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LONDON MARKET PRE-OPEN: NatWest sets buyback; IAG trims interim loss Fri, 30th Jul 2021 07:59 (Alliance News) - Stock prices in London are seen opening lower on Friday, pulling back from strong gains on Thursday and potentially giving up all weekly progress, though the latest slate of UK corporate earnings saw improved fortunes for lender NatWest, as it joined peer Barclays in announcing a stock buyback plan. IG futures indicate the FTSE 100 index is to open 53.5 points, 0.8%, lower at 7,024.92. The blue-chip index closed up 0.9%, or 61.79 points at 7,078.42 on Thursday. For the week, the large-cap index has so far gained 0.7%. NatWest posted a swing to first half profit, helped by an impairment release. IAG trimmed its first half loss despite revenue in the six months to June falling. The British Airways parent said second quarter revenue jumped by more than three-quarters, however.

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