UPDATE 1-UK Stocks - Factors to watch on July 10

  • Reuters
  • Stock Market News
UPDATE 1-UK Stocks - Factors to watch on July 10
Credit: © Reuters.

(Adds company news items, futures)

July 10 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 10 points higher at 7,546 on Wednesday, according to financial bookmakers, with futures FFIc1 down 0.06% ahead of the cash market open.

* BARRATT: Barratt Developments Plc BDEV.L , Britain's biggest housebuilder, said on Wednesday it expects annual pretax profit to be ahead of market expectations, helped by margin growth and contributions from joint ventures. PAGEGROUP: Recruitment firm PageGroup Plc PAGE.L said on Wednesday it expects full-year operating profit to be towards the lower end of market expectations as Brexit uncertainty continues to hurt candidate and client confidence. NATIONAL HEALTH SERVICE: Britain's National Health Service will partner with Amazon AMZN.O to provide health information through the tech giant's voice assistant Alexa, the country's Department of Health and Social Care said. DUNELM: British homewares retailer Dunelm Group DNLM.L expects full-year profit at the upper end of its forecast as more time spent indoors due to wet summer weather spurred shoppers to spruce up their homes. GlaxoSmithKline: British Drugmaker GlaxoSmithKline Plc GSK.L on Wednesday said its two-drug HIV regimen Dovato was successful in suppressing the AIDS-causing virus in patients for 48 weeks at similar levels as the patients' previous three-drug treatment. SUPERDRY: The returning founder of Superdry warned it would take time to fix the struggling British fashion group on Wednesday after a 130 million pound ($161 million) charge for poorly performing stores pushed it into an annual loss. 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. For more on the factors affecting European stocks, please click on: LIVE/


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