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UK Stocks-Factors to watch on April 29
Published at 29/04/2021 at 06:16

Britain's FTSE 100 index is seen opening 15 points higher at 6,979 on Thursday, according to financial bookmakers.

* WH SMITH PLC: UK's WH Smith Plc on Wednesday warned of the possible risk of breaching its covenant tests in 2022 after it slumped to a first-half loss and launched a potential 325 million-pound ($450 million) bonds offering as the retailer navigates the COVID-19 crisis.

* LONDON STOCK EXCHANGE GROUP: The London Stock Exchange Group said on Wednesday its forecast for expenditure following its $27 billion acquisition of data and analytics company Refintiv remains unchanged.

* ASTRAZENECA: Argentina's government said on Wednesday it had met with representatives of drugmaker AstraZeneca Plc to ask about "difficulties" in the production of its COVID-19 vaccine and supply to the country.

* OIL: Oil prices extended gains after rising 1% the previous session, as bullish forecasts on recovering demand this summer outweighed concerns about the impact of rising COVID-19 cases in India, Japan and Brazil.

* London's FTSE 100 climbed on Wednesday, lifted by energy shares and a slew of upbeat earnings updates from companies including Lloyds Banking Group and WPP as investors awaited the U.S. Federal Reserve's policy statement.


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* For more on the factors affecting European stocks, please click on:


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(Reporting by Indranil Sarkar in Bengaluru)

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