UK Stocks-Factors to watch on July 9
KKR & Co KKR | 0.00 | |
Alector ALEC | 0.00 | |
GlaxoSmithKline plc Sponsored ADR GSK | 0.00 |
July 9 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up on Thursday, with futures FFIc1 up 0.4%.
* THAMES WATER: Creditors seeking to take control of Thames Water are preparing to provide fresh financial backing to the debt-laden utility, Sky News reported.
* GSK: AlectorALEC.O said that GSKGSK.L had terminated their neuroscience collaboration agreement covering two experimental antibody drugs after both the drug candidates suffered clinical setbacks.
* DCC: The UK Takeover Panel further extended, until July 15, the deadline for a consortium of KKR KKR.N and Energy Capital Partners to make a firm offer for DCCDCC.L.
* PAY: British pay settlements held steady in the three months to May, a survey showed, signalling persistent wage pressures closely watched by the Bank of England.
* HOUSEPRICES: The downturn in Britain's housing market abated slightly last month, although sentiment remains fragile and prone to uncertainty, a survey from the Royal Institution of Chartered Surveyors (RICS) showed.
* OIL: Oil prices rose over 1% after new U.S. strikes on Iran dimmed hopes for a ceasefire and raised concerns about the full reopening of the Strait of Hormuz.
* GOLD/PRECIOUS: Gold hovered near a one-week low as renewed U.S.-Iran tensions boosted oil prices, stoking inflation concerns and reinforcing expectations of higher interest rates for longer.
* METALS: Copper ticked up in London, recovering some losses as investors assessed the impact of renewed Persian Gulf tensions on the global economy.
* EX-DIVS: Halma HLMA.L will trade without entitlement to its latest dividend pay-out on Thursday.
* UK's FTSE 100 saw its biggest one-day fall since May on Wednesday after U.S. President Donald Trump said an initial agreement to end the war on Iran was over.
* UK CORPORATE DIARY:
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* For more on the factors affecting European stocks, please click on: LIVE/
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