UK Stocks — Factors to watch on April 23

LONDON, April 23 (BestGrowthStock) – Britain’s FTSE 100 (.FTSE: ) is
seen opening 32-35 points higher on Friday, recovering from
sharp falls in the previous two days, with investors awaiting
further clues on the economic outlook from the release of GDP

Britain blue-chip index is seen gaining around 0.6 percent
after it fell 1 percent to a one-month closing low on Thursday
on news that Greece’s deficit widened more than expected,
hitting investor sentiment. The index also fell 1 percent on

Investors will watch GDP data released at 0830 GMT for more
clues on the health of the economy ahead of an election to be
held on May 6.

Analysts expect Britain’s economy to have expanded by 0.4
percent in the first quarter of this year, matching the rate of
expansion recorded in the final three months of 2009.

The euro fell (Read more about the trembling euro. ) to its lowest in nearly a year on Friday,
hammered by a wave of stop-loss selling in Asian trade as
speculation Greece could default on its sovereign debt
obligations spooked investors.

Asian stocks were mostly weaker but U.S. stocks (Read more about the stock market today. ) staged a
late-day comeback on Thursday as strong quarterly profits from
consumer bellwethers like Starbucks Corp (SBUX.O: ) outweighed
worries about Greece’s shaky finances, injecting a degree of
confidence for European investors.

Opinion polls reinforced expectations on Thursday that no
party will win outright control at Britain’s May 6 election,
with a YouGov/Sun poll suggesting a surge in support for the
third largest party may have peaked. [ID:nUKPOLLS10]

* US STOCKS-Profits boost lifts market; falls

* Nikkei edges lower, Toshiba up on profit estimate


* Oil steady near $84, shrugs off euro debacle


* PRECIOUS-Gold holds steady after slipping on rise


* METALS-Copper edges up; gains limited by dlr, China
concern [ID:nTOE63M02V]

* GLOBAL MARKETS-Greece worries hammer euro, stocks


UK stocks to watch on Friday:


The Association of British Insurers (ABI) on Thursday
expressed concern over bonuses at Lloyds Banking Group, raising
shareholder pressure on bank executives ahead of investor
meetings in the coming weeks. [ID:nLDE63L26Y]

In other news, Goldman Sachs Group Inc (GS.N: ) was involved
as an underwriter and an investor in Lloyds Banking Group’s 23.5
billion pound (US$36.1 billion) refinancing in late 2009, the
Financial Times said on Thursday, citing four people involved in
the capital raising. [ID:nN22242739]


The company releases a trading update.


The company holds its AGM.


The company releases a trading update


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The company reports full-year results
(Reporting by Simon Falush)

UK Stocks — Factors to watch on April 23