Wednesday , July 28 2021

UPDATE 1-UK Stocks Factors to Look At November 7 Metals and Mining

(Adds company news and futures)

According to UK financial bookmakers, the British FTSE 100 index was higher by 33 points, according to financial bookmakers, with FTSE 100 futures rising 0.31 percent.

* MARKS & SPENCER: British Marks & Spencer recorded a drop in sales and clothing and food in the first half of the year, hit by the disruption from the latest attempts to turn over after more than a decade of unsuccessful re-inventions.

ITV: British ITV market reported slightly more than expected 9 per cent increase from 2 per cent in 9-month advertising, but said that all uncertain economic prospects would occupy toll in the fourth quarter.

* WIZZ AIR: The Wizz Air billing company reduced the year-on-year prognosis, accusing higher fuel prices and the summer affected by air traffic control and congested airports.

* PERSIMMON: Persimmon boss was to step down after Britain's second largest homeowner said the controversy surrounding the multi-million pound bonus was a continuous distraction that hit the company's reputation.

JD WETHERSPOON: British pub operator JD Wetherspoon Plc has warned on Wednesday that it expects that trading will be somewhat less than the previous financial year as it deals with higher costs.

* G4S: British outsourcing company G4S announced on Wednesday it expects a flat-rate supply for the whole year in 2018 after a number of investments, with large growth in North America and Asia partly offset by lower revenue growth somewhere else.

REDROW: Redrow plc announced on Wednesday that it has welcomed the UK's expansion of its policy of helping first class home buyers, but urged the government to look at lower regional caps in a prolonged plan.

* BHP: Mining div BHP Billiton expects some interruption in its Australian iron ore export after nearly 3 km of long train transported with the merchant went heavily this week following running on the way to key shipping niches.

* THOMAS COOK: British vacation company Thomas Cook Group Plc has announced that it plans an independent estimate of hygiene in any property that some customers suffered last summer after the deaths of two British tourists at the Hurghada summer resort in the Red Sea in August.

* EUROTORG: Eurotorg Holdings Plc (IPO ERH.L), the largest food trader in Belarus, deferred its plans to list its stocks in London on Tuesday, accusing the current market conditions.

* GLENCORE: Glancore subsidiary Katanga Mining has halted cobalt exports from its Kamoto project in the Democratic Republic of Congo and is building an uranium removal facility, he said on Tuesday.

* GOLD: Gold has been a week low for trade higher on Wednesday, as investors sought coverage for market volatility and uncertainty that caused the fall of US election results in the mid-term.

OIL: Oil prices have died on Wednesday, as rising output and US sanctions allowing the largest Iranian buyers to keep their raw materials boosted prospects for a well-stocked market.

* Blue chip index in the United States halted 0.9 percent, while pound was strengthened due to renewed optimism over the Brexit agreement, while investors removed the risk from the table as Americans went to mid-term elections.

* More about the factors affecting European stocks, please click: cpurl: //apps.cp./cms/? PageId = livemarkets


> Financial Times

> Other business titles (Reporting Tanishaa Nadkar and Siju Varghese in Bengaluru)

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