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UPDATE 1-UK Stocks-Factors to watch on July 7

Published 07/07/2020, 07:50
Updated 07/07/2020, 07:54
© Reuters.
UK100
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WTB
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RCH
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UK100
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JD
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PLUSP
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(Adds futures, news items)
July 7 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening a point
lower at 6,285 on Tuesday, according to financial bookmakers, with futures
FFIc1 down 0.6% ahead of cash markets open.

* JD SPORTS: Retailer JD Sports JD.L warned that customer traffic was
still weak in malls and shopping centres across Europe as shoppers worried about
visiting densely occupied enclosed spaces after the lifting of coronavirus
restrictions. * PLUS500: Online trading platform Plus500's PLUSP.L revenue in the first
half nearly quadrupled to 564.2 million pounds ($704.40 million), as it
continues to see strong trading volumes in financial markets. * WHITBREAD: Whitbread WTB.L first-quarter sales plunged 79% as the
COVID-19 lockdown shuttered most of its hotels in Britain and
Germany. * HALFORDS: British motor and cycling products retailer Halfords said
underlying sales fell 6.5% in its first quarter with a rampant performance in
bicycles during the lockdown more than offset by weakness in
motoring. * REACH: British newspaper publisher Reach RCH.L said it would cut about
550 jobs - 12% of its workforce. * OIL: Oil prices fell, erasing earlier gains, on concerns that the surge in
coronavirus cases in the United States, the world's biggest oil user, will limit
a recovery in fuel demand. * GOLD: Gold prices held steady near an eight-year high as investors weighed
a spike in COVID-19 cases around the world. * METAL: Copper prices rose as a rebound in U.S. services industry activity
reinforced hopes of a swift global economic recovery. * The UK blue-chip index .FTSE closed 2.1% higher on Monday, on hopes of
more stimulus to kickstart a battered global economy, while homebuilders jumped
on a report of stamp duty cuts. * For more on the factors affecting European stocks, please click on:
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