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UPDATE 1-UK Stocks - Factors to watch on July 10

Published 07/10/2019, 03:10 PM
Updated 07/10/2019, 03:20 PM
UPDATE 1-UK Stocks - Factors to watch on July 10
UK100
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AMZN
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GSK
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BDEV
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PAGE
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UK100
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ACAA
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GOLD
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DNLM
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KCOM
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(Adds company news items, futures)
July 10 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 10
points higher at 7,546
on Wednesday, according to financial bookmakers, with futures FFIc1 down 0.06%
ahead of the cash market open.
* BARRATT: Barratt Developments Plc BDEV.L , Britain's biggest
housebuilder, said on Wednesday it expects annual pretax profit to be ahead of
market expectations, helped by margin growth and contributions from joint
ventures. * PAGEGROUP: Recruitment firm PageGroup Plc PAGE.L said on Wednesday it
expects full-year operating profit to be towards the lower end of market
expectations as Brexit uncertainty continues to hurt candidate and client
confidence.
* NATIONAL HEALTH SERVICE: Britain's National Health Service will partner
with Amazon AMZN.O to provide health information through the tech giant's
voice assistant Alexa, the country's Department of Health and Social Care said.
* DUNELM: British homewares retailer Dunelm Group DNLM.L expects full-year
profit at the upper end of its forecast as more time spent indoors due to wet
summer weather spurred shoppers to spruce up their homes. * GlaxoSmithKline: British Drugmaker GlaxoSmithKline Plc GSK.L on
Wednesday said its two-drug HIV regimen Dovato was successful in suppressing the
AIDS-causing virus in patients for 48 weeks at similar levels as the patients'
previous three-drug treatment. * SUPERDRY: The returning founder of Superdry warned it would take time to
fix the struggling British fashion group on Wednesday after a 130 million pound
($161 million) charge for poorly performing stores pushed it into an annual
loss.
* KOM: Macquarie-backed MEIF 6 Fibre Ltd said on Tuesday it had offered
109.5 pence in the second day of a five-day auction for KCOM Plc KCOM.L ,
topping a bid from a unit of British pension fund Universities Superannuation
Scheme Ltd. * ACACIA MINING: Tanzania's largest gold miner Acacia Mining Plc ACAA.L
said on Tuesday it has agreed to a request from Barrick Gold Corp ABX.TO to
extend the deadline to make a firm offer to July 19. * GOLD: Gold prices eased on Wednesday as the dollar climbed higher on
expectations of a less dovish U.S. Federal Reserve, ahead of a testimony from
the its Chairman Jerome Powell. * OIL: Oil prices rose on Wednesday, led by U.S. crude after an industry
group reported that U.S. stockpiles fell for a fourth week in a row, alleviating
concerns about oversupply amid global trade tensions. * The UK blue chip index closed 0.2% lower on Tuesday amid a deteriorating
economic outlook and Brexit tensions, while online grocer Ocado jumped on the
FTSE 100 after confirmed its annual forecast. * 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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