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UK Stocks-Factors to watch on Oct 28

Published 28/10/2020, 06:15
Updated 28/10/2020, 06:18
© Reuters.

© Reuters.

Oct 28 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 27
points lower at 5,702 on Wednesday, according to financial bookmakers.

* ASTON MARTIN: Daimler DAIGn.DE unit Mercedes-Benz is to lift its stake
in Britain's Aston Martin AML.L to up to 20% by 2023, making it one of the
struggling British carmaker's largest shareholders, Aston said. * UNILEVER: Unilever 's UNA.AS ULVR.L boards have decided to proceed with
the consumer goods giant's plans to unify its Anglo-Dutch corporate structure
into a single entity based in London. * X5: Russia's largest food retailer X5 PJPq.L is putting its digital
businesses at the heart of a new strategy as it expects the online retail market
to grow by over 300% in the next three years, spurred on by the impact of the
pandemic. * GOLD: Gold prices were little changed, staying above the $1,900-mark, as
uncertainties about U.S. elections and surging global COVID-19 cases countered
pressure from a firmer dollar and fading hopes of an immediate U.S. stimulus
package. * OIL: Oil prices slid about 2% giving up most of the previous day's gains,
as a surge in U.S. crude stocks and growing coronavirus infections in the United
States and Europe fanned fears of a supply glut in oil and weaker fuel
demand. * The UK blue-chip index .FTSE closed 1.1% lower on Tuesday as worries
about fresh COVID-19 curbs across parts of England offset the impact of progress
in Brexit talks and of positive results from Europe's biggest bank
HSBC. UK CORPORATE DIARY:
Next Plc NXT.L Q3 trading statement
Elementis Plc ELM.L Q3 trading statement
GlaxoSmithKline Plc GSK.L Q3 earnings
Santandar UK Plc SANS_pa.L Q3 earnings

* 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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