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UK Stocks-Factors to watch on July 10

UK Stocks-Factors to watch on July 10

- Britain's FTSE 100 .FTSE index is seen opening up on Friday, with futures FFIc1 up 0.1%.


* VODAFONE: UAE's telecom operator E& Group EAND.AD said it will sell its entire stake in Vodafone VOD.L for $5.95 billion.

* ASTRAZENECA: A U.S. appeals court upheld a ruling for AstraZeneca AZN.L against allegations that its blockbuster lung-cancer drug Tagrisso infringed patents owned by Pfizer PFE.N subsidiary Wyeth.

* SHOPPING: The number of people visiting British shops fell 3.4% in June from a year earlier as a heatwave kept many indoors, industry data showed.

* OIL: Oil prices fell in early trading but remained on track for weekly gains as the United States and Iran continued trading strikes.

* GOLD/PRECIOUS: Gold edged lower and was on track for a weekly fall on concerns that escalating U.S.-Iran tensions could fuel inflation and keep the Federal Reserve on a hawkish monetary policy path.

* METALS: Copper advanced, supported by a weak dollar and easing fears around a rash of tit-for-tat strikes between the U.S. and Iran.

* The UK's FTSE 100 ended slightly lower on Thursday as heavyweight AstraZeneca dropped after reporting disappointing results from a late-stage trial, offsetting gains in mining and bank stocks.


* UK CORPORATE DIARY:

MJ Gleeson

GLEG.L

FY trading statement


* 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 Megha Kumari in Bengaluru)

((Megha.Kumari@thomsonreuters.com))

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