LONDON, May 30 (Reuters) - Britain's FTSE 100 share index is expected to open about 30 points lower on Friday after U.S. blue-chip stocks turned sharply lower after the London market closed on Thursday.
UK stocks to watch on Friday are:
HSBC
Britain's largest bank holds its annual meeting, where rebel shareholders are expected to kick up a fuss about executive pay. Investors will also be looking for an update on the takeover of U.S. lender Household.
No major companies are due to release results.
For a diary of scheduled UK equities announcements click [GB/EQUITY].
STAGECOACH , ARRIVA , NATIONAL EXPRESS
Rail service operators may be cheered to learn they are to be allowed rail fare increases according to newspaper reports. For full story click here [nL2938079]
CABLE & WIRELESS
The Financial Times said the telecoms company is set to cut 200 head office jobs as part of a broader restructuring when it announces results next week.
EMAP , ALLIANCE UNICHEM
The media company and the pharmacy chain go into the influential MSCI global share index after the close of trade on Friday. Also added to the list are insurer Friends Provident and engineering firm Tomkins . MSCI made the changes known at the end of April.