Breaking News
Get Actionable Insights with InvestingPro+: Start 7 Day FREE Trial Register here
Investing Pro 0
Ad-Free Version. Upgrade your experience. Save up to 40% More details

UPDATE 1-UK Stocks-Factors to watch on July 29

Stock MarketsJul 29, 2020 08:15
Saved. See Saved Items.
This article has already been saved in your Saved Items
© Reuters.

Britain's FTSE 100 index is seen opening 11 points lower at 6,118 on Wednesday, according to financial bookmakers, with futures (FFIc1) down 0.1%.

BARCLAYS: Barclays (LON:BARC) set aside a higher-than-expected 1.6 billion pounds to cover a possible rise in loan losses in the second quarter.

TAYLOR WIMPEY: Homebuilder Taylor Wimpey (TW.L) said it expects to complete around 40% fewer homes in 2020.

DIGNITY: Funeral services provider Dignity Plc (DTY.L) said profit in the first half of 2020 rose 11% as it conducted more funerals due to the COVID-19 pandemic.

SMITH+NEPHEW: Medical products maker Smith+Nephew (SN.L) posted a lower-than-expected first-half profit as patients and hospitals delayed elective surgeries.

NEXT: Next (NXT.L) said its full-price sales in the second quarter declined by 28%, a much better result than it expected at the height of the pandemic.

PREMIER FOODS: Premier Foods (PFD.L) said its second-quarter sales have seen a strong start but expects that to normalise through the quarter.

JUPITER FUND: Money manager Jupiter Fund Management (JUP.L) said its assets under management fell 8% over the first six months.

RIO TINTO: Miner Rio Tinto's (LON:RIO) first-half profit fell 4%, as coronavirus-driven disruptions spurred a drop in copper shipments.

ASTON MARTIN: Carmaker Aston Martin (AML.L) posted a first-half loss of 227 million pounds ($293 million).

WIZZ AIR: Low-cost carrier Wizz Air (WIZZ.L) said the aviation recovery would be like a roller coaster and that there was still too much uncertainty from the pandemic.

LANCASHIRE: Insurer Lancashire (LRE.L) posted a loss for the first half of the year.

DRAX: Power generator Drax (DRX.L) reported a 61 million pound ($79 million) loss before tax for the first half of 2020.

GSK: Sanofi and GSK GSK said they had reached an agreement with Britain to supply it with up to 60 million doses of a potential COVID-19 vaccine.

RETAIL: British retailers discounted their goods less in July than the month before, after consumer demand picked up in many sectors as coronavirus lockdown restrictions eased, data from the British Retail Consortium showed.

OFGEM: Britain's energy market regulator Ofgem proposed measures on Wednesday to tackle what it called unscrupulous energy brokers so small businesses could get fairer energy deals.

GOVERNMENT FUND: Britain has announced a 500 million-pound ($647 million) fund to help television and film companies restart productions after companies complained they were unable to get insurance because of the coronavirus pandemic.

OIL: Oil prices rose after an industry report showed that crude inventories in the United States fell against expectations, giving the market a boost amid record increases of coronavirus infections in the U.S. and elsewhere.

The UK blue-chip index (.FTSE) closed up 0.4% on Tuesday, as investors hedged with defensive stocks ahead of some keenly awaited events such as a U.S. Federal Reserve meeting and a decision on a U.S. stimulus plan.


Taylor Wimpey (TW.L) HY Earnings Releases
Unite Group (UTG.L) HY Earnings Releases
Dignity (DTY.L) HY Earnings Releases
Jupiter Fund Management (JUP.L) HY Earnings Releases
Barclays (BARC.L) HY Earnings Releases
Smith & Nephew (SN.L) HY Earnings Releases
Next PLC (LON:NXT) Q2 Trading Statement
Tullow Oil (TLW.L) HY Trading Statement
Lancashire Holdings Ltd (LON:LRE) Q2 Earnings Releases
AVEVA Group (AVV.L) Q1 Trading Statement
Drax Group (LON:DRX) HY Earnings Releases
Weir Group (WEIR.L) HY Earnings Releases
Rio Tinto (RIO.L) HY Earnings Releases
Premier Foods (PFD.L) Q1 Trading Statement
GlaxoSmithKline (GSK.L) Q2 Earnings Releases

For more on the factors affecting European stocks, please click on: LIVE/

> Financial Times PRESS/FT
> Other business headlines PRESS/GB

UPDATE 1-UK Stocks-Factors to watch on July 29

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: 

  • Enrich the conversation
  • Stay focused and on track. Only post material that’s relevant to the topic being discussed.
  • Be respectful. Even negative opinions can be framed positively and diplomatically.
  •  Use standard writing style. Include punctuation and upper and lower cases.
  • NOTE: Spam and/or promotional messages and links within a comment will be removed
  • Avoid profanity, slander or personal attacks directed at an author or another user.
  • Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at’s discretion.

Write your thoughts here
Are you sure you want to delete this chart?
Post also to:
Replace the attached chart with a new chart ?
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Are you sure you want to delete this chart?
Replace the attached chart with a new chart ?
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Continue with Google
Sign up with Email