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UK Stocks-Factors to watch on Oct. 9

Published 10/09/2019, 01:32 AM
Updated 10/09/2019, 01:40 AM
© Reuters.  UK Stocks-Factors to watch on Oct. 9
UK100
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VOD
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GSK
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BT
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ESCT
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ENT
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PYSM
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FAN
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PPGL
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PRSR
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Oct 9 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up 23

points at 7,166 on Wednesday, according to financial bookmakers.

*BT: Milan prosecutors investigating an accounting scandal at the Italian

unit of British Telecom BT.L have asked for the unit and 23 defendants,

including three former top executives, to be sent to trial, three people with

knowledge of the case said on Tuesday. *VODAFONE: The world's second largest mobile operator VOD.L will shut 15%

of its 7,700 stores in Europe and upgrade some of the remaining outlets as

customers buy more online and change their expectations of in-store shopping,

chief executive Nick Read said on Tuesday. *GSK: GlaxoSmithKline GSK.L on Tuesday said it is recalling the popular

heartburn medicine Zantac in all markets as a "precaution", days after the U.S.

Food and Drug Administration found "unacceptable" levels of probable

cancer-causing impurity in the drug. *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. UK CORPORATE DIARY:

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Physiomics PLC PYSM.L Full Year 2019 Earnings Release

Plutus Powergen PPGL.L Full Year 2019 Earnings Release

Volution Group PLC FAN.L Full Year 2019 Earnings Release

PRS Reit PLC PRSR.L Full Year 2019 Earnings Release

TR European Growth TRG.L Full Year 2019 Earnings Release

Trust PLC

GVC Plc GVC.L Q3 Trading Update

* 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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