UK Stocks-Factors to watch on May 15

Kitco Media
By Reuters
Published:
Updated:
Reuters
May 15 (Reuters) - Britain's FTSE 100 index is seen opening higher on Monday, with futures up 0.1%.


* SRAM & MRAM: India's SpiceJet Ltd said on Monday that UK-based SRAM & MRAM Group will invest $100 million in its cargo division SpiceXpress, sending shares of the budget airline up as much as 4.8%.
* BOE: British public sector employers plan the biggest pay increases in over a decade and private sector deals are set to remain high, according to a survey published on Monday, potentially adding to worries at the Bank of England.
* GATWICK: Britain's Gatwick airport shut its runway for almost an hour on Sunday over a "suspected drone" incident, Sky News reported.
* OIL: Oil prices slipped on Monday as concerns about fuel demand in top global oil consumers United States and China offset bullish sentiment about tightening supplies from any OPEC+ cuts and a resumption in U.S. buying for reserves.
* GOLD: Gold prices edged higher on Monday as the U.S. debt ceiling stalemate and concerns of an economic slowdown steered some traders towards the safe-haven metal.
* Britain's FTSE 100 index closed higher on Friday, with healthcare and energy stocks leading as oil prices rebounded and drugmaker GSK jumped, while data showed the British economy grew slightly in the first quarter of the year.


* UK CORPORATE DIARY:
Vodacom FY results Currys plc Trading update


Diploma Interim results


Hyve Interim 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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