UK Stocks-Factors to watch on May 1

viernes 1 de mayo de 2015 02:43 GYT
 

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LONDON May 1 (Reuters) - Britain's FTSE 100 index is seen opening 9 to 11 points lower, or down as much as 0.16 percent, on Friday, according to financial bookmakers.

* Futures for the index were down 0.3 percent at 0634 GMT.

* The UK blue chip index, which hit an all-time high of 7,122.74 points on April 27, closed 0.2 percent higher at 6,960.63 points in the previous session. The index rose 2.8 percent in April.

* Trading volumes are expected to be lower as other major regional markets are closed on Friday for the May Day holiday.

* LLOYDS BANKING GROUP - Britain's biggest retail bank reported a 21 percent rise in underlying pretax profit for the first quarter, reflecting an improved margin and lower losses for bad debts.

* BHP BILLITON - The world's largest mining company said on Thursday that union blockades at its Cerro Matoso nickel operation in Colombia had forced it to declare force majeure with some customers.

* HSBC - A campaign group has begun a legal process that could lead to Britain's tax authority facing a judicial review over its failure to take a tougher line with people alleged to have used accounts with an HSBC unit in Switzerland to evade tax.

* RENTOKIL INITIAL - British support services firm Rentokil Initial said it was on track to achieve its full-year expectations after it posted a 2.2 percent rise in revenue, helped by strong growth in Britain, North America and Latin America.   Continuación...