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UPDATE 1-UK Stocks-Factors to watch on Thursday, Aug 22

Published 22/08/2019, 07:49
© Reuters.  UPDATE 1-UK Stocks-Factors to watch on Thursday, Aug 22
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(Adds futures, more company news)

Aug 22 (Reuters) - Britain's FTSE 100 .FTSE index is seen

to opening 29 points lower at 7,175 on Thursday, according to

financial bookmakers, with futures FFIc1 down 0.3 percent

ahead of the cash market open.

* GLAXOSMITHKLINE: British drugmaker GlaxoSmithKline Plc

GSK.L said on Thursday its long-lasting two-drug regimen to

treat HIV met the main goal of a late-stage study.

* LAURA ASHLEY: Clothing and furnishing retailer Laura

Ashley ALY.L reported an annual pretax loss on Thursday, in

what the company said was a difficult period for the group and

retail sector. * ANTOFAGASTA: Chilean miner Antofagasta Plc ANTO.L on

Thursday reported a 44% jump in first-half profit, benefiting

from higher copper sales, by-product revenue and lower cost of

production. * PREMIER OIL: British energy company Premier Oil PMO.L on

Thursday posted a 23.5% rise in its first-half profit after tax,

boosted by record output, and reiterated its targets for the

year. * PLAYTECH PLC: Playtech Plc PTEC.L lowered its full-year

revenue forecast for Asia on Thursday, as it struggles with

rising competition in China and regulatory crackdown in

Malaysia. * RANK GROUP: Casino and gaming operator Rank Group Plc

RNK.L on Thursday reported a 22% slump in annual operating

profit, hit by a drop in sales and traffic at its casinos and

bingo halls earlier in the year. * BRITISH AMERICAN TOBACCO: Four dominant e-cigarette makers

including a unit of British American Tobacco BATS.L face a

probe into the health impacts of their products, as the U.S.

House Energy and Commerce Committee asked on Wednesday about the

firms' research and marketing practices. * RYANAIR: Ryanair RYA.I can still avoid a planned strike

by British pilots this week if it agrees to a new framework for

talks, the chief of UK pilot union BALPA said on Wednesday.

* Britain and South Korea will sign a continuity Free Trade

Agreement on Thursday to allow businesses to keep trading freely

after Brexit at the end of October, the British government said.

* Major British employers gave average pay rises of 2.6% to

staff in the three months to July, the highest pace of increase

in more than 10 years, data from industry consultants XpertHR

showed on Thursday. * HSBC: HSBC Holdings Plc HSBA.L is considering a bid for

Asian operations being sold by Aviva Plc AV.L , according to a

Bloomberg report. https://bloom.bg/33Z5IZk * EX-DIVS: Berkeley Group BKGH.L , Carnival (NYSE:CCL) CCL.L , Croda

International CRDA.L , Imperial Brands IMB.L , London Stock

Exchange LSE.L , Prudential PRU.L , Reckitt Benckiser RB.L

and Schroders Plc SDR.L will trade without entitlement to its

latest dividend pay-out on Thursday, trimming 5.7 points off the

FTSE 100 according to Reuters calculations. L/XD

* London's FTSE 100 rose 1.1% on Wednesday as oil majors

tracked gains in crude prices and exporters benefitted from a

weaker pound, while markets waited for minutes of the U.S.

Federal Reserve's July meeting for signs of further policy

easing. * GOLD: Gold prices were unchanged on Thursday, lingering

above the key $1,500 level, as investors awaited the Federal

Reserve chair's speech at a global central bankers' conclave for

clues on future U.S. interest rate cuts. * OIL: Oil prices slipped on Thursday, paring earlier gains,

weighed down by lingering worries about the global economy and

bigger-than-expected builds in oil product inventories in the

United States, the world's biggest oil consumer. * 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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