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UK Stocks-Factors to watch on July 15

Published 07/15/2019, 01:37 PM
Updated 07/15/2019, 01:40 PM
UK Stocks-Factors to watch on July 15
RIO
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GSK
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UK100
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PCT
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KCOM
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INDV
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July 15 (Reuters) - Britain's futures .FFIc1 is seen opening up 0.01% on
Monday.

* INDIVIOR: A divided federal appeals court on Friday ruled against Indivior
Plc INDV.L in its bid to stop Dr. Reddy's Laboratories Ltd REDN.NS , RDY.N
and Alvogen from selling generic versions of its opioid addiction treatment
Suboxone film that infringed its patents. * KCOM: Macquarie unit MEIF 6 Fibre Ltd is to buy KCOM Group Plc KCOM.L in
a deal that values the British telecoms company at 627 million pounds ($787.5
million), ending a bidding war with a UK pension fund. * GLAXOSMITHKLINE: Glaxosmithkline Plc GSK.L is in talks to name HSBC's
deputy chairman Jonathan Symonds as the next chairman of the British drugmaker,
Bloomberg reported on Sunday, citing a person familiar with the matter.
* GOLD: Gold prices slipped on Monday, consolidating above $1,400 pivot, as
key China data assuaged concerns about global economic slowdown and boosted
appetite for riskier assets. * OIL: Oil prices slipped on Monday after China posted its slowest quarterly
economic growth in at least 27 years, reinforcing concerns about demand in the
world's largest crude oil importer. * The UK blue chip index closed 0.1% lower on Friday, led lower by losses in
pharmaceuticals after the U.S. White House scrapped a rebate rule, while the
midcap bourse jumped on prospects of lower interest rates. * For more on the factors affecting European stocks, please click on:
LIVE/

* UK CORPORATE DIARY:
Polar Capital Technology Trust PCT.L FY Earnings release
Rio Tinto Plc RIO.L Q2 Operations Review

TODAY'S UK PAPERS
> Financial Times PRESS/FT
> Other business headlines PRESS/GB

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