Black Friday is Now! Don’t miss out on up to 60% OFF InvestingProCLAIM SALE

UPDATE 1-UK Stocks-Factors to watch on July 8

Published 08/07/2020, 07:49
Updated 08/07/2020, 07:54
© Reuters.
UK100
-
AZN
-
FGP
-
UK100
-
FCH
-

(Adds futures, news items)
Britain's FTSE 100 .FTSE index is seen opening 24 points lower at 6,166 on
Wednesday, according to financial bookmakers, with futures FFIc1 down 1% ahead
of cash markets open.

* ASTRAZENECA: AstraZeneca Plc AZN.L and Merck & Co Inc MRK.N said their
blockbuster cancer treatment Lynparza won approval in the European Union for
treating patients with a form of pancreatic cancer. * BOOHOO: Online fashion retailer Boohoo said it was launching an
independent review of its supply chain in Britain, led by a senior lawyer,
following a media report about dire working conditions in one English
factory. * FUNDING CIRCLE: Funding Circle FCH.L will cut around 85 jobs in its U.S.
business, the British-based peer-to-peer lending platform said. * FIRSTGROUP: UK-based bus and rail operator FirstGroup FGP.L warned on
its ability to continue as a going concern, after posting an annual operating
loss. * INSURANCE: Commercial insurers are facing hefty claims from the
coronavirus crisis but are also seeing a steep rise in premiums – tempting
companies and industry veterans to raise capital, launch new businesses or
expand into new lines. * OIL: Oil prices dipped after industry data showing a build in U.S. crude
stockpiles added to worries about oversupply. * GOLD: Gold steadied near a more than eight-year high, as worries over
surging COVID-19 cases and hopes of more stimulus measures from the U.S. Federal
Reserve lifted demand for the safe-haven metal. * The UK blue-chip index .FTSE fell 1.5% on Tuesday, as a surge in U.S.
coronavirus cases turned investors away from riskier trades. * 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

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2024 - Fusion Media Limited. All Rights Reserved.