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UK Stocks-Factors to watch on May 22
Published at 22/05/2019 at 06:27

May 22 (Reuters) - Britain's FTSE 100 index is seen opening 21 points higher at 7,350 on Wednesday, according to financial bookmakers.

* BHP: Global miner BHP Group on Wednesday said it plans to expand its nickel sulphide operations amid an expected boom in demand for the material in electric vehicle batteries.

* ACACIA: Canadian miner Barrick Gold Corp said on Tuesday it has proposed to acquire all of the shares it does not already own in Acacia Mining Plc through a share-for-share exchange of 0.153 Barrick shares for each ordinary share of Acacia.

* METRO BANK: Metro Bank escaped a potential investor challenge at its annual meeting on Tuesday, but there were sizeable votes against several of its most senior directors.

* The UK blue chip index closed up 0.25% at 7,328.92 on Tuesday, helped by a rally in homebuilders amid news of a proposed parliamentary vote on a second Brexit referendum and gains in Asia-facing stocks after the United States relaxed restrictions on China's Huawei.

* For more on the factors affecting European stocks, please click on:


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(Reporting by Justin George Varghese in Bengaluru)

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