UK Stocks-Factors to watch on May 5

May 5 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening higher on Thursday, with futures FFIc1 up 1.15%.

* OCADO: Some 29% of votes cast at Ocado's OCDO.L annual shareholder meeting opposed online supermarket and technology group's plan to extend management incentive scheme beyond its original five-year term.

* MONDI: Paper and packaging firm MNDI.L said it would sell its Russian assets, the latest company to exit the country following Moscow's invasion of Ukraine.

* STANCHART: Standard Chartered's STAN.L pay plans for top executives were approved by shareholders on Wednesday, but a sizeable minority of investors voted against them.

* RIO TINTO: Rio Tinto RIO.AX RIO.L said any sanctions on Russian aluminium producer Rusal for Moscow's invasion of Ukraine would significantly disrupt the aluminium market and drive prices higher.

* UK CAR SALES: British new car sales fell about 16% in April, compared with a year earlier, prompting a downgrade to the full-year outlook, according to preliminary industry data released.

* GOLD: Gold prices climbed more than 1% after U.S. Federal Reserve Chair Jerome Powell ruled out large, aggressive interest rate hikes for the year as the central bank seeks to contain inflation without triggering an economic recession.

* OIL: Oil prices edged higher, extending gains from the previous session, as a European Union proposal for new sanctions against Russia, including an embargo on crude in six months, offset concerns over Chinese demand.

* FTSE 100: UK's benchmark equities index declined on Wednesday, weighed down by weakness in consumer staple and healthcare shares, while investors awaited the Federal Reserve's interest rate decision later in the day.




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


> Financial Times

> Other business headlines

Reporting by Amna Karimi in Bengaluru; Editing by Vinay Dwivedi

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