uncertain about its financial
outlook in the short-term as it prepares to reopen pubs and restaurants on July
4. * TESCO: Tesco TSCO.L , Britain's biggest retailer, said underlying UK
sales rose 8.7% year-on-year in its first quarter to May 30. * EASYJET: British low-cost airline easyJet EZJ.L said it strengthened its
finances by $255 million through the sale and leaseback of six A320neo aircraft
with leasing firm SMBC Aviation Capital. * ASTRAZENECA: Daiichi Sankyo Co 4568.T is in discussions with AstraZeneca
Plc on developing supplies of a vaccine for the coronavirus in Japan.
* JOHN MENZIES: Airport services group John Menzies MNZS.L said Chief
Executive Officer Giles Wilson will resign to join Glenfiddich owner William
Grant & Sons as the chief financial officer. * OIL: Oil prices rose, extending gains from the previous day on optimism
about recovering fuel demand worldwide. * GOLD: Gold prices were headed for their third consecutive weekly gain on
worries about rising global cases of the novel coronavirus. * The UK blue-chip index .FTSE closed up 0.4% on Thursday, as banks and
energy stocks climbed. * For more on the factors affecting European stocks, please click on:
> Financial Times PRESS/FT
> Other business headlines PRESS/GB

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