Get 40% Off
💰 Buffett reveals a $6.7B stake in Chubb. Copy the full portfolio for FREE with InvestingPro’s Stock Ideas toolCopy Portfolio

UPDATE 1-UK Stocks-Factors to watch on July 23

Published 23/07/2019, 07:53
© Reuters.  UPDATE 1-UK Stocks-Factors to watch on July 23
UK100
-
BP
-
LLOY
-
ABDN
-
ISA
-
IGG
-
FRAS
-
BEZG
-
UK100
-
PAGPA
-
IQE
-

(Adds company news items, futures)
July 23 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 27
points higher at 7,542 on Tuesday, according to financial bookmakers, with
futures FFIc1 up 0.42% ahead of the cash market open.
* BEAZLEY: Lloyd's of London insurer Beazley Plc BEZG.L said on Tuesday
its first-half earnings nearly tripled from last year, as it wrote more policies
at higher rates and said it expects double-digit premium growth over the year.

* IQE: Britain's IQE Plc IQE.L warned its sale volumes had been hit by the
trade war between Beijing and Washington, but said it was still receiving orders
from multiple customers in Asia. * IG GROUP: Online trading platform IG Group Holdings IGG.L on Tuesday
reported a slump of almost a third in its earnings for the year, hit by Europe's
clampdown on the provision of access to high-stakes financial betting to amateur
traders. * PARAGON: Specialist lender Paragon Banking PARA.L on Tuesday reported a
20% jump in new lending in the first nine months of 2019 and stuck by its
financial outlook for the whole year, while saying it was keeping a tight rein
on risk due to political uncertainties.
* BRITISH AIRWAYS: British Airways pilots have voted overwhelmingly for
strike action in a pay dispute that could disrupt the British flag carrier's
peak summer holiday season. * INMARSAT: Britain said on Monday it would scrutinise the acquisition of
satellite communications firm Inmarsat ISA.L by a private equity-led
consortium to examine any potential impact on national security. * DEBENHAMS/SPORTS DIRECT: British department store group Debenhams said
former shareholder Sports Direct SPD.L had withdrawn from a challenge to its
rescue plan because it did not have sufficient legal grounds, but the sports
retailer would continue to fund the action. * HEATHROW AIRPORT: Campaigners against the expansion of Heathrow Airport
have won the right to lodge a new legal challenge against the construction of a
new runway at Europe's biggest airport, Greenpeace, one of the appellants, said
on Monday. * LLOYDS BANKING‎ GROUP: Lloyds Banking‎ Group PLC LLOY.L will pay about
140 million pounds to Standard Life Aberdeen PLC (SLA) SLA.L to settle a legal
fight over the future of a 100 billion pound asset management mandate, Sky news
reported on Monday. * U.S. commodities trader Bunge Ltd BG.N and British energy company BP Plc
BP.L said on Monday they will merge their Brazilian sugar and ethanol
operations to create the world's third-largest sugarcane processor. OIL: Oil prices edged higher on Tuesday amid lingering concerns about
possible supply disruptions in the Middle East, but an overall weaker demand
outlook kept a lid on gains, helped by a vow by the International Energy Agency
(IEA) to take swift action to keep global oil markets adequately supplied.
GOLD: Gold prices fell on Tuesday as the dollar strengthened and some
investors locked in profits ahead of the U.S. Federal Reserve meeting next week.
* The UK blue chip index closed 0.1% higher as gains in oil heavyweights
amid heightened tensions in the Middle East helped London's main index hold
steady on Monday. * For more on the factors affecting European stocks, please click on:
LIVE/

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

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.