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UPDATE 1-UK Stocks-Factors to watch on Aug 6

Published 08/06/2019, 02:50 PM
Updated 08/06/2019, 03:00 PM
UPDATE 1-UK Stocks-Factors to watch on Aug 6
UK100
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IHG
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SHEL
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TCAPI
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RR
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ROR
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UK100
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DOM
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GENL
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BOOH
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(Adds company news items and futures)
Aug 6 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening down 17
to 7,206 points on Tuesday, according to financial bookmakers, with futures
FFIc1 down 0.31% ahead of the cash market open.

* ROLLS ROYCE: Britain's Rolls Royce RR.L said it was prepared to cope
with the fallout from a disorderly Brexit after the aero-engine maker spent
around 100 million pounds to increase inventory among other preparations, its
chief executive said. * GENEL ENERGY: Iraqi Kurdistan-focused Genel Energy GENL.L said it is
confident it is making progress on its Bina Bawi gas project as it holds talks
with the Kurdistan Regional Government (KRG) over exact terms. * ROTORK: British industrial group Rotork ROR.L on Tuesday cut its
forecast for 2019 sales growth, after reporting a 4.3% fall in first-half
revenue on lower orders. * BOOHOO: British online fashion group Boohoo Group Plc BOOH.L said on
Tuesday it had made an offer to buy the online business of women's fashion
retailers Karen Millen and Coast. * DOMINO'S PIZZA: Domino's Pizza DOM.L , Britain's biggest pizza delivery
company, announced the retirement of Chief Executive Officer David Wild and
reported a 7.4% drop in half-year profit. * TP ICAP: TP ICAP TCAPI.L , the world's largest inter-dealer broker,
reported lower first-half underlying profit on Tuesday as its broking division
took a hit from recent poor trading results at some of its biggest investment
bank clients. * INTERCONTINENTAL HOTELS: InterContinental Hotels Group IHG.L reported a
marginally higher first-half room revenue on Tuesday as fewer business
travellers in China and protests in Hong Kong led to a decline in demand from
Greater China.
* SHELL: Royal Dutch Shell RDSa.L is considering to install solar panels
to power its Bukom refining site in Singapore, a company spokeswoman told
Reuters on Tuesday
* OIL: Brent crude rose on Tuesday, after earlier falling to its lowest
since January, as traders betting on falling prices bought back contracts to
lock in profits from recent declines caused by the escalating trade dispute
between the U.S. and China. * GOLD: Gold prices held firm near six-year highs on Tuesday as investors
flocked to safety after the United States designated Beijing a currency
manipulator, escalating a protracted trade war between the world's two biggest
economies. * The UK blue chip index closed down 2.5% lower at 7223.85 as U.S.-China
trade tensions prompted investors to seek safe-haven assets, while Ocado and
Marks & Spencer fell after sealing a deal to set up an online food joint
venture. * 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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