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UPDATE 1-UK Stocks-Factors to watch on Oct 15

Published 15/10/2019, 07:50
© Reuters.  UPDATE 1-UK Stocks-Factors to watch on Oct 15
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(Adds company news items and futures)

Oct 15 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up 7

points at 7,220 on Tuesday, according to financial bookmakers with futures 0.31%

higher ahead of cash markets open.

*NATIONAL GRID: British energy market regulator Ofgem said it would grant

National Grid Plc NG.L 637 million pounds ($803.38 million) to build the

transmission link for the Hinkley Point C nuclear plant, lower than the

company's initial request for 717 million pounds. *SCHRODERS: British money manager SDR.L said on Tuesday that assets under

management at the end of September were 450.8 billion pounds ($569.23 billion),

up from 407.2 billion pounds at the start of the year. *HELIOS TOWERS: African mobile networks operator Helios Towers has priced

its initial public offering at 115 pence per share, giving it a market

capitalisation of 1.15 billion pounds ($1.45 billion). *RENISHAW: The British engineering group RSW.L said on Tuesday its

first-quarter profit plummeted 85%, dented by a slump in demand for its

precision measurement equipment and ongoing global trade disputes. *MARSTON'S: British pub operator MARS.L said on Tuesday it expects

full-year pretax profit to be lower, hurt by lower food sales at its

'Destination' and 'Premium' pubs and higher labour costs. *NEIL WOODFORD: Embattled money manager Neil Woodford's suspended LF

Woodford Equity Income Fund is to be wound up, the fund's administrator Link

Fund Solutions (LFS) said on Tuesday. *HAYS: The recruiter HAYS.L reported no growth in its first-quarter net

fees on Tuesday, hurt by a slowdown in Germany's manufacturing sector and as

Brexit uncertainty dented hiring in the United Kingdom. *BELLWAY: The British housebuilder BWY.L reported higher annual pretax

profit on Tuesday, buttressed by strong demand for its affordable homes, the

government's help-to-buy scheme and low interest rates in a tough real estate

market. *INDIVIOR: Indivior PLC INDV.L on Tuesday raised its full-year revenue

forecast, banking on the strength of its opioid-addiction treatment

Suboxone. *GOLD: Gold prices held steady below the $1,500 per ounce level on Tuesday

as markets braced for talks between Britain and the European Union that will

determine how smooth Britain's departure will be from the trading

bloc. *OIL: Oil prices dropped again on Tuesday after falling heavily in the

previous session, as weak Chinese economic data for September added to lingering

concerns about the feasibility of the U.S.-China trade deal announced by

President Trump late last week. * The UK blue-chip index .FTSE closed down 0.5% as London-listed companies

with exposure to the domestic economy retreated on Monday as last week's

euphoric optimism gave way to doubts over whether a timely Brexit deal could be

clinched, while cybersecurity firm Sophos surged 36% after a buyout

offer. 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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