UK Stocks-Factors to watch on June 27

lunes 27 de junio de 2016 01:38 GYT

June 27 (Reuters) - Britain's FTSE 100 index is seen opening down
160-172 points at the open on Monday, which would mark a percentage drop of
2.6-2.8 percent, according to financial bookmakers.
    * The UK blue chip index closed 3.2 percent lower at 6,138.69 points on
Friday after the country voted to leave the European Union, having initially
fallen more than 8 percent. 
    * BREXIT: The $2.08 trillion wiped off global equity markets on Friday was
the biggest daily loss ever, trumping the Lehman Brothers bankruptcy during the
2008 financial crisis and the Black Monday stock market crash of 1987, according
to Standard & Poor's Dow Jones Indices. 
    * Britain plunged deeper into political crisis on Sunday after its vote to
leave the European Union last Thursday, leaving world officials and financial
markets confused about how to handle the political and economic fallout.
    * MOODY'S: Ratings agency Moody's said Britain's creditworthiness was now at
greater risk after voting to leave the European Union, as the country would face
substantial challenges to successfully negotiate its exit from the bloc.
    * FINANCE MINISTER: British finance minister George Osborne will seek to
reassure financial markets on Monday following the country's decision to leave
the European Union last week, setting out the government's economic response to
the vote in a statement at 0600 GMT. 
    * For a summary of Reuters' coverage of Britain's vote to leave the European
Union, please click: 
    * TUI: European travel group TUI, which makes about a third of its
turnover in Britain, expects a dent to its profits because of the fall in the
pound after Britain's decision to leave the European Union but does not see a
big change in travel habits. 
    * BHP BILLITON: BHP Billiton said on Monday it plans to boost its
exploration budget by 29 percent to around $900 million next year, as the global
miner counts on new finds of oil and copper to drive growth in a tough market
rather than mergers and acquisitions. 

 One Media IP Group                                Half Year 2016 One Media
 Plc                                               IP Group Plc Earnings
 Porvair Plc                                       Half Year 2016 Porvair
                                                   Plc Earnings Release
    > Financial Times                      
    > Other business headlines             
 Multimedia versions of Reuters Top News are now available for:
 * 3000 Xtra    : visit
 * BridgeStation: view story .134
 For more information on Top News visit

 (Reporting by Mamidipudi Soumithri in Bengaluru; Editing by Sunil Nair)