UK Stocks-Factors to watch on August 2 (updated)

Virgin Money UK

02/08/2024 07:55

(Updates shares, adds items)
       Aug 2 - Britain's FTSE 100  .FTSE  index is seen opening
lower on Friday, with futures  FFIc1  down 0.5%.

    * INTERTEK: British product testing firm Intertek  ITRK.L 
on Friday reported a 14.2% jump in half year profit, helped by
higher demand and pricing.
    * IAG: British Airways owner IAG  ICAG.L  terminated its
proposed takeover of Spain's Air Europa citing regulatory
environment concerns, less than two months after it offered
remedies to antitrust regulators to secure approval for the
deal.
    * PRUDENTIAL: Insurer Prudential Financial  PRU.N  reported
a rise in second-quarter adjusted profit as its U.S. unit was
boosted by stronger underwriting and higher investment returns. 
    * OIL: Oil prices rose but were set for a fourth successive
weekly decline, as signs of disappointing global fuel demand
growth outweighed fears of supply disruptions.
    * METALS: Base metals declined as weak manufacturing data
from the United States and China exacerbated worries about the
global economic outlook and sparked more demand concerns.
    
    
    * 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 and Yamini Kalia in Bengaluru)
 ((Prerna.Bedi@thomsonreuters.com; +91 98052 24616;))