UK Stocks-Factors to watch on July 10

  • Reuters
  • Stock Market News
UK Stocks-Factors to watch on July 10
Credit: © Reuters.

July 10 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 10 points higher at 7,546 on Wednesday, according to financial bookmakers.

* KOM: Macquarie-backed MEIF 6 Fibre Ltd said on Tuesday it had offered 109.5 pence in the second day of a five-day auction for KCOM Plc KCOM.L , topping a bid from a unit of British pension fund Universities Superannuation Scheme Ltd.

ACACIA MINING: Tanzania's largest gold miner Acacia Mining Plc ACAA.L said on Tuesday it has agreed to a request from Barrick Gold Corp ABX.TO to extend the deadline to make a firm offer to July 19.

GOLD: Gold prices eased on Wednesday as the dollar climbed higher on expectations of a less dovish U.S. Federal Reserve, ahead of a testimony from the its Chairman Jerome Powell.

OIL: Oil prices rose on Wednesday, led by U.S. crude after an industry group reported that U.S. stockpiles fell for a fourth week in a row, alleviating concerns about oversupply amid global trade tensions. The UK blue chip index closed 0.2% lower on Tuesday amid a deteriorating economic outlook and Brexit tensions, while online grocer Ocado (LON: OCDO ) jumped on the FTSE 100 after confirmed its annual forecast.

* UK CORPORATE DIARY: Barratt Developments Plc

BDEV.L Trading statement release Dunelm Group Plc

DNLM.L Q4 Trading statement release Pagegroup Plc

PAGE.L Q2 Trading statement release Superdry Plc

SDRY.L FY Earnings statement release JD Wetherspoon Plc

JDW.L

Trading statement release

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