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UPDATE 1-UK Stocks-Factors to watch on Aug 22

Published 22/08/2017, 04:40 pm
UPDATE 1-UK Stocks-Factors to watch on Aug 22
UK100
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LLOY
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WG
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BHPB
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ANTO
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PSN
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VANQ
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HG
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UK100
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STBS
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(Adds company news items and futures)

Aug 22 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up 25 points at 7,318.88 on Tuesday, according to financial bookmakers, with futures FFIc1 up 0.5 percent ahead of the cash market open.

* PROVIDENT FINANCIAL: Provident Financial PFG.L said its chief executive, Peter Crook, is leaving and that it was unlikely to pay a dividend this year as the British subprime lender issued its second profit warning in two months. WOOD GROUP: Oilfield services company John Wood Group Plc WG.L reported a 86.7 percent fall in half-year profit, due to an exceptional charge and as weak oil prices hurt demand for its services. SECURE TRUST BANK: Secure Trust Bank STBS.L said it further tightened its credit risk appetite and acceptance criteria for small- and medium-sized customers over the first six months of the year, on slowing economic growth and heightened levels of uncertainty. PERSIMMON: Britain's second biggest housebuilder Persimmon PSN.L said its first-half pretax profit rose 30 percent to 457 million pounds ($589 million), but it would remain cautious over land buying due to uncertainty around Brexit. ANTOFAGASTA: Chilean copper producer Antofagasta ANTO.L said on Tuesday that first-half profit jumped by more than 80 percent on higher copper prices, adding it was on track to meet annual targets. BHP: Global mining giant BHP Billiton BLT.L committed to quitting its underperforming U.S. shale oil and gas business on Tuesday, as it posted a surge in annual underlying profit to $6.7 billion. LLOYDS: Ex-CEO of Lloyds Banking Group Plc (LON:LLOY) LOY.L is suing the bank in a move that might spark public outrage, The Times reported on Monday. OIL: Oil prices rose on Tuesday, lifted by indications that supply is gradually tightening, especially in the United States. The UK blue chip FTSE 100 .FTSE index closed down 0.1 percent at 7,318.88 points on Monday, suffering its third straight session of losses, in line with a broader "risk-off" move among European bourses. For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets

TODAY'S UK PAPERS

> Financial Times

PRESS/FT

> Other business headlines

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