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UK Stocks-Factors to watch on July 13
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UK Stocks-Factors to watch on July 13
Jul 12, 2026 10:04 PM

July 13 (Reuters) - Britain's FTSE 100 index is seen

opening lower on Monday, with futures down 0.2%.

* GLENCORE ( GLCNF ): Democratic Republic of Congo's tax authorities

sealed the offices of Glencore's ( GLCNF ) Kamoto Copper over a

dispute concerning alleged tax liabilities, Bloomberg News

reported.

* OIL: Oil prices surged over 4% as energy shipments via the

Strait of Hormuz remained under threat, with the U.S. and Iran

announcing renewed military strikes.

* METALS: Copper prices fell, as fighting escalated between the

U.S. and Iran, with Tehran saying it had closed the vital energy

corridor of the Strait of Hormuz once again.

* GOLD: Gold slid over 1% as fears of a closure of the Strait of

Hormuz drove oil prices sharply higher, reviving expectations of

elevated interest rates to combat inflationary pressures from

escalating hostilities in the Middle East.

* FTSE: London's FTSE 100 closed higher on Friday as

communications stocks took the lead, with Vodafone jumping after

French tycoon Xavier Niel became the company's biggest

shareholder, though the index suffered a weekly fall.

* UK CORPORATE DIARY:

Pagegroup ( MPGPF ) Q2 Trading Update

Oxford Nanopore ( ONTTF ) HY Trading Update

Grafton Group Trading Update

* For more on the factors affecting European stocks, please

click on:

TODAY'S UK PAPERS

> Financial Times

> Other business headlines

(Compiled by Neeshita Beura in Bengaluru)

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