Reuters | Jul 30, 2020 08:17
July 30 (Reuters) - Britain's FTSE 100 index is seen opening 15 points higher at 6,147 on Thursday, according to financial bookmakers.
STANDARD CHARTERED: Standard Chartered PLC (LON:STAN) posted a 33% fall in its first-half profit, as the bank boosted its credit impairment charges by six-fold as a result of the COVID-19 pandemic and economic downturn.
FINANCE: More small British companies that were in financial difficulty before the COVID-19 pandemic will be able to access government-backed loans following a relaxation of European Union state aid rules.
AUTOMOBILE: British car production fell by more than an annual 40% in the first half of the year to the lowest level since 1954.
GOLD: Gold eased after the U.S. Federal Reserve's vow to support the coronavirus-ravaged economy buoyed risk sentiment.
The UK blue-chip index FTSE 100 ended flat on Wednesday as investors held out for more stimulus from the U.S. Congress and the Federal Reserve, while GlaxoSmithKline (LON:GSK), Barclays (LON:BARC) and Taylor Wimpey (LON:TW) slid on weak quarterly earnings.
UK CORPORATE DIARY:
Shell (RDSb.L) Q2 Results
Man Group (EMG.L) HY Earnings Releases
RSA Insurance Group (RSA.L) HY Earnings Releases
Rentokil Initial (RTO.L) HY Earnings Releases
Inchcape (INCH.L) HY Earnings Releases
Greencoat UK Wind (UKWG.L) HY Earnings Releases
Standard Chartered (STAN.L) HY Earnings Releases
AstraZeneca (AZN.L) Q2 Earnings Releases
BAE Systems (BAES.L) HY Earnings Releases
Anglo American (AAL.L) HY Earnings Releases
Compass Group (CPG.L) Q3 Trading Statement
Lloyds Banking Group (LLOY.L) HY Earnings Releases
3i Group (III.L) Q1 Trading Statement
Kaz Minerals (KAZ.L) Q2 Production Report
EVRAZ (EVRE.L) Q2 Trading Update
Indivior (INDV.L) HY Earnings Releases
Written By: Reuters
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.
Get free real time quotes, charts and alerts on stocks, indices, currencies, commodities and bonds. Get free top of the line technical analysis/predictors.
More content, faster quotes and charts, and a smoother experience is available only on the App.