UK Stocks-Factors to watch on July 4 (updated)

BAWAG AG

04/07/2024 07:40

(Adds new items, updates futures)
       July 4 (Reuters) - Britain's FTSE 100  .FTSE  index is
seen opening higher on Thursday, with futures  FFIc1  up 0.1%.

    * BARCLAYS: British bank Barclays  BARC.L  has agreed to
sell its German consumer finance business to BAWAG Group AG
 BAWG.VI  for a "small premium to net assets", payable in cash,
it said.
    * MARSTON'S: Marston's  MARS.L  has appointed Kenneth Lever
as an independent non-executive chair with effect from July 8,
the British pub group said.
    * WOOD GROUP: Dubai-based engineering and consulting firm
Sidara has sought the extension of a deadline to make a firm
offer for UK's John Wood Group  WG.L  to July 31, after being
rejected thrice earlier.
    * CAR SALES: Registration of new cars in Britain increased
"slightly" in June and the market crossed the half-year "million
motors" mark for the first time since 2019, an industry body
said.
    * OIL: Oil prices fell in Asia with investors turning
cautious on expectations of lower demand as U.S. employment and
business data came in weaker than forecast, signalling the
economy of the world's top oil consumer may be cooling.
    * GOLD: Gold prices drifted higher after
softer-than-expected U.S. economic data fuelled hopes that the
Federal Reserve could cut interest rates as soon as September.
    * METALS: Copper prices in London eased as demand was
weakened due to higher prices, with poor economic data also
weighing on sentiment.
    
        
  
    * For more on the factors affecting European stocks, please
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 (Reporting by Prerna Bedi and DhanushVignesh Babu in Bengaluru)
 ((Prerna.Bedi@thomsonreuters.com; +91 98052 24616;))