Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

UK Stocks-Factors to watch on Oct. 20

Published 20/10/2017, 04:43 pm
Updated 20/10/2017, 04:50 pm
© Reuters.  UK Stocks-Factors to watch on Oct. 20

Oct 20 (Reuters) - Britain's FTSE 100 .FTSE index is expected to open 30 points higher at 7,553 points on Friday.

* GLENCORE: Ukraine's anti-monopoly committee has allowed commodities trader Glencore GLEN.L to own a stake in a major Ukrainian alumina refinery controlled by Russia's Rusal 0486.HK , the committee said in a statement on Wednesday. BHP: The new chairman of BHP BLT.L , BHP.AX , the world's biggest miner, threw his weight behind his CEO on Thursday after attacks from activist investor Elliott Advisors prompted speculation that the end of Andrew Mackenzie's tenure was imminent. BOE: Bank of England Deputy Governor Jon Cunliffe said on Thursday he did not see signs of sustained upward inflation pressure, and described the timing of possible future interest rate increases as an "open question". GOLD: Gold prices turned lower on Friday as the dollar regained ground after the U.S. Senate approved a budget blueprint for the 2018 fiscal year that will pave the way for Republicans to pursue a tax-cut package without Democratic support. Spot gold XAU= had declined by 0.4 percent to $1,284.60 an ounce by 0355 GMT. It was down 1.6 percent for the week. COPPER: Three-month copper on the London Metal Exchange CMCU3 was modestly firmer at $6,980 a tonne by 0152 GMT, mostly erasing losses from the previous session. Britain's main share index .FTSE fell 0.3 percent on Thursday as a weak third-quarter update from Unilever (LON:ULVR) weighed, while mid- and small-cap trading was marred by profit warnings from IWG and Interserve which slashed their market value by a third. Disappointing retail sales figures sent sterling to a one-week low before recovering, helping the internationally-exposed FTSE reduce earlier losses slightly. For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets

* UK CORPORATE DIARY: Oncimmune Holdings PLC

ONCON.L Full Year 2017 Earnings Dechra Pharmaceuticals PLC

DPH.L

Interim Management Statement InterContinental Hotels Group PLC IHG.L

Q3 2017 Trading Statement Acacia Mining PLC

ACAA.L

Q3 2017 Earnings Release

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.