UPDATE 1-UK Stocks-Factors to watch on July 5

martes 5 de julio de 2016 02:33 GYT
 

(Adds futures, company news items)

July 5 (Reuters) - Britain's FTSE 100 index is seen opening 0.1 percent lower on Tuesday, according to financial bookmakers, with futures up 0.09 percent ahead of the cash market open.

* The UK blue chip index, which rose in the past four sessions, closed 0.8 percent lower on Monday at 6,522.26, retreating from a 10-month high as weaker property and house building stocks weighed on the market and halted its rebound from a slump caused by the United Kingdom's decision to leave the European Union.

* PERSIMMON: Housebuilder Persimmon Plc said it was too early to judge the impact of UK's decision to exit the EU on the housing market, after revenue and volumes grew in the first six months of the year despite uncertainty in the run-up to the referendum.

* RIO TINTO: Rio Tinto has shelved its $20 billion Simandou iron ore project in Guinea because of a sustained slump in prices, the company's new Chief Executive Jean-Sebastien Jacques said in an interview with The Times newspaper.

* SHELL: Anglo-Dutch oil major Royal Dutch Shell will start dismantling its nearly 40-year-old Brent Delta platform in the North Sea in 2017, a senior manager said, delaying the process by around one year.

* STANDARD LIFE: Standard Life Investments, the fund arm of insurer Standard Life, suspended all trading in its UK real estate fund from 1100 GMT on July 4, it said on Monday.

* BREXIT: Former London Mayor and leading Brexit campaigner Boris Johnson on Monday gave his backing to junior minister Andrea Leadsom to be the next leader of the Conservative Party and British prime minister.   Continuación...