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UK Stocks-Factors to watch on July 15

Published 07/15/2020, 01:36 PM
Updated 07/15/2020, 01:40 PM
© Reuters.

Britain's FTSE 100 .FTSE index is seen opening 44 points higher at 6,224, on
Wednesday, according to financial bookmakers.

* SOLGOLD: The board of Cornerstone Capital Resources CGP.V on Tuesday
rejected BHP-backed SolGold Plc's SOLG.L takeover offer for the second
time. * TESCO: Online shoppers at Tesco TSCO.L will be able to order ketchup and
Coca-Cola in refillable bottles as part of a pilot service by Britain's biggest
supermarket chain. * BHP: More than 200,000 Brazilian people and groups will next week kick off
a 5 billion-pound lawsuit against Anglo-Australian miner BHP BHPB.L in Britain
over a 2015 dam failure. * GSK: An independent panel to the U.S. Food and Drug Administration on
Tuesday voted in favour of approving GlaxoSmithKline's GSK.L experimental
treatment for a common form of blood cancer. * BT: BT BT.L said it estimated that a ban on Huawei's equipment in its 5G
networks would cost it no more than the 500 million pounds it had
earmarked. * OIL: Oil prices rose following a sharp drop in U.S. crude inventories,
with the market waiting for next steps from a meeting later in the day on the
future level of output cuts by OPEC and its allies. * The UK blue-chip index .FTSE ended largely unchanged, but well above
session lows on Tuesday. Energy and mining stocks were the best performers on
the index for the day, helped by weakness in the pound. UK CORPORATE DIARY:
McCarthy & Stone MCS.L HY Earnings Release
Galliford Try Holdings GFRD.L Trading Statement
Dunelm Group DNLM.L Q4 Trading Statement
Premier Oil PMO.L Trading Statement
Dixons Carphone DC.L FY Earnings Statement
Severn Trent SVT.L Q1 Trading Statement
Burberry Group BRBY.L Q1 Trading Statement
ASOS ASOS.L Trading Statement
Hochschild HOCM.L Q2 Production results

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* For more on the factors affecting European stocks, please click on:
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TODAY'S UK PAPERS
> Financial Times PRESS/FT
> Other business headlines PRESS/GB

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