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UK Stocks-Factors to watch on July 29

Published 29/07/2019, 06:34
© Reuters.  UK Stocks-Factors to watch on July 29
UK100
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FERG
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HMSO
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LSEG
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DATA
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July 29 (Reuters) - Britain's FTSE 100 .FTSE index is expected to open 2
points higher at 7,551 on Monday, according to financial bookmakers.

* FERGUSON: Nelson Peltz's Trian Fund Management LP has urged Ferguson Plc
FERG.L to sell its UK business, Sky News reported on Sunday, a month after the
activist fund built up a 6% stake in the plumbing products distributor.
* LSE: The London Stock Exchange Group Plc LSE.L said on Friday it was in
discussions to acquire financial data analytics provider Refinitiv Holdings Ltd
for $27 billion, including debt. * JUST EAT: European online food delivery firm Takeaway.com NV TKWY.AS
said it was in talks about an all-share offer for Britain's Just Eat JE.L ,
announcing the possible bid after a media report about a 9 billion pound ($11
billion) merger plan. * SPORTS DIRECT: Sports Direct SPD.L founder Mike Ashley said buying House
of Fraser may have been a mistake for the British sporting goods retailer, in a
delayed results statement that also warned it could face a 674 million euro bill
from Belgium's tax authority. * ANGLO AMERICAN: Mining mogul Anil Agarwal pocketed just 6% profit from his
3.5 billion pound investment in Anglo American AAL.L, held since 2017, even
though the underlying shares rose over 50% since then, according to Reuters
estimates. * OIL: Oil prices fell on Monday as investors fretted over the outlook for
global economic growth, while weekend talks between Iran and major powers ended
on a generally positive note, suggesting an easing of tensions in the Middle
East. * GOLD: Gold prices gained on Monday ahead of this week's U.S. Federal
Reserve monetary policy meeting, which is expected to lead to a cut in U.S.
interest rates. * Britain's FTSE 100 surged on Friday led by Vodafone, which enjoyed its
best day in more than 16 years on plans to create a separate European tower
company, while mid-cap Sports Direct fell after thrice delaying its annual
results. * For more on the factors affecting European stocks, please click on:
LIVE/

* UK CORPORATE DIARY:
Hammerson PLC HMSO.L Half Year Earnings Release
GlobalData PLC DATA.L Half Year Earnings Release
Keller Group PLC KLR.L Half Year Earnings Release
Cranswick PLC CWK.L Q1 2019 Trading Statement

TODAY'S UK PAPERS
> Financial Times PRESS/FT
> Other business headlines PRESS/GB

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