London pre-open: Stocks to gain as oil slumps on US-Iran deal hopes

Contributing sentiments towards policy:

56% : Senior said group revenues rose 7% on a constant‑currency basis to £390.8m, while adjusted pre-tax profits increased 38% to £34.8m and adjusted operating profits increased to £39.1m, helping lift operating margins to 10%, up 170bps.
54% : The firm, which plays an intermediary role in the movement of the majority of commodities, reported an underlying pre-tax profit of £61.5m over the six months to 30 June, up from £39.4m the year before, as revenues surged to £413.5m from £297.8m. Engineering and manufacturing firm Senior said it had delivered a "strong" performance in the six months ended 30 June, with pre-tax profits sharply higher year-on-year as both its aerospace and flexonics divisions outperformed expectations.

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