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UPDATE 1-UK Stocks-Factors to watch on May 4
Published at 04/05/2021 at 07:50

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May 4 (Reuters) - Futures for Britain's FTSE 100 index were seen up 0.35% ahead of cash market open.

* S4 CAPITAL: S4 Capital raised its full-year revenue and gross profit target for the year after strong customer demand helped the group to grow rapidly in the first quarter.

* FRASERS GROUP: Frasers Group said it will start a new share buyback programme of up to 60 million pounds.

* PROVIDENT FINANCIAL: Provident Financial said a review into its door-to-door lending business was nearing completion, adding it was yet to reach any decision following media reports the British company was planning to close the unit.

* OXFORD NANOPORE: Oxford Nanopore has raised 195 million pounds in new investment ahead of its planned initial public offering due later this year, its backer IP Group said in a statement.

* BP: BP Plc is preparing to bid for the rights to build wind farms off Scotland, The Times reported early on Monday.

* VODAFONE GROUP: Vodafone Group Plc and Alphabet Inc's Google Cloud entered a strategic partnership to jointly develop data services, Vodafone said on Sunday.

* TRAVEL: Britain has been urged to publish its "green" list of countries where people from England will be able to travel as soon as possible as the May 17 date for the restart of holidays nears.

* GOLD: Gold prices retreated from a more than two-month high due to an uptick in the dollar.

* OIL: Oil prices dipped, reversing gains earlier in the session after more U.S. states eased lockdowns and the European Union sought to attract travellers.

* The UK blue-chip index closed 0.1% higher on Friday, boosted by earnings updates from AstraZeneca and Smurfit Kappa which help offset a slump in Barclays shares due to a cautious outlook despite profits beating expectations.

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


> Financial Times

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(Reporting by Priyanshi Mandhan in Bengaluru)

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