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UPDATE 1-UK Stocks-Factors to watch on Oct. 5

Published 05/10/2020, 07:50
Updated 05/10/2020, 07:54
© Reuters.
UK100
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WEIR
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UK100
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CEY
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MUL
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CINE
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WIZZ
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(Adds company news items, futures)
Oct 5 - Britain's FTSE 100 .FTSE index is seen opening 38 points higher at
5,940 on Monday, according to financial bookmakers, with futures FFIc1 up
0.94% ahead of cash markets open.
* MULBERRY: British luxury brand Mulberry MUL.L reported a year to
end-March annual loss of 14.2 million pounds ($18.34 million) but said it had
traded ahead of its expectations as stores had reopened after the COVID-19
lockdown. * WEIR GROUP: Engineering company Weir Group Plc WEIR.L said it had agreed
to sell its oil and gas division to U.S. heavy equipment maker Caterpillar Inc
CAT.N for $405 million in cash. * CINEWORLD: Cineworld CINE.L said it would temporarily shut its movie
theatres in the United States and the UK, a move that would impact 45,000 jobs,
as it deals with a significant downturn in the industry brought on by the
coronavirus crisis. * WIZZ AIR: Hungarian budget airline Wizz Air WIZZ.L said passenger
numbers were down 59% in September compared to the same month last year as the
second surge of coronavirus infections across Europe holds back travel.
* The UK blue-chip index .FTSE closed up 0.4% on Friday, as markets
recovered from the initial shock of U.S. President Donald Trump testing COVID-19
positive, although Brexit concerns and a 22% plunge in miner Centamin CEY.L
capped gains for the more domestically-focussed index. 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


($1 = 0.7741 pounds)

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