UPDATE 1-UK Stocks-Factors to watch on March 30

Kitco Media
By Reuters
Published:
Updated:
Reuters
(Adds news items, updates futures) March 30 (Reuters) - Britain's FTSE 100 index is seen opening higher on Thursday, with futures up 0.5%.


* SHELL: Shell said Cecile Wake would succeed Tony Nunan as Chair of Shell Australia, effective May 22.
* SSE: British power company SSE Plc lifted its annual earnings expectations, helped by continued strong performance of its flexible generation plant.
* PETROFAC: Oilfield services provider Petrofac Ltd said it had been awarded a 13 billion euro framework agreement with Hitachi Energy by Dutch-German electricity grid operator TenneT to supply offshore platforms and onshore converter stations.
* MOONPIG: Britain's online card retailer Moonpig said its trading performance has been resilient across the second half, underpinned by the biggest week of sales in the UK ahead of Mother's Day celebrations.
* VODAFONE: Vodafone wants to cut around 1,300 full-time jobs in Germany, its regional boss Philippe Rogge told German newspaper Handelsblatt.
* S4 CAPITAL: Martin Sorrell's advertising group S4 Capital Plc reported a 23% increase in its full-year operational core profit, benefiting from keeping a tight lid on costs in the second half.
* SAVANNAH ENERGY: Chad's parliament approved a bill to nationalise oil assets and rights acquired last year by Savannah Energy from ExxonMobil's affiliate, Esso Exploration and Production Chad.
* CAR PRODUCTION: British car production rose 13.1% in February in its first monthly increase in three, helped by an easing of supply-chain snags and robust output in both domestic and overseas markets.
* ENERGY: Britain will set out plans on Thursday to boost its energy security and independence through investment in moving towards cleaner, more affordable energy sources.


* For more on the factors affecting European stocks, please click on: TODAY'S UK PAPERS > Financial Times > Other business headlines (Reporting by Prerna Bedi in Bengaluru)

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