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UK Stocks-Factors to watch on Oct 18
Published at 18/10/2019 at 06:02

Oct 18 (Reuters) - Britain's FTSE 100 index is seen opening down 9 points to 7,173 on Friday, according to financial bookmakers.

* EUROFX: Liquidator Grant Thornton is seeking litigation funding to step up its hunt for 500 million pounds ($632.30 million) invested in UK company Euro Forex, which Chinese police have said was a pyramid scheme.

* BARCLAYS: A former top Barclays executive, on trial in London on fraud charges, would have risked a 50 million pound ($64 million) "good leaver" package if he had sought a criminal deal with Qatar during the credit crisis, a court heard on Thursday.

* BREXIT: European Union leaders unanimously backed a new Brexit deal with Britain on Thursday, leaving Prime Minister Boris Johnson facing a battle to secure the UK parliament's backing for the agreement if he is to take Britain out of Europe on Oct. 31.

* OIL: Oil prices fell on Friday after China, the world's largest oil importer, recorded its weakest quarter of economic growth in nearly three decades, dragged down by a trade dispute with the United States.

* GOLD: Gold prices held above $1,490 on Friday as disappointing data from China reinforced concerns that its trade spat with the United States had begun taking a toll on global economies, while the Brexit deal waits for parliamentary backing.

* The UK's FTSE mid-cap stocks index was well off its day's high and was last trading up 0.3% on Thursday. The blue-chip exporter-heavy FTSE 100

index rose 0.5% on sterling's reversal.


Dechra Pharmaceuticals PLC Trading Statement


London Stock Exchange Q3 2019 Trading

Group PLC Statement Release

InterContinental Hotels Q3 Trading Statement

Group PLC Release

* For more on the factors affecting European stocks, please click on:


> Financial Times

> Other business headlines

(Reporting by Aniruddha Ghosh in Bengaluru)