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UK Stocks-Factors to watch on Aug 29

Published 29/08/2019, 06:25
© Reuters.  UK Stocks-Factors to watch on Aug 29
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Aug 29 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 17

points lower at 7,097

on Thursday, according to financial bookmakers.

* BP: Operations were normal at BP Plc's BP.L 430,000-barrel-per-day (bpd)

Whiting, Indiana, refinery on Wednesday despite talk in Midwestern refined

products markets that at least one unit had been shut at the refinery, said

sources familiar with plant operations. * IAG: Ground crew of Spanish flag carrier Iberia, part of British Airways

owner International Airlines Group ICAG.L will go ahead with planned strikes

at Barcelona's El Prat airport on Aug. 30-31, trade union UGT said on Wednesday,

only a few hours after suggesting the stoppage could be called off. * Goldman Sachs-backed GS.N British broadband operator CityFibre has

tabled a bid for rival TalkTalk's TALK.L network company, FibreNation, Sky

News reported on Wednesday. * BREXIT: Deutsche Bank (DE:DBKGn) on Wednesday retained its estimate that there is a

50:50 chance Britain will crash out of the European Union without a deal with

Brussels following Prime Minister Boris Johnson's move to suspend parliament.

* BREXIT: A petition opposing Prime Minister Boris Johnson's decision to

suspend parliament for a month in the run-up to the planned Brexit date of Oct.

31 gained more than 450,000 signatures in a matter of hours after Johnson's

announcement. * BREXIT: Britain's deepening political crisis over its exit from the

European Union will weigh on London's blue-chip stocks index .FTSE well into

next year, as investors continue to steer clear of the region's assets,

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according to a Reuters poll. * AUTOMOBILE: British new car production fell by an annual 10.6% in July,

the 14th consecutive month of declines due to weak demand in EU and Asian

markets and model changes, an industry body said on Thursday. * OIL: Oil prices fell on Thursday for the first time in three days after

San Francisco Federal Reserve President Mary Daly sounded a note of concern

about the strength of U.S. economy. * GOLD: Gold prices eked out gains on Thursday against the backdrop of

recession fears, with traders tracking signs of progress on the U.S.-China trade

talks and global central banks for direction on interest rates. * EX-DIVS: Auto Trader AUTOA.L , InterContinental Hotels IHG.L and St

James Place SJP.L will trade without entitlement to their latest dividend

pay-out on Thursday, trimming 0.8 points off the FTSE 100 according to Reuters

calculations. .L/XD

* Britain's Brexit-sensitive domestic stocks fell on Wednesday as renewed

worries about the country leaving the European Union without a deal pressured

sterling and sapped investor appetite for stocks sensitive to slowing consumer

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

LIVE/

* UK CORPORATE DIARY:

Hays HAYS.L Full Year Results

Hunting HTG.L Interim Results

Eddie Stobart ESL.L Interim Results

Chesnara CSN.L Interim Results

James Fisher & Sons FSJ.L Interim Results

TODAY'S UK PAPERS

> Financial Times PRESS/FT

> Other business headlines PRESS/GB

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