UK Stocks-Factors to watch on May 16



May 16 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening lower on Monday, with futures FFIc1 down 0.5%.

* RWS: Baring Private Equity Asia Fund VIII (BPEA) said on Monday it does not plan to make an offer for London-listed RWS Holdings RWS.L , weeks after the Hong Kong-based group expressed interest in the language services and software firm.

* PLUS500: Plus500 PLUSP.L said on Monday its annual revenue and profit would "significantly" exceed market expectations, as the online trading platform benefits from the rise in market volatility due to the Ukraine crisis.

* GREGGS: British baker and fast food chain Greggs GRG.L said cost pressures were increasing as it reported a rise in first-quarter sales that was flattered by comparison with restricted trading conditions due to COVID-19 in the same period of 2021.

* RYANAIR: Ryanair RYA.I said on Monday it was impossible to give a detailed forecast beyond hoping to return to "reasonable profitability" this year amid uncertainties over COVID-19 and the Ukraine war, after posting a smaller annual loss.

* HSBC: HSBC HSBA.L has hired Robey Warshaw to assist an internal review into its strategy, after a push from its largest shareholder Ping An to spin off the lender's Asian operations, a source familiar with the matter said on Friday.

* VODAFONE GROUP: United Arab Emirates-based telecoms company e& ETISALAT.AD has bought a 9.8% stake in Vodafone VOD.L for $4.4 billion, days after saying it was looking to expand into new markets and related areas such as financial technology.

* CREDIT: Lending to small businesses in Britain has fallen to its lowest since at least 2014 as companies and banks worry about the worsening economic outlook, according to a survey published on Monday.

* Britain's FTSE 100 rallied on Friday to erase weekly losses, aided by gains in defensive stocks, although concerns over stubborn inflation and economic slowdown kept sentiment in check.

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

TODAY'S UK PAPERS

> Financial Times

> Other business headlines


Reporting by Muhammed Husain in Bengaluru

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

We are using cookies to give you the best experience on our website. Read more or change your cookie settings.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.