UK Stocks-Factors to watch on Aug. 30



Aug 30 - Britain's FTSE 100 .FTSE index is seen opening lower, with futures down 0.21% on Tuesday.

* BUNZL: British business supplies distributor Bunzl Plc BNZL.L raised its 2022 group operating margin outlook after it reported a more than 12% rise in half-year adjusted profit.

* BP: BP Plc BP.L may begin restarting its 435,000 barrel-per-day (bpd) Whiting, Indiana, refinery this week after restoring electrical and cooling water systems knocked out by a Wednesday fire, sources familiar with plant operations said on Monday.

* ASTRAZENECA: Japan's health ministry said on Monday that its panel of experts had agreed to approve manufacturing and sales of AstraZeneca's AZN.L COVID-19 preventive treatment Evusheld.

*OIL: Oil prices dipped paring some gains from the previous session, as the market feared that more aggressive interest rates hikes from central banks may lead to a global economic slowdown and soften fuel demand.

*GOLD: Gold slipped on Tuesday as the dollar strengthened, while prospects of elevated U.S. interest rates for a longer period also weighed on the non-yielding bullion's appeal.

*METALS: Industrial metals prices fell on Tuesday, after rising coronavirus cases in China sparked fresh demand concerns just as the global economic growth outlook worsened on looming U.S. interest rate hikes.

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

TODAY'S UK PAPERS

> Financial Times

> Other business headlines


Reporting by Sinchita Mitra and Prerna Bedi in Bengaluru

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