UK Stocks — Factors to watch on April 21

LONDON, April 21 (BestGrowthStock) – Britain’s FTSE 100 (.FTSE: ) index is seen
opening up 7 to 10 points, or 0.2 percent higher on Wednesday, according to
financial bookmakers, extending Tuesday’s rally after overnight gains on Wall
Street and in Asia as investors mull further U.S. earnings reports.

The UK blue chip index closed 55.78 points higher, or up 1.0 percent on
Tuesday at 5,783.69 as buoyant U.S. earnings from the likes of Goldman Sachs
(GS.N: ) and Bank of New York Mellon (BK.N: ) brightened the economic outlook.

Asian stocks rose on Wednesday, led by gains in tech shares after Apple
(AAPL.O: ) unveiled results after the Wall Street close that beat expectations,
and a strong sales forecast bolstered views that consumer demand is recovering.

Apple’s shares surged more than 5 percent to an all-time high of $257.30 in
after-hours trade. [ID:nN19112324]

Investors will have another swathe of U.S. corporate earnings to digest on
Wednesday, including results from Morgan Stanley (MS.N: ) (Read more about the money market today. ), Boeing (BA.N: ) and
Macdonald’s (MCD.N: ).

On the macro front, the latest British unemployment numbers will be released
at 0830 GMT, at the same time as minutes from the last Bank of England Monetary
Policy Committee meeting.

The March jobless claimant count is expected to have fallen by 5,000, after
a 32,300 decline in February, with the unemployment rate seen steady at 7.8
percent in February.

Economists expect the MPC to have voted unanimously to maintain interest
rates and leave unchanged the BoE’s quantitative easing policy at this month’s
meeting.

Across the Atlantic, the latest weekly U.S. mortgage and refinancing
indexes, due at 1100 GMT, will be the only pointers of interest.

Ex-dividend factors will knock 2.38 points off the FTSE 100 index on
Wednesday, with Aggreko (AGGK.L: ), BAE Systems (BAES.L: ), Kazakhmys (KAZ.L: ),
Petrofac (PFC.L: ), Smith & Nephew (SN.L: ) and Xstrata (XTA.L: ) all losing their
payout attractions.

* GLOBAL MARKETS-Tech drives Asia stocks up, euro stays weak [ID:nTOE63K03L]

* US STOCKS-Wall St lifted by energy, reporting cos. slip [ID:nN20125181]

* Nikkei edges above resistance; chip stocks climb [ID:nTOE63K01J]

* FOREX-Yen near lows after retreat, CAD keeps pressure on [ID:nTOE63K009]

* TREASURIES-Shorter-dated notes fall, stocks up on earnings [ID:nN20584029]

* Oil rises above $84 on equities, U.S. stock draw [ID:nSGE63K037]

* PRECIOUS-Gold inches up, supported by optimism on economy [ID:nTOE63K024]

* METALS-Copper slips ahead of China data, technicals weigh [ID:nSGE63K04K]

UK stocks to watch on Wednesday are:

BHP BILLITON (BLT.L: )

The global miner has discovered potential violations of anti-graft laws
relating to its exploration activities, in another blow to the mining industry’s
tarnished image. [ID:nSGE63J0NE]

Also, BHP Billiton posted an 11 percent annual rise in iron ore production
in the March quarter, trailing a much faster expansion by rival Rio Tinto
(RIO.L: ) and disappointing some expectations. [ID:nSGE63K01R]

BARCLAYS (BARC.L: )

Barclays Capital is hiring the former Asia real estate team of BNP Paribas
(BNPP.PA: ), people familiar with the matter said on Wednesday, marking a key step
in its efforts to build its investment banking group across the region.
[ID:nTOE63K01X]

Also, corporate governance consultant Pirc on Tuesday advised its clients to
vote against the British bank’ pay report, The Independent said.

NEXT (NXT.L: )

Concerns have been raised over Simon Wolfson’s future as chief executive of
the retailer after Wolfson’s name was included on a list of proposed peers put
forward by the Conservative party, The Daily Telegraph said.

TESCO (TSCO.L: )

The retailer has outlined a five-year plan to develop more leisure and
retail space in China than it currently operates in Britain, with 80 shopping
centres due to be completed in the country by 2016, The Financial Times said.

LONDON STOCK EXCHANGE (LSE.L: )

The LSE has adjusted its tariff structure in order to attract high-frequency
traders as it looks to bolster its market share in the face of competition from
rivals such as Chi-X Europe and BAT Europe, The Financial Times said.

AUTONOMY (AUTN.L: )

The search software firm reports first-quarter results.

GAME GROUP (GMG.L: )

The games retailer posts full-year results. Game Group is widely expected to
use the occasion to announce the departure of Lisa Morgan and Terry Scicluna,
the chief executive and chief operating officer, respectively, The Financial
Times said.

ST JAMES’S PLACE (SJP.L: )

The wealth manager issues a Q1 trading update.

HOCHSCHILD MINING (HOCM.L: )

The miner issues a Q1 output update

SENIOR (CSNR.L: )

The engineer issues a trading update.

HUNTING (HTG.L: )

The aerospace engineer issues a trading update.

DRAX GROUP (DRX.L: )

The power station operator holds its annual general meeting.

BUNZL (BNZL.L: )

The packaging firm holds its annual general meeting.

MEGGITT (MGGT.L: )

The engineer holds its annual general meeting.

SVG CAPITAL (SVI.L: )

The private equity firm holds its annual general meeting.

LONDON CAPITAL GROUP (LCG.L: )

The financial services group holds its annual general meeting.

LSL PROPERTY SERVICES (LSL.L: )

The estate agency firm holds its annual general meeting.

ARK THEARAPEUTICS (AKT.L: )

The biotech group holds its annual general meeting.

ANGLO PACIFIC (APF.L: )

The natural resources firm holds its annual general meeting.

1ST DENTAL LABORATORIES (FDT.L: )

The dental laboratories firm holds its annual general meeting.

Stock Market Advice

(Reporting by Jon Hopkins)

UK Stocks — Factors to watch on April 21