UPDATE 1-UK Stocks-Factors to watch on Oct 28

Published 28/10/2020, 08:56
Updated 28/10/2020, 09:00
© Reuters.

(Adds company news items, futures)
Oct 28 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 27
points lower at 5,702 on Wednesday, according to financial bookmakers, with
futures down 1.46% ahead of cash market open.

* LAND SECURITIES: British property developer Land Securities LAND.L said
it would appoint Vanessa Simms as its finance chief, replacing Martin Greenslade
who announced his intention to step down from the role last month. * NEXT: British fashion retailer Next NXT.L upgraded its full-year profit
guidance for the third time in as many months after full-price sales in its
third quarter exceeded its expectations. * ASTON MARTIN: British carmaker Aston Martin AML.L said on Wednesday all
the shares available in its 125-million-pound ($162.91 million) capital raise
have been placed or subscribed. * KAZ MINERALS: Kaz Minerals KAZ.L said it has agreed to be acquired by
Nova Resources in an all-cash deal that values the London-listed miner at 3
billion pounds ($3.91 billion). * 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. For more on the factors affecting European stocks, please click on:
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