⏳ Final hours! Save up to 60% OFF InvestingProCLAIM SALE

UPDATE 1-UK Stocks-Factors to watch on Oct. 17

Published 17/10/2019, 07:35
© Reuters.  UPDATE 1-UK Stocks-Factors to watch on Oct. 17
UK100
-
NWG
-
AZN
-
SMWH
-
ULVR
-
DOM
-
FTMC
-
GFTU_u
-

(Adds company news items and futures)

Oct 17 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up 2

points to 7,170 on Thursday, according to financial bookmakers, with futures up

0.23% ahead of cash markets open.

* WH SMITH: WH Smith Plc SMWH.L on Thursday reported a 7% increase in

annual pretax profit and said it would buy Marshall Retail Group for about $400

million to expand internationally. * GRAFTON GROUP: The Building materials distributor GFTU_u.L warned on

Thursday that its annual profit would be below market expectations, due to weak

consumer demand in the UK and delays in new construction permits in

Netherlands. * UNILEVER: The Consumer goods giant ULVR.L , the maker of Knorr soups and

Dove soap, reported weaker-than-expected third quarter sales, blaming softer

demand in India and a slowdown in China, two of its biggest emerging

markets. * ASTRAZENECA: The Drugmaker AZN.L said on Thursday its experimental

breast cancer treatment will get a speedy review by the U.S. Food and Drug

Administration, with a decision by the health regulator expected in the second

quarter of next year. * DOMINO'S PIZZA: Britain's biggest pizza delivery company DOM.L , said on

Thursday it will exit its international markets, where it has been facing

mounting losses. * ROYAL BANK OF SCOTLAND: Royal Bank of Scotland RBS.L has increased its

Brexit support fund for small businesses by 2.2 billion pounds to 8.2 billion

pounds ($10.5 billion), after identifying several thousand customers who may be

impacted by Britain's departure. * OIL: Oil prices eased on Thursday after industry data showed a

larger-than-expected build-up in stocks in the United States, although losses

were limited by comments by U.S. Treasury Secretary Steven Mnuchin on a

U.S.-China trade deal. * GOLD: Gold prices eased on Thursday and held below the $1,490 an ounce

level, as traders refrained from making any big bets in the absence of fresh

developments on the Sino-U.S. trade war front and Brexit

negotiations. * EX-DIVS: Bae Systems, Smiths Group will trade without entitlement to its

latest dividend pay-out on Thursday, trimming 1.7 points off the FTSE 100

according to Reuters calculations. * Britain's mid-cap stocks index FTSE 250 .FTMC cut its losses from the

morning on Wednesday and was last down marginally. * 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

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2024 - Fusion Media Limited. All Rights Reserved.