UK Stocks-Factors to watch on July 15

  • Reuters
  • Stock Market News
UK Stocks-Factors to watch on July 15

July 15 (Reuters) - Britain's futures .FFIc1 is seen opening up 0.01% on Monday.

* INDIVIOR: A divided federal appeals court on Friday ruled against Indivior Plc INDV.L in its bid to stop Dr. Reddy's Laboratories Ltd REDN.NS , RDY.N and Alvogen from selling generic versions of its opioid addiction treatment Suboxone film that infringed its patents. KCOM: Macquarie unit MEIF 6 Fibre Ltd is to buy KCOM Group Plc KCOM.L in a deal that values the British telecoms company at 627 million pounds ($787.5 million), ending a bidding war with a UK pension fund. GLAXOSMITHKLINE: Glaxosmithkline Plc GSK.L is in talks to name HSBC's deputy chairman Jonathan Symonds as the next chairman of the British drugmaker, Bloomberg reported on Sunday, citing a person familiar with the matter. GOLD: Gold prices slipped on Monday, consolidating above $1,400 pivot, as key China data assuaged concerns about global economic slowdown and boosted appetite for riskier assets. OIL: Oil prices slipped on Monday after China posted its slowest quarterly economic growth in at least 27 years, reinforcing concerns about demand in the world's largest crude oil importer. The UK blue chip index closed 0.1% lower on Friday, led lower by losses in pharmaceuticals after the U.S. White House scrapped a rebate rule, while the midcap bourse jumped on prospects of lower interest rates. For more on the factors affecting European stocks, please click on: LIVE/

* UK CORPORATE DIARY: Polar Capital Technology Trust

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