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UK Stocks-Factors to watch on Aug. 5
Published at 05/08/2020 at 06:19

Aug 5 (Reuters) - Britain's FTSE 100 index is seen opening 2 points higher at 6,038 on Wednesday, according to financial bookmakers.

* AUTOMOBILE: British new car registrations rose by roughly 11% year-on-year in July, according to preliminary industry data for the first full month that showrooms were allowed to reopen across the United Kingdom as lockdown measures eased.

* NATIONAL GRID: Britain’s National Grid is planning a 10 million pound project in the north west of England to test how hydrogen could be used to heat homes and bring down greenhouse gas emissions from industry.

* STANDARD LIFE ABERDEEN: Keith Skeoch, the departing boss of Standard Life Aberdeen , will become acting chairman of Britain's accounting watchdog, Sky News reported.

* OIL: Oil prices fell for the first time in four days, pulling back from as much as five-month highs as mounting coronavirus cases worldwide and in the United States undercut market confidence in a pickup in fuel demand.

* GOLD: Safe-haven gold scaled an all-time peak, extending a record run above the $2,000 mark on a weaker dollar and bets for more stimulus measures to revive a pandemic-ravaged economy.

* The UK blue-chip index ended flat on Tuesday as mixed earnings and rising friction between the United States and China weighed.

* UK CORPORATE DIARY:

Coca Cola HBC HY Results

SEGRO PLC HY Results

IP Group PLC HY Results

Legal & General Group PLC HY Results

Pagegroup PLC HY Results

William Hill PLC HY Results

Hastings Group Holdings PLC Q2 ResultS

Metro Bank PLC HY Results

UDG Healthcare Q3 Trading update

Ferrexpo HY Results

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

TODAY'S UK PAPERS

> Financial Times

> Other business headlines

(Reporting by Tapanjana Rudra)

((Tapanjana.Rudra@thomsonreuters.com;))