UK Stocks-Factors to watch on July 29

Reuters
Jul 29
UPDATE 1-UK Stocks-Factors to watch on July 29

Adds company news, updates futures

July 29 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Tuesday, with futures FFIc1 up 0.3%.

* ASTRAZENECA: AstraZeneca AZN.L beat second-quarter earnings expectations, helped by strong sales of key cancer, heart and kidney disease drugs, but maintained its full-year forecast.

* BARCLAYS: Barclays BARC.L first-half profit rose by a better-than-expected 23%, with its markets business reaping bumper returns from the frenzied trading activity sparked by U.S. President Donald Trump's trade tariffs.

* ENTAIN: Entain ENT.L said that BetMGM, its U.S. joint venture with MGM Resorts MGM.N, has raised its full-year 2025 revenue and core earnings forecast.

* GREGGS: Greggs GRG.L reported a 14% fall in first half profit, reflecting a previously flagged slowdown in sales growth in June which it blamed on very warm weather.

* GAMES WORKSHOP: Games Workshop GAW.L reported a nearly 30% jump in annual pre-tax profit, boosted by sales of its flagship Warhammer 40,000: Space Marine 2 game.

* INCHCAPE: Inchcape INCH.L reported a 4% drop in first-half adjusted pre-tax profit at constant currency, but limited impact from U.S. President Donald Trump's tariffs enabled the British car distributor to retain its annual earnings forecast.

* OFWAT: British water regulator Ofwat proposed a 62.8 million pound ($83.9 million) enforcement package on water utility Anglian Water, to be paid by the company and its shareholders, over failures to maintain its wastewater treatment network.

* WISE: Shareholders of British fintech Wise Plc WISEa.L on Monday approved plans to shift the company's primary stock market listing to the U.S. from the London Stock Exchange.

* COMMODITIES: Oil prices slipped, gold prices were little changed, and copper prices slipped on both London and Shanghai exchanges on Tuesday.

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

TODAY'S UK PAPERS> Financial Times PRESS/FT> Other business headlines PRESS/GB

(Compiled by Nithyashree R B in Bengaluru)

((NithyashreeRB@thomsonreuters.com;))

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