UK Stocks-Factors to watch on Aug. 9

  • Reuters
  • Stock Market News
UK Stocks-Factors to watch on Aug. 9
Credit: © Reuters.

Aug 9 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up 9 to 11 points higher on Tuesday, or up as much as 0.16 percent, according to financial spreadbetters.

* The UK blue chip index closed 15.6 points higher on Monday at 6809.13 points to touch its highest level in more than 13 months on the back of gains in mining stocks and Barclays BARC.L , which was boosted by an upgrade. BP: British oil major BP BP.L is seeking buyers for its 50 percent stake in a Chinese petrochemicals joint venture, its single largest investment in China, in a deal that would fetch $2-$3 billion, people familiar with the matter told Reuters. MONETARY POLICY: Bank of England policymaker Ian McCafferty said more quantitative easing was likely to be required if the U.K.'s economic decline worsens, the Times reported on Tuesday. BARCLAYS: Barclays BARC.L has reached a $100 million multi-state settlement over charges that it manipulated the Libor and Euribor interest rate benchmarks, New York Attorney General Eric Schneiderman said on Monday. HSBC: HSBC Holdings Plc HSBA.L has settled a U.S. probe accusing the British bank of illegally repossessing cars owned by members of the U.S. military while they were serving their country, the Department of Justice said on Monday. BRITISH SPENDING: British retail spending bounced back in July as sales promotions and good weather outweighed any immediate concern about the consequences of Britain's decision to leave the European Union, a survey showed on Tuesday. For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets

* UK CORPORATE DIARY:

GW Pharmaceuticals Plc

GWP.L

Q3 Earnings Spirax-Sarco Engineering Plc SPX.L

H1 Earnings Synthomer Plc

SYNTS.L H1 Earnings SIG Plc

SHI.L

H1 Earnings Quarto Group Inc

QRT.L

H1 Earnings IP Group Plc

IPO.L

H1 Earnings Regus Plc

RGU.L

H1 Earnings Standard Life Plc

SL.L

H1 Earnings Legal & General Group Plc

LGEN.L

H1 Earnings Amec Foster Wheeler Plc

AMFW.L

H1 Earnings Worldpay Group Plc

WPG.L

H1 Earnings

TODAY'S UK PAPERS

> Financial Times

PRESS/FT

> Other business headlines

PRESS/GB Multimedia versions of Reuters Top News are now available for:

* 3000 Xtra

: visit http://topnews.session.rservices.com

* For Top News : http://topnews.reuters.com

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or

100