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UPDATE 1-UK Stocks-Factors to watch on Oct 15

Published 10/15/2019, 02:50 PM
Updated 10/15/2019, 03:00 PM
UPDATE 1-UK Stocks-Factors to watch on Oct 15
UK100
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BWY
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NG
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SDR
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HAYS
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RSW
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MARS
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INDV
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(Adds company news items and futures)
Oct 15 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up 7
points at 7,220 on Tuesday, according to financial bookmakers with futures 0.31%
higher ahead of cash markets open.

*NATIONAL GRID: British energy market regulator Ofgem said it would grant
National Grid Plc NG.L 637 million pounds ($803.38 million) to build the
transmission link for the Hinkley Point C nuclear plant, lower than the
company's initial request for 717 million pounds. *SCHRODERS: British money manager SDR.L said on Tuesday that assets under
management at the end of September were 450.8 billion pounds ($569.23 billion),
up from 407.2 billion pounds at the start of the year. *HELIOS TOWERS: African mobile networks operator Helios Towers has priced
its initial public offering at 115 pence per share, giving it a market
capitalisation of 1.15 billion pounds ($1.45 billion). *RENISHAW: The British engineering group RSW.L said on Tuesday its
first-quarter profit plummeted 85%, dented by a slump in demand for its
precision measurement equipment and ongoing global trade disputes. *MARSTON'S: British pub operator MARS.L said on Tuesday it expects
full-year pretax profit to be lower, hurt by lower food sales at its
'Destination' and 'Premium' pubs and higher labour costs. *NEIL WOODFORD: Embattled money manager Neil Woodford's suspended LF
Woodford Equity Income Fund is to be wound up, the fund's administrator Link
Fund Solutions (LFS) said on Tuesday. *HAYS: The recruiter HAYS.L reported no growth in its first-quarter net
fees on Tuesday, hurt by a slowdown in Germany's manufacturing sector and as
Brexit uncertainty dented hiring in the United Kingdom. *BELLWAY: The British housebuilder BWY.L reported higher annual pretax
profit on Tuesday, buttressed by strong demand for its affordable homes, the
government's help-to-buy scheme and low interest rates in a tough real estate
market. *INDIVIOR: Indivior PLC INDV.L on Tuesday raised its full-year revenue
forecast, banking on the strength of its opioid-addiction treatment
Suboxone. *GOLD: Gold prices held steady below the $1,500 per ounce level on Tuesday
as markets braced for talks between Britain and the European Union that will
determine how smooth Britain's departure will be from the trading
bloc. *OIL: Oil prices dropped again on Tuesday after falling heavily in the
previous session, as weak Chinese economic data for September added to lingering
concerns about the feasibility of the U.S.-China trade deal announced by
President Trump late last week. * The UK blue-chip index .FTSE closed down 0.5% as London-listed companies
with exposure to the domestic economy retreated on Monday as last week's
euphoric optimism gave way to doubts over whether a timely Brexit deal could be
clinched, while cybersecurity firm Sophos surged 36% after a buyout
offer. 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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