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UK Stocks-Factors to watch on July 13 (updated)

UPDATE 1-UK Stocks-Factors to watch on July 13

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- Britain's FTSE 100 .FTSE index up 0.21% on Monday.

* OXFORD NANOPORE TECHNOLOGIES: British biotech firm Oxford Nanopore Technologies ONT.L said its first-half revenue would be below its expectations.

* GSK: GSK GSK.L said its cancer drug Jemperli met the primary goal of a mid-stage trial, with clinically significant rate of participants showing no detectable signs of cancer one year or more after treatment, in patients with a specific type of locally advanced rectal cancer.

* PAGEGROUP : British recruiter PageGroup PAGE.L posted second quarter gross profit above market expectations, as strong hiring across the Americas and Asia markets offset a persistent slowdown in Europe and the UK.

* GLENCORE: Democratic Republic of Congo's tax authorities sealed the offices of Glencore's GLEN.L Kamoto Copper over a dispute concerning alleged tax liabilities, Bloomberg News reported.

* OIL: Oil prices surged over 4% as energy shipments via the Strait of Hormuz remained under threat, with the U.S. and Iran announcing renewed military strikes.

* METALS: Copper prices fell, as fighting escalated between the U.S. and Iran, with Tehran saying it had closed the vital energy corridor of the Strait of Hormuz once again.

* GOLD: Gold slid over 1% as fears of a closure of the Strait of Hormuz drove oil prices sharply higher, reviving expectations of elevated interest rates to combat inflationary pressures from escalating hostilities in the Middle East.

* 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))

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