June 7, 2016 / 5:36 AM / 2 years ago

UK Stocks-Factors to watch on June 7

June 7 (Reuters) - Britain's FTSE 100 index is seen opening down 6
points, or 0.10 percent  on Tuesday, according to financial bookmakers. For more
on the factors affecting European stocks, please click on 
    * The UK blue chip index closed up 1 percent at 6,273.40 points on Monday,
with a rally in metals prices boosting the UK mining index to a one-month high,
although housebuilders fell on concerns surrounding the June 23 referendum on
the country's EU membership. 
    * GLENCORE: A U.S. judge on Monday said Glencore Plc must face a
private antitrust lawsuit accused it of trying to monopolize the market for
special high-grade zinc, driving up its price. 
    * OPHIR: Oil and gas explorer Ophir Energy Plc said on Monday it
was talking to a range of equity investors, as well as gas buyers to help
finance its Fortuna FLNG project in Equatorial Guinea, after Schlumberger
 walked away. 
    * BP: BP Plc plans to restart the catalytic reformer at the 413,500
barrel per day (bpd) Whiting, Indiana refinery this week after completing a
10-week overhaul on the unit, sources familiar with plant operations said on
    * BHP: BHP Billiton  on Monday announced a $7.4 million
donation to Peking University to develop technology to capture carbon emissions
from the iron and steel industries. 
    * SPORTS DIRECT:  Mike Ashley, the billionaire founder of Sports Direct
, is set to face tough questions from British lawmakers on Tuesday over
working practices at his sportswear firm. 
    * BRITAIN RETAIL: British shoppers parted with more of their cash in May but
uncertainty about the economy is likely to keep a lid on sales growth, a survey
showed on Tuesday. 
    * BREXIT: Britons narrowly favour remaining in the European Union according
to two polls published in Tuesday's newspapers, in contrast to surveys released
on Monday which showed the campaign for Brexit ahead. 
    * COPPER: London copper came off a touch on Tuesday but remained near
four-week highs as the dollar stayed under pressure after Fe Chair Janet Yellen
said a rate hike was on the horizon but did not specify when. 
    * BRENT CRUDE: Brent crude prices inched lower on Tuesday after hitting a
seven-month high a day earlier, but market momentum appeared strong on a weak
dollar, French refinery restarts, Nigerian oil infrastructure attacks and
falling U.S. crude inventories. 
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 (Reporting by Rahul B in Bengaluru; Editing by Sunil Nair)
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