UPDATE 1-UK Stocks-Factors to watch on Oct. 13

Published 13/10/2020, 07:40
Updated 13/10/2020, 07:42
© Reuters.

(Adds company news items, futures)
Oct 13 (Reuters) - Britain's FTSE 100 .FTSE index is seen
opening 19 points higher at 6,020 on Tuesday, according to
financial bookmakers, with futures up 0.34% ahead of cash market
open.
* British clothing retailer French Connection Group Plc
FCCN.L said sales had halved on the back of the coronavirus
crisis in the first half of the year, more than tripling its
underlying loss compared to the same period a year earlier.

* British utility SSE SSE.L agreed to sell its 50% stake
in West Yorkshire-based Ferrybridge and Skelton Grange assets
for 995 million pounds in cash, as part of its strategy to
dispose of non-core assets by autumn 2021. * ROUND HILL MUSIC: Round Hill Music, a
Guernsey-incorporated royalty fund, is planning a $375 million
listing on the London Stock Exchange, the company said.
* GOLD: Gold prices fell with a slight rebound in dollar,
while investors clung to hopes of a U.S. stimulus package being
eventually released. * OIL: Oil prices were steady in early trade, sitting on
losses of nearly 3% from the previous session after supplies
began to resume in Norway and the U.S. Gulf of Mexico and Libya
resumed production at its largest oilfield. * The UK blue-chip index .FTSE closed 0.3% lower on Monday
in a choppy trading session as a dip in oil prices hit energy
stocks and as Prime Minister Boris Johnson laid out fresh
restrictions to contain the growing coronavirus crisis.
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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