UK Stocks — Factors to watch on May 5

LONDON, May 5 (BestGrowthStock) – Britain’s FTSE 100 (.FTSE: ) index is seen opening
flat on Wednesday, steadying after sharp falls in the previous session and
overnight slides on Wall Street and in Asia after confidence over the Greek debt
crisis bailout evaporated.

The UK blue chip index looks set to open up 1-2 points, according to
financial bookmakers, after it closed down 142.18 points, or 2.6 percent, at
5,411.11 on Tuesday, its lowest close since early March.

Global stocks and the euro tumbled on Tuesday amid fears that European Union
officials will not be able to stop Greece’s sovereign debt crisis from spreading
around the region. [ID:nN04110574]

On the day before the British general election, with a record number of
voters saying they will make their minds up at the last minute, closer attention
will also be paid to the polls and any prospects for a hung parliament.

Ex-dividend factors will knock a massive 18.47 points off the FTSE 100 index
on Wednesday, with Antofagasta (ANTO.L: ), BP (BP.L: ), Bunzl (BNZL.L: ), G4S (GFS.L: ),
GlaxoSmithKline (GSK.L: ), Kingfisher (KGF.L: ), Wm Morrison (MRW.L: ), Rexam (REX.L: ),
Royal Dutch Shell A (RDSa.L: ) and Royal Dutch Shell B (RDSb.L: ) shares all losing
their payout attractions.

Japan’s financial markets were closed on Wednesday as part of the “Golden
Week” holiday season.

British shop price inflation accelerated sharply in April, driven by
commodity prices rises, the reversal of a cut in value-added tax and the weak
pound, a BRC survey showed on Wednesday. [ID:nLDE6431HX]

The rate at which British recruiters filled permanent vacancies slipped last
month from March’s 12-year peak as the public sector appeared poised to rein in
hiring, a Recruitment and Employment Confederation survey showed on Wednesday.
[ID:nLDE6431UX]

Across the Atlantic, the U.S. April ADP national employment survey is
scheduled for release at 1215 GMT, and April’s Challenger layoffs survey is due
at 1130 GMT. Both are key ahead of Friday’s U.S. non-farm payrolls.
The ISM non-manufacturing index, due at 1400 GMT, will also be of interest.

* GLOBAL MARKETS-Greek woes hit Asian shares, euro down [ID:nTOE64400A]

* Wall St slides on fear Greek crisis could spread [ID:nN04128195]

* Bonds rally as Greece angst fuels safety bids [ID:nN04106164]

* Euro losses deepen on contagion worries, dollar gains [ID:nTOE64401A]

* Gold under more pressure as dollar rises [ID:nSGE64403C]

* Shanghai copper hits 3-mth low on Greece woes [ID:nTOE64401I]

* Oil falls towards $82 on high U.S stockpiles, firm dlr [ID:nSGE64401L]

UK stocks to watch on Wednesday:

STANDARD LIFE (SL.L: )

The insurer’s subsidiary Standard Life Investments has acquired a 75.1
percent stake in fund of hedge funds manager, Aida Capital Limited.

ANTOFAGASTA (ANTO.L: )

The miner issues first-quarter output figures.

XSTRATA (XTA.L: )

The miner issues a first-quarter production report.

LEGAL & GENERAL (LGEN.L: )

The life insurer issues a trading update.

BAE SYSTEMS (BAES.L: )

The defence company holds its annual general meeting.

NEXT (NXT.L: )

The fashion retailer issues a trading update.

PRUDENTIAL (PRU.L: )

The insurer issues a trading update.

LIBERTY INTERNATIONAL (LII.L: )

The shopping mall owner issues a trading update.

SAGE GROUP (SGE.L: )

The accountancy software company posts first-half results.

CARILLION (CLLN.L: )

The building and support services group holds its annual general meeting.

CSR (CSR.L: )

The chipmaker posts first-quarter results.

JD WETHERSPOON (JDW.L: )

The pubs group issues a trading update.

JOHNSON SERVICE GROUP (JSG.L: )

The dry cleaning-to-clothes-hire firm holds its annual general meeting.

LOGICA (LOG.L: )

The Anglo-Dutch IT group issues a trading update.

MILLENNIUM & COPTHORNE HOTELS (MLC.L: )

The hotelier reports first-quarter results.

NATIONAL EXPRESS GROUP (NEX.L: )

The transport group holds its annual general meeting.

PROVIDENT FINANCIAL (PFG.L: )

The subprime lender issues a trading update.

RATHBONE BROTHERS (RAT.L: )

The wealth manager issues a trading update.

RIGHTMOVE (RMV.L: )

The property website holds its annual general meeting.

SPIRENT COMMUNICATIONS (SPT.L: )

The telecoms testing firm holds its annual general meeting.

SAVILLS (SVS.L: )

The property consultant holds its annual general meeting.

WOLFSON MICROELECTRONICS (WLF.L: )

The chipmaker reports first-quarter results.

WSP GROUP (WSPG.L: )

The building and environmental consultancy issues a trading update.

PLAYTECH (PTEC.L: )

The online gaming software firm issues a trading update.

TODAY’S UK PAPERS

> Financial Times [PRESS/FT]

> Other business headlines [PRESS/GB]

Growth Stocks

(Reporting by Tricia Wright)

UK Stocks — Factors to watch on May 5