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UK Stocks-Factors to watch on Oct. 7

Published 10/07/2019, 01:18 PM
Updated 10/07/2019, 01:20 PM
UK Stocks-Factors to watch on Oct. 7
UK100
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HSBA
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Oct 7 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening down 12
points at 7,143 on Monday, according to financial bookmakers.

*TESCO: John Kingman, who oversaw Britain's bailout of its banks in the
financial crisis and then led the body responsible for the shareholdings, is
being lined up as the chairman of the financial services arm of Tesco Plc
TSCO.L , Sky News reported on Saturday. *VODAFONE: Vodafone VOD.L is testing innovative open access radio
technology in Britain - a first for Europe - in a move that could break the grip
Huawei HWT.UL , Ericsson ERICb.ST and Nokia NOKIA.HE hold on the telco
equipment market. *HSBC: The bank HSBA.L is planning to cut up to 10,000 jobs as interim
Chief Executive Officer Noel Quinn seeks to reduce costs across the banking
group, the Financial Times reported on Sunday. *OIL: Oil prices fell on Monday, extending last week's heavy losses, with
traders fearing the global economic slowdown will weigh on future oil demand
growth while pegging hopes for a rebound on progress in talks this week on
ending the U.S.-China trade war.
*GOLD: Gold prices edged higher on Monday as investors were cautious ahead
of this week's Sino-U.S. trade talks following a report that Beijing would
likely disagree to a broad trade deal with the United States. *The UK blue-chip index rose 1.1% on Friday after encouraging U.S. job data
calmed investors' nerves but the bourse still posted its worst week since that
of Oct. 12 last year. UK CORPORATE DIARY:
Newmark Security PLC NWMS.L Full Year 2019 Earnings Release
Pacific Horizon Investment Trust PHI.L Full Year 2019 Earnings Release
PLC
ICG Enterprise Trust PLC ICGT.L Half Year 2020 Earnings Release
PCI- PAL PLC PCIPP.L Full Year 2019 Earnings Release
Physiomics PLC PYSM.L Full Year 2019 Earnings Release
Plutus Powergen PLC PPGL.L Full Year 2019 Earnings Release
Angling Direct PLC ANG.L Half Year 2019 Earnings Release
* 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

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