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UPDATE 1-UK Stocks-Factors to watch on Aug. 11

Published 11/08/2020, 07:39
Updated 11/08/2020, 07:42
© Reuters.
UK100
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IHG
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BWY
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POG
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UK100
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DOM
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PLUSP
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QLT
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(Adds futures, news items)
Aug 11 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 46
points higher at 6,097 on Tuesday, according to financial bookmakers, with
futures FFIc1 up 0.8% ahead of cash markets open.

* QUILTER: Quilter QLT.L reported a 25% drop in first-half adjusted pretax
profits, as the COVID-19 pandemic dented growth in assets under management in
the last six months by 3% to 107 billion pounds. * BELLWAY: Housebuilder Bellway BWY.L said it constructed fewer homes in
the year as a weeks-long COVID-19 lockdown brought property sales to a halt.
* DOMINO'S PIZZA: Domino's Pizza Group Plc DOM.L posted a 2.7% dip in
first-half operating earnings, hurt by costs for implementing social distancing
measures at its restaurants due to the coronavirus outbreak. * PLUS500: Online trading platform Plus500 Ltd PLUSP.L reported an
expected surge in first-half core profit on the back of extreme volatility in
financial markets triggered by the coronavirus crisis. * INTERCONTINENTAL HOTELS: InterContinental Hotels IHG.L said it was
seeing some "very early" signs of a recovery in demand as coronavirus
restrictions ease in major markets, with July room revenue expected to be down
58%.
* BOE: The Bank of England will step up on quantitative easing if the
British economy slows and struggles again, Deputy Governor Dave Ramsden said in
an interview published on Tuesday. * CONSUMER SPENDING: British consumers spent the most last month since the
country went into a coronavirus lockdown in March, as pubs, restaurants, barbers
and beauty salons reopened. * PETROPAVLOVSK: Shareholders of Russian gold miner Petropavlovsk POG.L
voted on Monday against reinstating co-founder Pavel Maslovskiy and other
members of the company's board and called for an investigation into transactions
over the past three years. * OIL: Crude oil gained more ground, with prices underpinned by expectations
of U.S. stimulus and a rebound in Asian demand as economies reopen. * GOLD: Gold fell as dollar's relative value against other currencies
recovered, spurring some investors to lock in gains in bullion, which has soared
to record levels of $2,000 per ounce. * The UK blue-chip index .FTSE closed up 0.3% on Monday, as the number of
COVID-19 cases in Britain surged, while hopes of more global stimulus and some
upbeat data kept alive expectations of an economic rebound. * 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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