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UK Stocks-Factors to watch on Aug. 20

Published 20/08/2019, 06:27
© Reuters.  UK Stocks-Factors to watch on Aug. 20

Aug 20 (Reuters) - Britain's FTSE 100 .FTSE index is expected to open 3

points lower at 7,187 on Tuesday, according to financial bookmakers.

* GREENE KING: British pubs operator Greene King GNK.L has agreed to a 4.6

billion pounds bid from a Hong Kong-listed company founded by the territory's

richest man Li Ka-Shing, which said it was seeking to increase its UK presence

even as Brexit looms. * BHP: BHP Group BHPB.L posted its largest annual profit in five years and

record full-year dividends, but its share price eased as the world's biggest

miner flagged global economic headwinds that could hit demand for its key

commodities, iron ore and copper. * OIL: Crude oil prices held mostly steady on Tuesday on optimism that

U.S.-China trade tensions would ease and on hopes that major economies would

enact stimulus measures to counter a possible global economic slowdown that

could affect oil demand. * GOLD: Gold prices were flat on Tuesday, after declining more than 1% in

the previous session hit by an uptick in risk appetite, while investors awaited

meetings by policy-makers later in the week for clues on possible interest rate

cuts. * London's FTSE 100 bagged gains of 1% on Monday led by oil majors and

Asia-exposed banks that rose on moves by China to keep business interest rates

low, while pub operator Greene King helped midcaps outshine after agreeing to be

bought out.

* For more on the factors affecting European stocks, please click on:

LIVE/

* UK CORPORATE DIARY:

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TODAY'S UK PAPERS

> Financial Times PRESS/FT

> Other business headlines PRESS/GB

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