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UPDATE 2-UK Stocks-Factors to watch on Oct 8

Published 08/10/2019, 07:47
© Reuters.  UPDATE 2-UK Stocks-Factors to watch on Oct 8
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(Adds company news item)
Oct 8 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up 17
points at 7,214 on Tuesday, according to financial bookmakers, with futures up
0.35% ahead of cash market open.

* LSE: Hong Kong Exchanges and Clearing 0388.HK (HKEX) has scrapped its
unsolicited $39 billion approach for London Stock Exchange Group LSE.L after
failing to convince LSE management to back a move that would have transformed
both financial services giants. * EASYJET: British budget airline EZJ.L on Tuesday said that full-year
profit would come in at the upper end of expectations, with revenues boosted by
pilot strikes at rivals British Airways ICAG.L and Ryanair
RYA.I . * PAGEGROUP: The British recruiter PAGE.L warned on Tuesday its annual
operating profit will be lower than previously forecasted, hit by Brexit, the
ongoing Hong Kong protests and signs that growth in continental Europe could be
slowing. * ROBERT WALTERS: The recruiting company RWA.L said on Tuesday its
third-quarter gross profit fell 11% in the United Kingdom, hurt by the lingering
impact of Brexit uncertainty and warned overall earnings would not grow this
year. * S4 CAPITAL: Martin Sorrell's advertising vehicle SFOR.L on Tuesday said
its digital content unit, MediaMonks, would merge with U.S.-based marketing
agency Firewood as the company pushes further into a lucrative digital
space. * GOLD: Gold prices slipped for a third straight session on Tuesday,
pressured by a stronger dollar and an uptick in equities ahead of upcoming
U.S.-China trade talks in Washington. * OIL: Oil prices rose on Tuesday, buoyed by overnight gains in industrial
commodities, while unrest in oil-producing countries Iraq and Ecuador raised
concerns of supply disruption, adding to support.
* The UK blue-chip index closed up 0.6% on Monday fuelled by hopes of an end
to the stand-off between the world's two largest economies, with U.S. President
Donald Trump saying his administration had a "very good chance" of making a
trade deal with China. * For more on the factors affecting European stocks, please click on:
LIVE/
TODAY'S UK PAPERS
> Financial Times PRESS/FT
> Other business headlines PRESS/GB

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