UK Stocks-Factors to watch on May 8

By Reuters / May 08, 2017 / in.investing.com / Article Link

May 8 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up 30 points at 7,327 on Monday, according to financial bookmakers.

* LLOYDS: British bank Lloyds LLOY.L plans to hand the reins to its finance director if the bank's chief executive quits for another job, The Times reported on Monday. OIL: Oil prices closed 1.5 percent higher on Friday, rebounding from five-month lows, following positive U.S. jobs data and assurances by Saudi Arabia that Russia is ready to join OPEC in extending supply cuts to reduce a persistent glut. GOLD: Gold pared gains on Friday after data showed U.S. job growth rebounded in April and stayed on track for its biggest weekly loss in six months as expectations for a U.S. interest rate hike in June grew and euro zone political risk receded. COPPER: Copper recovered on Friday from a five-month low as mine workers in Peru considered launching a new strike and some investors regarded the lower prices as good value. The UK blue chip index rose 0.7 percent on Friday, due to robust earnings and strength in resources-linked stocks. For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets

* UK CORPORATE DIARY:

Numis Corporation Plc

NUM.L

Half Year 2017 Earnings Release Centrica Plc

CNA.L

Q1 2017 Trading Statement Release Baring Emerging Europe Plc

BEE.L

Half Year 2017 Earnings Release

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