July 27, 2020 / 5:17 AM / 10 days ago

UK Stocks-Factors to watch on July 27

July 27 (Reuters) - Britain’s FTSE 100 index is seen opening 15 points higher at 6,139 on Monday, according to financial bookmakers.

* EI GROUP: Slug and Lettuce pub owner Stonegate sold 1.2 billion pounds of bonds on Friday to finance its acquisition of rival Ei Group, the company said on Friday.

* INDIVIOR: Indivior Plc has agreed to pay $600 million and have a subsidiary plead guilty to a felony charge to resolve U.S. allegations that it engaged in an illegal scheme to boost prescriptions of its opioid addiction treatment Suboxone.

* HSBC: HSBC on Saturday denied Chinese media reports that it had “framed” Huawei Technologies and played a role in the arrest of the chief financial officer of the world’s biggest telecoms equipment maker.

* ANTOFAGASTA: The union of workers at Antofagasta’s Zaldivar copper mine in northern Chile told Reuters it had reached a contract deal with the Chilean-based miner, averting the risk of a walk-off.

* EASYJET/BRITISH AIRWAYS: EasyJet and British Airways told customers on Saturday they did not plan to cancel flights over the coming days, after Britain’s government advised against all non-essential travel to mainland Spain due to COVID-19.

* GOLD: Gold prices jumped to record highs on Monday as an intensifying U.S.-China row hammered the dollar and cemented expectations that central banks would continue pumping out stimulus to ease the economic pain from a worsening coronavirus pandemic.

* OIL: Oil prices edged lower on Monday as rising coronavirus cases and tensions between the United States and China pushed investors toward safe-haven assets.

* The UK blue-chip index ended down 1.4% on Friday, as souring U.S.-China relations weighed and marked weekly losses as concerns over the coronavirus and uncertainty over a vaccine spurred a selling-out of equities.

* For more on the factors affecting European stocks, please click on:

TODAY’S UK PAPERS

> Financial Times

> Other business headlines (Reporting by Samantha Machado in Bengaluru)

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