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UK Stocks-Factors to watch on Oct 17

Published 17/10/2019, 06:18
© Reuters.  UK Stocks-Factors to watch on Oct 17
UK100
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BHPB
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SMWH
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ULVR
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RTO
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RNK
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MCG
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MONY
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DOM
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FTMC
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LDG
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Oct 17 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up 2

points to 7,170 on Thursday, according to financial bookmakers.

*BRITISH CORPORATE SPENDING: British companies cut spending on marketing for

the first time in seven years during the third quarter, as a rocky Brexit pushed

businesses to keep a tight lid on costs, a survey showed. *SAJID JAVID: British finance minister Sajid Javid will promise on Thursday

to launch "a decade of renewal" for the country's economy as he prepares to

increase public investment after years of tight control on government

spending. *BANK OF ENGLAND: The Bank of England would probably cut a capital buffer it

sets for banks to zero to stimulate lending in the event of a fresh downturn in

the economy, and government fiscal policy could also play a role, BoE Governor

Mark Carney said. *EDDIE STOBART: Eddie Stobart ESLE.L said on Wednesday DBAY Advisors, its

second-largest shareholder, was granted more time to make a firm takeover offer

for the haulage company, but former group boss Andrew Tinkler had abandoned any

buyout interest. *OIL: Oil prices eased on Thursday after industry data showed a

larger-than-expected build-up in stocks in the United States, although losses

were limited by comments by U.S. Treasury Secretary Steven Mnuchin on a

U.S.-China trade deal. *GOLD: Gold prices eased on Thursday and held below the $1,490 an ounce

level, as traders refrained from making any big bets in the absence of fresh

developments on the Sino-U.S. trade war front and Brexit

negotiations. * EX-DIVS: Bae Systems, Smiths Group will trade without entitlement to its

latest dividend pay-out on Thursday, trimming 1.7 points off the FTSE 100

according to Reuters calculations. * Britain's mid-cap stocks index FTSE 250 .FTMC cut its losses from the

morning on Wednesday and was last down marginally. UK CORPORATE DIARY:

Bhp Group PLC BHPB.L Q1 2020 Operational

Review

Moneysupermarket.Com Group MONY.L Q3 2019 Trading

Statement Release

Rentokil Initial PLC RTO.L Q3 2019 Trading

Statement Release

Unilever PLC ULVR.L Q3 2019 Trading

Statement Release

WH Smith PLC SMWH.L Full Year 2019

Earnings Release

Domino's Pizza Group DOM.L Q3 2019 Trading

Statement Release

National Express Group NEX.L Q3 2019 Trading

Statement Release

Rank Group RNK.L HY Results

* 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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