UK Stocks-Factors to watch on April 13

Kitco Media
By Reuters
Published:
Updated:
Reuters
April 13 (Reuters) - Britain's FTSE 100 index is seen opening lower on Thursday with futures down 0.1%.


* INCE: Legal and professional services firm Ince Group Plc plans to enter administration and pursue a sale of the company, it said on Wednesday, amid cash concerns and repeated delays in reporting its financial results.
* HOUSING: Britain's housing market continued to feel the pinch of higher borrowing costs in March, but property surveyors expect some improvement over the year ahead as they think interest rates are now near their peak.
* OIL: Oil prices retreated after rising for two sessions, with investors still showing lingering concern over a possible U.S. recession and weaker oil demand.
* GOLD: Gold prices inched higher for a third consecutive session, as cooler-than-expected U.S. inflation data spurred bets that the Federal Reserve might raise rates once more next month before pausing hikes.
* London's FTSE 100 closed higher on Wednesday for the fourth straight session, supported by healthcare and energy stocks as signs of cooling inflation in the U.S., the world's largest economy, boosted investor sentiment.


* UK CORPORATE DIARY:
Imperial Brands Trading statement PZ Cussons Q3 trading statement


Tesco FY Results



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

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