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UK Stocks-Factors to watch on Oct 16

Published 16/10/2020, 06:11
© Reuters.
UK100
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SHEL
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CPI
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Oct 16 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 29
points higher at 5,862 on Friday, according to financial bookmakers.

* RIO TINTO: Rio Tinto RIO.AX RIO.L warned on Friday that a resurgence
in coronavirus cases was putting global economic growth at risk, and that steel
production outside China has sharply dropped even as stimulus measures prop up
demand in the top consumer. * TRANSPORT FOR LONDON: The British government is offering Transport for
London a further 1 billion pounds bailout with demands that the transport
operator raise fares and curb the remaining free travel entitlements for
children and pensioners, a source familiar with the matter said on Thursday.
* SHELL: Shell Canada RDSa.L has abandoned plans for the possible sale of
its Sarnia Manufacturing Centre, it said on Thursday, confirming an earlier
media report. * CAPITA: British outsourcing group Capita Plc CPI.L received
lower-than-expected final offers for its Education Software Solutions unit,
Bloomberg News reported on Thursday, citing people with knowledge of the matter.
* The UK blue-chip index .FTSE closed 1.7% lower, a near-two week low on
Thursday as concerns over new coronavirus restrictions and Brexit-related
uncertainty prompted investors to book profits after a rally earlier in the
month. UK CORPORATE DIARY:
Man Group Plc EMG.L Q3 trading statement
J D Wetherspoon JDW.L FY results
Jupiter Fund Management Plc JUP.L Q3 trading statement


* For more on the factors affecting European stocks, please click on:
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> Other business headlines PRESS/GB

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