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UPDATE 1-UK Stocks-Factors to watch on June 10
Published at 10/06/2021 at 07:56

(Adds futures, news items)

June 10 (Reuters) - Britain's FTSE 100 index is seen opening 15 points higher at 7,096 on Thursday, according to financial bookmakers, with futures up 0.15%.

* CMC Markets: CMC Markets said annual profit more than doubled from a year earlier, thanks to high volumes.

* MITIE GROUP: Mitie Group forecast a better-than-expected 2022 after annual profit tumbled 26%.

* BT: Telecoms and cable company Altice UK said that it had bought a 12.1% stake in UK telecoms company BT .

* AMIGO HOLDINGS: Amigo Holdings said it was considering all options for the company including a revised scheme of arrangement or insolvency, after a court last month rejected its rescue plan.

* GAMBLING: Almost half of British soccer fans have joined peers across Europe in placing wagers on France to lift the Euro 2020 trophy, Entain said, as the sports betting firm gears up for over three million bets on the delayed tournament.

* NATIONAL GRID: UK's competition regulator said it has served an initial enforcement order relating to National Grid's proposed $11 billion purchase of WPD from U.S.-based PPL .

* MORRISONS: Morrisons became the latest British supermarket group to be targeted by activist shareholders over the amount of unhealthy food it sells.

* DRAX GROUP: Drax Group has signed a long-term deal for carbon capture technology with Japan's Mitsubishi Heavy Industries (MHI)


* STUDY: A study of side-effects following vaccination with AstraZeneca's

anti-COVID-19 shot in Scotland found only an association with a largely harmless bleeding condition and no link to brain clots, underscoring the rarity of potential complications.

* AIRLINES: Airlines based in Britain have told the government they will need industry-specific support to help them survive if COVID-19 rules continue to keep travel markets shut.

* HOUSE PRICES: A rush by home-buyers to beat an end-of-June deadline for a tax break and a shortage of properties in the market helped to push a measure of British house prices to its highest level since 1988 in May, a survey showed.

* GOLD: Gold prices were on the back foot as the dollar ticked higher but traded in a narrow range.

* OIL: Oil prices fell as inventory data in the United States showed a surge in gasoline stocks that indicates weaker-than-expected fuel demand at the start of summer.

* The UK blue-chip index closed 0.2% lower on Wednesday after broadly underperforming their European peers.

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


> Financial Times

> Other business headlines

(Reporting by Priyanshi Mandhan in Bengaluru)

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