Get 40% Off
💰 Buffett reveals a $6.7B stake in Chubb. Copy the full portfolio for FREE with InvestingPro’s Stock Ideas toolCopy Portfolio

UK Stocks-Factors to watch on Aug 12

Published 12/08/2019, 03:32 pm
Updated 12/08/2019, 03:40 pm
© Reuters.  UK Stocks-Factors to watch on Aug 12
UK100
-
NWG
-
RIO
-
TCGI
-
SSE
-
RIO
-
HG
-
1992
-

Aug 12 (Reuters) - Britain's FTSE 100 .FTSE index is expected to open 34 points higher at 7,288 points, according to financial bookmakers.

* RBS: Royal Bank of Scotland RBS.L will name Alison Rose as chief executive officer in coming weeks, succeeding Ross McEwan, Sky News reported on Saturday. SSE: British energy supplier SSE SSE.L said on Saturday it was in talks with OVO Group about the sale of its energy retail arm which serves 5.7 million households in Britain. THOMAS COOK: Indebted travel group Thomas Cook Plc TCG.L is in advanced talks with bondholders to raise 150 million pounds apart from the 750 million pound rescue it was already negotiating with top shareholder Fosun Tourism 1992.HK , Financial Times reported on Friday. RIO TINTO: Rio Tinto RIO.L , RIO.AX on Friday said it had moved a step closer to the development of a new copper project in Arizona, one of the few new major known deposits of the metal, with the potential to meet around a quarter of U.S. demand. WOODFORD: Under-fire Neil Woodford leads a list of underperforming money managers two months after his flagship fund was frozen, triggering anger among investors and lawmakers. OIL: Oil prices dipped on Monday amid worries about an economic slowdown and the Sino-U.S. trade war, which have led to a cut in the growth outlook for oil demand. GOLD: Gold prices held steady in holiday-thin trade on Monday, holding near the key $1,500 pivot, as uncertainties around Sino-U.S. trade war and concerns of slowing global economic growth offered support. London's FTSE 100 slipped on Friday as a mix of worries over the U.S.-China trade dispute and political turmoil in Italy weighed on heavyweight banks and miners, while the mid-cap index fell after a surprise downturn in Britain's economy last quarter. For more on the factors affecting European stocks, please click on: LIVE/

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

TODAY'S UK PAPERS

> Financial Times

PRESS/FT

> Other business headlines

PRESS/GB

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.