UK Stocks-Factors to watch on Sept 5

  • Reuters
  • Stock Market News
UK Stocks-Factors to watch on Sept 5
Credit: © Reuters.

Sept 5 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 15 points lower at 7,443 on Wednesday, according to financial bookmakers.

* BHP: Global miner BHP BLT.L has agreed a $35.2 million deal for a 6.1 percent stake in SolGold PLC SOLG.L , giving it a share in the promising Cascabel copper-gold project in Ecuador after missing out in an earlier attempt. WILLIAM HILL: Betting company William Hill Plc's WMH.L U.S. gambling unit is forming a joint venture with U.S casino operator Eldorado Resorts Inc ERI.O as the British company plans to further expand into the U.S. sports gambling market, Sky News reported on Tuesday. INDEPENDENT NEWS & MEDIA: Ireland's High Court on Tuesday approved an application by the state's corporate watchdog to appoint inspectors to investigate potentially unlawful conduct at Independent News & Media (INM) INME.I , the country's largest newspaper group. GOLD: Gold edged up on Wednesday, after slipping to a more than one-week low in the previous session, as the dollar eased despite concerns of an escalation in the trade conflict between the United States and China. OIL: Oil prices fell on Wednesday, partly reversing a strong jump from the previous day, as the impact of a tropical storm on U.S. Gulf coast production was not as strong as initially expected. The UK blue chip FTSE 100 .FTSE index closed down 0.62 percent at 7,457.86 points on Tuesday, amid growing trade war fears and as a drop among mining stocks and a fall in WPP (LON: WPP ) shares weighed. For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets


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