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UPDATE 1-UK Stocks-Factors to watch on Oct. 9

Published 09/10/2019, 07:45
Updated 09/10/2019, 07:50
© Reuters.  UPDATE 1-UK Stocks-Factors to watch on Oct. 9
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(Adds company news items and futures)

Oct 9 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up 23

points at 7,166 on Wednesday, according to financial bookmakers with futures up

0.02% ahead of cash markets open.

*GVC: Ladbrokes-owner GVC.L on Wednesday raised its full-year core

earnings forecast for the second time, as betting shops proved resilient despite

tighter regulation and online gambling rose. *KINGFISHER: British home improvement group KGF.L has appointed Bernard

Bot as chief financial officer, it said on Wednesday. *VOLUTION: The ventilation products supplier FAN.L on Wednesday said it

has increased inventory of "some fast-moving" items as Britain approaches the

deadline for a potential no-deal exit from the European Union. *OIL: Oil prices slipped for a third consecutive session on Wednesday as the

prospect of the United States and China striking a trade deal in talks this week

dimmed, raising uncertainties for global economic growth and oil

demand.

*GOLD: Gold prices held firm on Wednesday as sagging hopes for progress in

U.S.-China trade negotiations sapped risk appetite, with markets watching

closely for clues on monetary easing by the U.S. Federal Reserve. * The UK blue-chip index closed down 0.8% on Tuesday as domestic-focused

stocks from Tesco to housebuilders sank on worries over a no-deal Brexit, while

LSE fell after the Hong Kong bourse dropped its takeover bid.

* For more on the factors affecting European stocks, please click on:

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TODAY'S UK PAPERS

> Financial Times PRESS/FT

> Other business headlines PRESS/GB

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