UK Stocks-Factors to watch on May 27

martes 27 de mayo de 2014 02:39 GYT
 

LONDON May 27 (Reuters) - Britain's FTSE 100 index is seen opening higher on Tuesday, with the June futures contract up 0.4 percent at 0628 GMT ahead of the cash market open. For more on the factors affecting European stocks, please click on

* The UK equity market, which was closed owing to a public holiday on Monday, was set to play catch up with a strong rise in European equities on solid election showings for governing parties in Germany and Italy.

* On Monday, Germany's DAX hit a record high and the euro zone Euro STOXX 50 hit a new 5-1/2 year peak as showings by pro-European forces in Germany and Italy provided an antidote to Eurosceptic gains in France, the UK and Greece.

* The UK blue chip index fell 4.81 points, or 0.1 percent, to 6,815.75 points on Friday. Earlier this month it climbed to 6,894.88, the highest level since December 1999, when it set a record high of 6,950.60 points.

* ASTRAZENECA : Pfizer abandoned its attempt to buy AstraZeneca for nearly 70 billion pounds ($118 billion) on Monday as a deadline approached without a last-minute change of heart by the British drugmaker.   Continuación...