UK Stocks-Factors to watch on July 31
31/07/2024 05:53
July 31 - Britain's FTSE 100 .FTSE index is seen
opening higher on Wednesday, with futures FFIc1 up 0.3%.
* HSBC: HSBC Holdings HSBA.L reported a slight decline of
0.4% in first-half profit but still beat analyst estimates and
named Jonathan Bingham as its interim group chief financial
officer, effective September 2.
* RIO TINTO: Rio Tinto may consider a large acquisition but
it would have to provide value that is hard to find amid a
copper market that is running hot, CEO Jakob Stausholm said
while discussing its first-half results.
* FRESNILLO: Mexico-focused miner Fresnillo FRES.L said it
was subjected to a cyber security incident that resulted in
unauthorised access to certain IT systems and data.
* OIL: Oil futures rebounded more than $1 a barrel from
7-week lows after the killing of Hamas leader Ismail Haniyeh in
Iran ratcheted up tensions in the Middle East, but prices stayed
under pressure from concerns about weak China demand.
* FTSE: London's FTSE 100 ended lower on Tuesday, hurt by
losses in the beverage sector after Diageo hit a four-year low
following an annual profit miss, and by a decline in mining
stocks.
* UK CORPORATE DIARY:
GSK GSK.L Q2 Results
Metro Bank MTRO.L HY Results
Taylor Wimpey TW.L HY Results
Rathbones RAT.L HY Results
Shaftesbury Capital SHCS.L HY Results
Reach Plc RCH.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
(Reporting by Prerna Bedi in Bengaluru)
((Prerna.Bedi@thomsonreuters.com; +91 98052 24616;))