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UK Stocks-Factors to watch on April 11

ReutersApr 11, 2025 6:46 AM

- Britain's FTSE 100 .FTSE index is seen opening up on Friday, with futures FFIc1 up 1.06%.

BP: BP BP.L said that reported first quarter upstream production is expected to be lower compared to the previous quarter.

SHEIN: Online fast-fashion retailer Shein has secured approval from Britain's Financial Conduct Authority (FCA) for its planned initial public offering in London, according to two sources with knowledge of the matter.

NIOX: Niox Group NIOX.L said it has halted its sale process and that suitor Keensight Capital will not make a firm offer for the medical device maker due to challenging macroeconomic conditions.

ECONOMY: Britain's economy grew at a monthly pace of 0.5% in February , figures from the Office for National Statistics showed, well above economists' expectations in a Reuters poll for an expansion of 0.1%.

JOBS: Britain's jobs market weakened again in March according to a survey published by the Recruitment and Employment Confederation.

BALFOUR BEATTY: The U.S. Justice Department has decided to keep corporate monitors in place for Balfour Beatty Communities BALF.L and TD Bank TBNK.TO, amid ongoing review, according to two people familiar with the matter.

OIL: Oil prices fell and were set to drop for a second week on concerns of a trade war between the US and China crushing demand .

GOLD: Gold scaled a new record peak, fuelled by a weaker dollar and an escalating trade war.

METALS: Base metals in London traded mixed, headed for a weekly rise after U.S. President Donald Trump temporarily lowered the hefty duties for dozens of countries.

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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