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UK Stocks-Factors to watch on April 10

ReutersApr 10, 2025 5:05 AM

- Britain's FTSE 100 .FTSE index is seen opening higher on Thursday, with futures FFIc1 up 5.6%.

Pershing Square Holdings: Billionaire investor Bill Ackman's Pershing Square Holdings PSHP.L portfolio has lost nearly 14% so far this year, the firm told investors on Wednesday.

Beazley: Beazley BEZG.L CEO Adrian Cox told The Insurer that he expects the company to produce “healthy” margins this year despite increased competition and wildfire losses.

OIL: Oil prices retreated on Thursday as U.S. President Donald Trump ramped up a trade war with China

METALS: Base metal prices in London climbed on Thursday, supported by improved market sentiment after U.S. President Donald Trump decided to temporarily lower the duties imposed on several countries.

GOLD: Gold prices rose on Thursday after U.S. President Donald Trump escalated tariffs on China despite his decision to temporarily ease steep duties on several other countries.

The UK blue-chip FTSE 100 .FTSE index dropped 2.8%, led by declines in healthcare and energy stocks, as U.S. tariffs took effect.

UK CORPORATE DIARY:

Tesco Plc

TSCO.L

Prelim 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

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