UK Stocks-Factors to watch on July 7 (updated)

Ferrexpo

07/07/2025 07:51

Adds new items, updates futures

July 7 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Monday, with futures FFIc1 down 0.23%.

* SHELL: Shell SHEL.L trimmed the second-quarter outlook for its integrated gas division output and liquefied natural gas production and guided for weaker trading results in a quarterly update published on Monday ahead of full results.

* RENOLD: Renold PLC RNO.L said that volume demand in early fiscal year 2026 has fallen below year-ago levels.

* FERREXPO: Ferrexpo FXPO.L reported a 40% sequential fall in its second-quarter iron ore production on Monday as a suspension of its VAT refunds in the country squeezed liquidity and forced it to reduce operations.

* HOUSING: British house prices stagnated month-on-month during June, as economists polled by Reuters had expected, figures from Halifax showed on Monday.

* OCTOPUS ENERGY: Octopus Energy is close to hiring bankers to oversee a 10 billion pounds ($13.65 billion) separation and stake sale of its technology arm Kraken Technologies, Sky News reported on Saturday, citing sources familiar with the matter.

* COMMODITIES: Oil prices slipped on Monday, gold prices dropped, and copper prices on the Shanghai Futures Exchange and London Metal Exchange fell.

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

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 (Reporting by Subiksha S and Ankita Bora in Bengaluru; Editing by Vijay Kishore)

 ((Subiksha.S@thomsonreuters.com and Ankita.Bora@thomsonreuters.com))