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

Published 08/05/2019, 02:50 PM
Updated 08/05/2019, 03:00 PM
UPDATE 1-UK Stocks-Factors to watch on Aug 5
UK100
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HSBA
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SRENH
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UK100
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EZH
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JE
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TKWY
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QLT
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(Adds company news items and futures)
Aug 5 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening down 94
points at 7,313 on Monday, according to financial bookmakers, with futures
FFIc1 down 1% ahead of the cash market open.

* JUST EAT-TAKEAWAY.COM: Amsterdam-based Takeaway.com TKWY.AS has agreed
the terms of an 8.3 billion pound ($10.1 billion) recommended deal to buy
British rival Just Eat JE.L to create the world's largest online food delivery
firm outside China. * QUILTER: Swiss Re's SRENH.S Britain-based ReAssure unit has agreed to
buy the closed book business of Quilter QLT.L for 425 million pounds ($515.19
million). * SENIOR: British engineering firm Senior SNR.L posted a 16% drop in
first-half profit on Monday, as margins in its aerospace unit were hit by
Boeing's BA.N production cuts of its best-selling 737 MAX planes following the
global grounding of the jet. * HSBC: HSBC HSBA.L ousted Chief Executive Officer John Flint after just
18 months in that role, in a surprise move that the lender's chairman said was
necessary to accelerate progress of its strategic priorities. * EASYHOTEL: The board of Britain's budget hotel chain easyHotel Plc EZH.L
on Monday recommended a bid from a consortium of Canadian real; estate fund
Cadim Fonds and Luxembourg's ICAMAP Investments, drawing an immediate rejection
from founder by Stelios Haji-Ioannou. * OIL: Oil prices fell amid renewed global economic growth concerns after
U.S. President Donald Trump vowed to escalate the trade war with China with more
tariffs, which would likely limit fuel demand in the world's two biggest crude
consumers. O/R
* GOLD: Gold prices jumped 1% to their highest level in more than six years,
as the escalating trade war between the United States and China along with
global growth worries drove investors towards safe-haven assets. * The UK blue chip index closed 2.3% lower at 7407.06 points after U.S.
President Donald Trump threatened to hit China with more trade tariffs, while a
Brexit-induced warning on targets knocked shares in Royal Bank of Scotland.
* 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

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