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UK Stocks-Factors to watch on Oct 18

Published 18/10/2019, 06:02
© Reuters.  UK Stocks-Factors to watch on Oct 18
UK100
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BARC
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Oct 18 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening down 9

points to 7,173 on Friday, according to financial bookmakers.

* EUROFX: Liquidator Grant Thornton is seeking litigation funding to step up

its hunt for 500 million pounds ($632.30 million) invested in UK company Euro

Forex, which Chinese police have said was a pyramid scheme. * BARCLAYS: A former top Barclays BARC.L executive, on trial in London on

fraud charges, would have risked a 50 million pound ($64 million) "good leaver"

package if he had sought a criminal deal with Qatar during the credit crisis, a

court heard on Thursday. * BREXIT: European Union leaders unanimously backed a new Brexit deal with

Britain on Thursday, leaving Prime Minister Boris Johnson facing a battle to

secure the UK parliament's backing for the agreement if he is to take Britain

out of Europe on Oct. 31. * OIL: Oil prices fell on Friday after China, the world's largest oil

importer, recorded its weakest quarter of economic growth in nearly three

decades, dragged down by a trade dispute with the United States. * GOLD: Gold prices held above $1,490 on Friday as disappointing data from

China reinforced concerns that its trade spat with the United States had begun

taking a toll on global economies, while the Brexit deal waits for parliamentary

backing. * The UK's FTSE mid-cap stocks index .FTMC was well off its day's high and

was last trading up 0.3% on Thursday. The blue-chip exporter-heavy FTSE 100

.FTSE index rose 0.5% on sterling's reversal. UK CORPORATE DIARY:

Dechra Pharmaceuticals PLC DPH.L Trading Statement

Release

London Stock Exchange LSE.L Q3 2019 Trading

Group PLC Statement Release

InterContinental Hotels IHG.L Q3 Trading Statement

Group PLC Release

* 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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