UK Stocks-Factors to watch on August 27
UK Stocks-Factors to watch on August 27 Aug 27 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Thursday, with futures FFIc1 down 0.5%.
* PRUDENTIAL: Insurer Prudential PRU.L, 2378.HK reported a rise in first-half new business profit on Thursday, driven by strong growth in Hong Kong, Malaysia and Singapore.
* JULY AUTO OUTPUT: British vehicle production fell 11.6% year-on-year in July as weaker exports and earlier summer maintenance shutdowns at some plants weighed on output, industry data showed on Thursday.
* PAYMENTS INNOVATION: The British government plans to give the Bank of England a new "secondary objective" to support innovation in payment systems and digital money such as stablecoins, while maintaining financial stability as the central bank's primary responsibility, the Treasury said on Wednesday.
* SOLAR POWER: British households will be able to buy and use plug-in solar power kits from Thursday, the government said as it seeks to offer households options to curb their energy costs.
* EX-DIVS: Glencore GLEN.L, Games Workshop Group GAW.L, Autotrader Group AUTOA.L and Croda International CRDA.L will trade without entitlement to its latest dividend pay-out on Thursday.
* OIL: Oil prices fell on Thursday, extending a streak of losses, on expectations that talks between Iran and Qatar might open the Strait of Hormuz and reduce supply disruptions from the war in the Middle East.
* GOLD: Gold prices drifted higher on Thursday as so-called currency debasement fears lingered, while attention shifted to highly anticipated remarks from U.S. Federal Reserve Chair Kevin Warsh this week.
* METALS: Zinc prices rose for a seventh consecutive session on Thursday, boosted by thin availability outside China and exchange positioning.
* FTSE: The UK blue-chip index .FTSE edged lower on Wednesday, declining 0.07% to 10,878.12 points, as healthcare and energy stocks weighed on sentiment, while investors also assessed U.S. inflation data and waited for Nvidia's quarterly earnings.
* UK CORPORATE DIARY:
PPHE Hotel | PPH.L | HY results |
* For more on the factors affecting European stocks, please click on: LIVE/
TODAY'S UK PAPERS
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(Compiled by Ankita Bora in Bengaluru)