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UK Stocks-Factors to watch on August 2
Published at 02/08/2021 at 06:10

Aug 2 (Reuters) - Britain's FTSE 100 index is seen opening higher on Monday, with futures up 0.4%.

* HSBC: HSBC Holdings reported forecast-beating first-half pretax profit that more than doubled from a weak performance last year when it made huge provisions for pandemic-related bad loans.

* MORRISONS: Private equity firm Clayton, Dubilier & Rice (CD&R) is poised to start a bidding war for British supermarket chain Morrisons, the target of a 6.3 billion-pound ($8.76 billion) offer from a group led by another U.S. buyout firm, Fortress, the Sunday Times reported.

* GOLD: Gold prices edged lower as the dollar held steady, with traders eyeing monthly U.S. jobs data to gauge the health of the labour market.

* OIL: Oil prices fell by more than $1 on worries over China's economy after a survey showed growth in factory activity slipped sharply in the world's second-largest oil consumer, with concerns compounded by a rise in oil output from OPEC producers.

* London's FTSE 100 ended lower on Friday, weighed down by miners over concerns that rising coronavirus infections globally could derail economic growth.

* UK CORPORATE DIARY:

Dialight Plc HY results

Senior Plc HY results

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

TODAY'S UK PAPERS

> Financial Times

> Other business headlines ($1 = 0.7196 pounds)

(Reporting by Shanima A in Bengaluru; Editing by Amy Caren Daniel)

((shanima.a@thomsonreuters.com; (Within UK +44 20 7542 1810; Outside UK+91 80 6182 2587; Direct: +91 77 6034 7399 );))