UPDATE 1-UK Stocks-Factors to watch on Aug. 4

  • Reuters
  • Stock Market News
UPDATE 1-UK Stocks-Factors to watch on Aug. 4
Credit: © Reuters.

(Adds futures, news items)

Aug 4 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 12 points lower at 6,021 on Tuesday, according to financial bookmakers, with futures FFIc1 down 0.1% ahead of cash markets open.

* EASYJET: British low cost airline easyJet EZJ.L said it planned to fly about 40% of its capacity over the rest of the summer, more than it had originally scheduled on better than expected booking demand. DIAGEO: Diageo Plc DGE.L , the world's largest spirits maker, reported a bigger-than-expected decline in underlying net sales as demand for its whiskies, vodka and gin fell in all markets except North America. BABCOCK: British engineering group Babcock International 's BAB.L underlying profits slumped about 40% in the first quarter as higher costs from the coronavirus downturn hurt its operations, while sales from its core business grew slightly. CENTAMIN: Gold miner Centamin Plc CEY.L reported higher first-half pretax profit, buoyed by increased output from its Sukari mine in Egypt and rising bullion prices on coronavirus driven safe-haven demand. DIRECT LINE: Britain's biggest car insurer Direct Line DLGD.L boosted its interim dividend and declared a special payout to make up for cancelling its 2019 dividend, after reporting a small drop in first-half operating profit. OIL: Oil prices slid amid concerns that a nascent recovery in fuel demand could stall as a fresh wave of COVID-19 infections around the world sparks tighter lockdowns just as major producers ramp up output. GOLD: Gold prices held steady near record highs as worries over the global economic fallout from mounting COVID-19 cases offset pressure from a rebound in the U.S. dollar. The UK blue-chip index .FTSE closed up 2.3% on Monday, as an uptick in UK factory activity tied in with similar data from Germany and United States to raise economic recovery hopes. For more on the factors affecting European stocks, please click on: LIVE/


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