UK Stocks-Factors to watch on June 1
June 1 (Reuters) -Britain's FTSE 100 .FTSE index is seen opening higher on Thursday, with futures FFIc1 up 0.36%.
* JOHNSON MATTHEY: British autocatalyst maker Johnson Matthey JMAT.L is planning to sell its medical device components business as the company looks to streamline its portfolio of assets, Bloomberg News reported on Wednesday.
* ITV: British broadcaster ITV ITV.L has commissioned an external review of presenter Phillip Schofield's resignation, the company said on Wednesday, after the 61-year-old admitted to lying about a relationship with a young worker.
* OIL: Oil prices dipped in early trade on Thursday for the third straight session after data showed an unexpected, large build in U.S. crude stocks last week, triggering fears of an oversupply amid signs of weaker Chinese demand, too.
* GOLD: Gold prices held steady on Thursday, supported by a pullback in the dollar, although prices moved in a tight range as investors gauged the Federal Reserve's interest rate outlook following a critical vote on the U.S. debt ceiling.
* Britain's commodity-heavy stock indexes slid on Wednesday as weak China economic data drove commodity prices lower, while sentiment remained fragile ahead of a crucial vote on the U.S. debt ceiling issue.
* UK CORPORATE DIARY:
Pennon | PNN.L | FY results |
Dr Martens | DOCS.L | FY results |
Auto Trader | AUTOA.L | FY results |
* For more on the factors affecting European stocks, please click on: LIVE/
TODAY'S UK PAPERS
> Financial Times PRESS/FT
> Other business headlines PRESS/GB
Reporting by Muhammed Husain in Bengaluru; Editing by Dhanya Ann Thoppil
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