Latest News

UK News

Click Here to read UK News

Forex News

Click Here to read Forex News

Market News

Click Here to read Market News

Irish News
UK News
UPDATE 1-UK Stocks-Factors to watch on Oct. 18
Published at 18/10/2019 at 07:45

(Adds company news items and futures)

Oct 18 (Reuters) - Britain's FTSE 100 index is seen opening down nine points to 7,173 on Friday, according to financial bookmakers, with futures down 0.55% ahead of cash markets open.

* WINCANTON/EDDIE STOBART: Wincanton Plc said on Friday it was mulling a possible offer for Eddie Stobart Logistics Plc and said it was performing due diligence on the company and its assets.

* LSE: London Stock Exchange Group reported higher-than-expected third-quarter income on Friday, driven by higher clearing activity.

* INTERCONTINENTAL HOTELS GROUP: InterContinental Hotels Group reported a 0.8% decline in revenue per room for the third quarter on Friday, as the Holiday Inn-owner was hurt by protests in Hong Kong and tougher trading conditions in the United States and China.

* 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.

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


> Financial Times

> Other business headlines

(Reporting by Aniruddha Ghosh in Bengaluru)