Get 40% Off
🤯 This Tech Portfolio is up 29% YTD! Join Now to Get April’s Top PicksGet The Picks – Just 99 USD

UPDATE 1-UK Stocks-Factors to watch on Aug. 5

Published 05/08/2020, 07:47
Updated 05/08/2020, 07:48
© Reuters.

© Reuters.

(Adds futures, news items)
Aug 5 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 2 points
higher at 6,038 on Wednesday, according to financial bookmakers, with futures
FFIc1 up 0.5% ahead of cash markets open.
* METRO BANK: Britain's Metro Bank MTRO.L swung to a 240 million pounds
($313.92 million) loss for the first half of the year, as provisions to cover
loan losses due to the coronavirus crisis wiped out its profits. * LEGAL & GENERAL: British life insurer Legal & General LGEN.L posted a 2%
drop in first-half operating profit. * COCA COLA HBC: Soft drinks bottler Coca Cola HBC AG CCH.L said its
performance recovered steadily from April lows as its markets gradually reopened
from coronavirus-led lockdowns. * BATS: British American Tobacco BATS.L named Guy Meldrum, the regional
director of its Asia-Pacific and Middle East business, as the new head of its
U.S. business, Reynolds American. * WILLIAM HILL: British gambling company William Hill WMH.L reported a
better-than-expected first-half profit while announcing 119 of UK betting shops
closed by coronavirus lockdowns would not reopen as it combines its online and
retail businesses. * HASTINGS: Finnish insurer Sampo SAMPO.HE and South Africa's Rand
Merchant Investment (RMI) RMIJ.J have made a recommended cash offer worth 1.84
billion euros ($2.17 billion) to buy British auto insurer Hastings HSTG.L ,
Sampo said. * BANKS: Britain's banks took a gloomier view than almost all their European
peers in their second quarter earnings. * OIL: Oil prices fell for the first time in four days, pulling back from as
much as five-month highs as mounting coronavirus cases worldwide and in the
United States undercut market confidence in a pickup in fuel demand. * The UK blue-chip index .FTSE ended flat on Tuesday as mixed earnings and
rising friction between the United States and China weighed. * 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

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.