July 29, 2020 / 5:36 AM / 6 days ago

UK Stocks-Factors to watch on July 29

Britain's FTSE 100 index is seen opening 11 points lower at 6,118 on
Wednesday, according to financial bookmakers.

    * GSK: Sanofi and GSK said they had reached an agreement
with Britain to supply it with up to 60 million doses of a potential COVID-19
    * RETAIL: British retailers discounted their goods less in July than the
month before, after consumer demand picked up in many sectors as coronavirus
lockdown restrictions eased, data from the British Retail Consortium showed.

    * OFGEM: Britain's energy market regulator Ofgem proposed measures on
Wednesday to tackle what it called unscrupulous energy brokers so small
businesses could get fairer energy deals.
    * GOVERNMENT FUND: Britain has announced a 500 million-pound ($647 million)
fund to help television and film companies restart productions after companies
complained they were unable to get insurance because of the coronavirus
    * OIL: Oil prices rose after an industry report showed that crude
inventories in the United States fell against expectations, giving the market a
boost amid record increases of coronavirus infections in the U.S. and elsewhere.

    * The UK blue-chip index closed up 0.4% on Tuesday, as investors
hedged with defensive stocks ahead of some keenly awaited events such as a U.S.
Federal Reserve meeting and a decision on a U.S. stimulus plan.
    * UK CORPORATE DIARY:       
 Taylor Wimpey                       HY Earnings Releases
 Unite Group                         HY Earnings Releases
 Dignity                             HY Earnings Releases
 Jupiter Fund Management             HY Earnings Releases
 Barclays                            HY Earnings Releases
 Smith & Nephew                      HY Earnings Releases
 Next PLC                            Q2 Trading Statement
 Tullow Oil                          HY Trading Statement
 Lancashire Holdings Ltd             Q2 Earnings Releases
 AVEVA Group                         Q1 Trading Statement
 Drax Group                          HY Earnings Releases
 Weir Group                          HY Earnings Releases
 Rio Tinto                           HY Earnings Releases
 Premier Foods                       Q1 Trading Statement
 GlaxoSmithKline                     Q2 Earnings Releases
    * For more on the factors affecting European stocks, please click on:
    > Financial Times                     
    > Other business headlines            

 (Reporting by Tapanjana Rudra)
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