UK Stocks-Factors to watch on Aug 15

  • Reuters
  • Stock Market News
UK Stocks-Factors to watch on Aug 15
Credit: © Reuters.

Aug 15 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up 24 points on Tuesday, according to financial bookmakers.

* SAINSBURY: Sainsbury 's SBRY.L shelved its talks on a 130 million pounds ($168.49 million) bid for grocery wholesaler Nisa over fear of concerns from UK's competition authorities, The Telegraph reported on Monday. HSBC: HSBC Holdings Plc HSBA.L appoints three executives from Goldman Sachs Group Inc (NYSE: GS ) GS.N -- namely Michael Chandler, Martin Zoll and Chito Jeyarajah -- in an effort to strengthen its Asia-Pacific equities business, Bloomberg reported on Tuesday, citing sources. (

* BRITAIN-EU/CUSTOMS: Britain will propose setting up an interim customs agreement with the European Union after Brexit to allow the freest possible trade of goods. JAPAN-BRITAIN/MAY: British Prime Minister Theresa May will visit Japan this month for talks with her Japanese counterpart Shinzo Abe to discuss Brexit, trade and defence, her office said on Tuesday. OIL: Oil prices steadied in early Asian trade on Tuesday after sharp falls the session before to the lowest in about three weeks as a stronger U.S. dollar and a drop in Chinese refining runs hit the market. GOLD: Gold prices fell in early trade on Tuesday as easing tensions between the United States and North Korea saw investors seek riskier assets like equities. METALS: Shanghai base metals futures fell on Tuesday, echoing weaker London prices overnight on a weaker dollar and mixed Chinese industrial data. The UK blue chip index closed 0.6 percent higher at 7,353.89 points on Tuesday, after gains among financials and miners helped lift the index on Monday from a three-month low, while changes to broker recommendations also prompted moves in individual stocks.

* For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets



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