UK Stocks-Factors to watch on August 5

Legal & General

05/08/2026 06:00

Aug 5 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Wednesday, with futures FFIc1 up 0.3%.

* SHELL: Shell SHEL.L said it would invest in the next phase of the Surat Gas Project in Queensland, Australia, which is being developed by Arrow Energy, a joint venture owned equally by Shell and PetroChina 601857.SS.
* HSBC: HSBC Holdings HSBA.L has launched a three-part U.S. dollar senior bond sale to help fund a planned buyback of up to $5 billion of its outstanding 2028 notes.  
* EASYJET: Unions have filed a strike notice for all easyJet France EZJ.L cabin crew over "deteriorating" work conditions, they said in a statement.
* OIL: Oil extended declines after steep falls in the previous two trading sessions, as investors waited to see if efforts to end the Iran war and restore traffic through the blockaded Strait of Hormuz were making progress.
* GOLD: Gold rose for a third straight session, helped by a softer dollar and lower oil prices, while investors awaited U.S. jobs data for clues on the interest-rate outlook.
* METALS: Copper prices in London edged down from the previous day's highs but remained firm, even as the recent rally was capped by high prices that threatened to dampen demand.
* FTSE: London's FTSE 100 rose on Tuesday, as gains in metal miners helped offset a slide in energy shares, while the mid-cap index climbed to a record high for the first time in nearly five years. 

* UK CORPORATE DIARY:
Glencore 
GLEN.L 
HY results
Next 
NXT.L 
Q2 trading update
Coca-Cola HBC 
CCH.L 
HY results
Hiscox
HSX.L 
HY results
Tullow
TLW.L 
HY results
Beazley 
BEZG.L 
HY results
Shawbrook
SHAW.L 
HY results
Legal & General 
LGEN.L
HY results
     
* 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

 (Compiled by Neeshita Beura in Bengaluru)
 ((Neeshita.Beura@thomsonreuters.com))