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UK Stocks-Factors to watch on Aug 16

Published 08/16/2019, 01:25 PM
Updated 08/16/2019, 01:30 PM
UK Stocks-Factors to watch on Aug 16
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Aug 16 (Reuters) - Britain's FTSE 100 .FTSE index is expected to open 20
points lower at 7,112 on Friday, according to financial bookmakers.

* BURFORD: Burford Capital BURF.L , the litigation funder embroiled in a
stand-off with short-seller Muddy Waters, on Thursday confirmed plans for a dual
U.S. listing as it replaced its finance chief over investor concerns about her
marriage to the CEO. * RYANAIR: Ryanair RYA.I expects minimal cancellations with affected
passengers flying out at different times if pilots in Britain and Ireland go
ahead with a two-day strike next week, the airline's chief people officer said
on Thursday. * OIL: Crude oil prices rose on Friday following two days of declines, as
data showing an increase in retail sales in the U.S. helped dampen concerns
about a recession in the world's biggest economy. * GOLD: Gold prices edged lower on Friday, but were headed for a third
consecutive weekly gain, as fears over slowing global economic growth and a lack
of clarity on the U.S.-China trade war boosted the metal's safe-haven appeal.
* London's FTSE 100 tumbled to a six-month low as China's warning to counter
the latest U.S. tariffs fanned trade tensions, while the more domestically
focused midcap index fared better in comparison, amid investor hopes of averting
a no-deal Brexit. UK CORPORATE DIARY:

Dukemount Capital PLC DKE.L Full Year Earnings Release
Ashley House PLC ASH.L Full Year Earnings Release

* 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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