Join +750K new investors every month who copy stock picks from billionaire's portfoliosSign Up Free

UK Stocks-Factors to watch on Oct. 20

Published 20/10/2016, 04:26 pm
© Reuters.  UK Stocks-Factors to watch on Oct. 20
UK100
-
HSBA
-
RIO
-
CPI
-
LSEG
-
BAES
-
RR
-
SMIN
-
SGRO
-
IPF
-
MS
-
RIO
-
LCO
-
CL
-
INTUP
-

Oct 20 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening flat in percentage terms on Thursday, according to financial bookmakers.

* The UK blue chip index ended 0.3 percent higher at 7,021.92 points on Wednesday, with energy stocks tracking a sharp rally in crude oil prices and banks gaining momentum after U.S. bank Morgan Stanley (NYSE:MS) MS.N reported better-than-expected profits. RIO TINTO: Global miner Rio Tinto RIO.L RIO.AX on Thursday cut its 2016 guidance for iron ore shipments by as much as 5 million tonnes after releasing lower third-quarter production data, citing shipping interruptions. BREXIT: Germany's pharmaceutical and transport industries - including the aerospace and rail construction businesses - are likely to suffer most from Britain leaving the European Union, a study showed on Thursday. BREXIT: Finance minister Philip Hammond sought to reassure Britain's powerful banking sector that he would protect its access to skilled labour and the European Union's single market once the country leaves the bloc. BREXIT: Prime Minister Theresa May will tell European Union leaders on Thursday it is time to start talking about future EU ties with Britain and put paid to suggestions her government might reconsider Brexit. BANK OF ENGLAND: The Bank of England's 435 billion-pound ($534 billion)government bond-buying programme is likely to bring about a 300 billion-pound increase in overall spending in Britain, equivalent to three times annual public health spending, the BoE's chief economist said on Wednesday. BREXIT: The Scottish government believes that contributing to the EU budget might be a price worth paying for keeping Scotland in Europe's single market if the broader British state leaves as part of its Brexit deal. BANKS: British banks are calling for the government to phase out an extra tax on profits at a time of significant upheaval following Britain's vote to leave the European Union and its potential hit to London's financial dominance. SCOTLAND: Scottish First Minister Nicola Sturgeon publishes a draft bill for a second independence referendum on Thursday as she ramps up the pressure on the British government to make sure Scotland's voice is heard in Brexit talks. EX-DIVS: BAE Systems BAES.L , Capita CPI.L , HSBC Holdings HSBA.L , INTU INTUP.L , Smiths Group SMIN.L and Rolls-Royce RR.L will trade without entitlement to their latest dividend pay-out on Thursday, trimming 8.76 points off the FTSE 100 according to Reuters calculations OIL: Oil prices dipped on Thursday on profit taking after markets rallied the previous day due to a draw in U.S. stocks and an expectation of an OPEC-led cut in production. International Brent crude futures LCOc1 were trading at $52.52 per barrel, down 15 cents at 0503 GMT. For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets

* UK CORPORATE DIARY: SEGRO Plc

SGRO.L

Q3 2016 Trading

Statement London Stock Exchange

LSE.L

Q3 2016 Interim Group Plc

Management Statement International Personal

IPF.L

Q3 2016 Trading Update Finance Plc

TODAY'S UK PAPERS

> Financial Times

PRESS/FT

> Other business headlines

PRESS/GB Multimedia versions of Reuters Top News are now available for:

* 3000 Xtra

: visit http://topnews.session.rservices.com

* For Top News : http://topnews.reuters.com

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.