0807 gmt  the ftse 100 index drops 02 or 18 points to 7515 as losses for industrial and businessservice stocks outweigh gains for bt oil and mining shares bt rises 25 after the telecom said the uk government had decided against taking any further action over shareholder altice europes increase in its stake in bt to 18 from 121 shell and bp rise more than 1 and miners also gain as brent crude advances 11 to 9758 a barrel and preciousmetal and copper prices increase still the biggest losers include safetyproduct maker halma steamsystem manufacturer spiraxsarco engineering industrial conglomerate smiths group chemical company croda international testingandinspection group intertek and supportservice suppliers bunzl and rentokil initial philipwallerwsjcom fusion antibodies plc said tuesday that its pretax loss widened slightly in fiscal 2022 on increased cost of sales and administrative expenses though revenue rose 15 alba mineral resources plc shares rose early tuesday after it said that it has agreed to buy the entire remaining stake in the clogau gold project in bontddu wales cyanconnode holdings plc said tuesday that its fiscal 2022 pretax loss narrowed as revenue rose 49 on the back of major contracts in india being rolled out throughout the year and that it expects momentum in the markets where it operates to continue growing amte power plc said tuesday that it is performing in line with its expectations and it is close to commercial volume production for its highvalue cells norman broadbent plc said tuesday that chief financial officer steve smith has resigned from his role to pursue other business opportunities rm plc said tuesday that it swung to a pretax loss due to lower operating profit margins and higher expensed investment program costs despite an increase in revenue saga continues to strengthen senior management team with three new hires saga plc said tuesday that it has made three senior leadership appointments as part of its growth strategy john wood group plc said tuesday that pretax loss widened for the first half of 2022 as revenue fell and missed guidance mulberry group plc said tuesday that nonexecutive chairman godfrey davis is to step down from the board on sept 30 and will be replaced by andrew christopher roberts effective from the same date 0900 gmt  wood group shares fall 4 after the engineering company reported lower firsthalf revenue and adjusted earnings though it forecast a better second half in theory wood with its energyservice focus should benefit from buoyant prices but that doesnt appear to be the case with revenue and profit dipping in its first half aj bell investment director russ mould writes the companys pivot away from large projects is partly to blame and investment in the energy sector is yet to really pick up despite the significant cash windfall many companies have been enjoying the danger for wood is that a weaker economic outlook puts businesses off sanctioning major developments philipwallerwsjcom 0855 gmt  external factors could make the planning of the timing of the uks 150 2053dated green gilt syndication less straightforward in september but the week starting sept 19 could be a compromise according to marketmakers the debt management office says after mondays consultation between marketmakers and investors some marketmakers suggested that the market might prefer some early clarification and that planning for the week commencing 19 september could possibly permit a move to the following week should circumstances warrant it the dmo said a degree of uncertainty was also noted about the potential timing among investors the dmo said the uk debuted on the green bond market with a gbp10 billion july 2033dated inaugural bond in september 2021 emesebarthawsjcom weak uk pmi survey could hit pound even further versus dollar 0821 gmt  a weak uk provisional purchasing managers survey for august would likely cause further falls for the pound which earlier dropped to a twoyear low of 11717 versus the dollar analysts at unicredit research say in a note weak pmi surveys in the uk can only add pressure on the gbp now that the 118 threshold against the usd has been broken unicredit says pointing to prevailing uk recession fears the uks composite pmi is forecast at 510 in august versus 528 in july according to the consensus in a wsj poll gbpusd last trades at 11766 the uk pmi survey is due at 0830 gmt jessicafleethamwsjcom 0816 gmt  chaarat gold has reported positive metallurgical results from kyzyltash its 54 million ounce gold project in kyrgyzstan finncap says the projects scale means it is potentially a 250000300000 gold ounce operation with a possible mine life of more than 15 years large enough to underpin a midcap gold company or be part of a majors portfolio finncap analyst charlie long says in a note the aimlisted mining company received similarly strong results from albion and pressureoxidation technologies when leaching flotation concentrate though these are early results and biooxidation may become the preferred option the uk investment bank says chaarat is a corporate client of finncap which retains its 570 pence price target on the stock josephhoppewsjcom