UPDATE 1-UK Stocks-Factors to watch on June 12

ليلي، إيلاي آند كو
رويال داتش شل
Metropolitan Bank Holding Corp.

Eli Lilly and Company

LLY

0.00

Shell Plc Sponsored ADR

SHEL

0.00

Metropolitan Bank Holding Corp.

MCB

0.00

Adds news items, updates futures

- Britain's FTSE 100 .FTSE index is seen opening higher on Friday, with futures FFIc1 up 0.7%.

* FLUTTER ENTERTAINMENT: Flutter Entertainment FLTRF.L said it would delist from the London Stock Exchange in August, while retaining its listing on the New York Stock Exchange, dealing a fresh blow to the British city's financial markets.

* MCBRIDE: McBride MCB.L warned that annual profit for fiscal years 2026 and 2027 would come in 5% to 10% below market views, as sustained price increases due to the Iran war squeeze margins.

* SHELL: Venezuela signed five agreements with Shell SHEL.L to advance oil and gas projects, including the company's participation in the coveted 7-trillion-cubic-feet Loran offshore gas field, the government said.

* HEALTH: Britain's medicine regulator approved Novo Nordisk's NOVOb.CO weight-loss pill, making the UK the first market in Europe where patients can access the oral treatment and boosting the Danish drugmaker as it battles U.S. rival Eli Lilly LLY.N.

* ECONOMY: Britain's economy contracted by 0.1% in April, its first monthly drop since August as the Iran war's cancellation of Formula 1 Grand Prix races and other Gulf sporting events delivered a heavy blow to the British entertainments industry.

* OIL: Oil prices fell over $1, extending losses from the previous session after U.S. President Donald Trump cancelled plans to strike Iran, reducing fears of an escalation of hostilities following tit-for-tat attacks earlier in the week.

* METALS: Copper firmed amid easing oil prices and a wave of optimism that a peace deal between the U.S. and Iran to end the war may be within reach.

* GOLD: Gold prices fell on Friday and were on track for a weekly loss, pressured by concerns around inflation and potential U.S. Federal Reserve interest rate hikes.

* 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