UK Stocks-Factors to watch on July 9

  • Reuters
  • Stock Market News
UK Stocks-Factors to watch on July 9
Credit: © Reuters.

July 9 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 46 points higher at 6,202 on Thursday, according to financial bookmakers.

* RIO TINTO: Aboriginal and human rights groups called for miner Rio Tinto (LON: RIO ) Ltd RIO.AX to be stripped of its status as a human rights leader. RIO TINTO: Rio Tinto RIO.AX said it will close its aluminium smelter operation in New Zealand due to high costs and a challenging market. BHP: BHP Group BHP.AX said its Escondida copper mine in Chile had offered some workers the option for early retirement amid the coronavirus pandemic. AMRYT PHARMA: Amryt Pharma AMYT.L , AMYT.O , a rare disease specialist listed on London's AIM and Dublin's ESM markets, debuted on Nasdaq on Wednesday. BOOHOO: Two-thirds of analysts covering fashion retailer Boohoo BOOH.L retained a "buy" recommendation on the company's stock despite a 45% drop in less than a week. PROPERTY FUNDS: Funds that offer daily redemptions to investors may have to restructure to better reflect the time it takes to sell illiquid assets like property. FINANCE: Britain will suspend purchase taxes for homes costing up to 500,000 pounds until the end of March next year. OIL: Oil prices drifted lower as concerns about renewed COVID-19 lockdowns in the United States outweighed signs of a recovery in U.S. gasoline demand The UK blue-chip index .FTSE slipped 0.6% on Wednesday, as another jump in global COVID-19 cases overshadowed hopes of an economic rebound


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