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UPDATE 1-UK Stocks-Factors to watch on Oct. 22

Published 10/22/2019, 02:52 PM
Updated 10/22/2019, 02:56 PM
UPDATE 1-UK Stocks-Factors to watch on Oct. 22
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(Adds company news items and futures.)
Oct 22 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 5 points
higher at 7,168 on Tuesday, according to financial bookmakers, with futures down
0.03% ahead of cash markets open.
* WHITBREAD: Hotel chain owner Whitbread Plc WTB.L reported a lower
first-half pretax profit on Tuesday, as the uncertainty surrounding Brexit kept
companies from spending on business travel in the United Kingdom. * RECKITT BENCKISER: British household goods maker Reckitt Benckiser RB.L
has cut its full-year sales forecast for the second time this year, blaming a
drop in retail orders for Mucinex in the United States and a drop in demand for
its Enfamil baby products in China. * PENDRAGON: Car dealer Pendragon PDG.L reported a fall in third-quarter
revenue on Tuesday and said it expects weak consumer confidence in Britain to
continue as the nation figures out how and when it will leave the European
Union. * ANGLO AMERICAN: Miner Anglo American AAL.L said on Tuesday it was on
track to meet annual output targets after production rose 4% in the third
quarter, driven by a ramp up at its Minas-Rio mine in Brazil and rise in coking
coal production. * TRAVIS PERKINS: Travis Perkins Plc TPK.L , Britain's largest distributor
of building materials, on Tuesday halted plans to sell its plumbing and heating
division, citing "unprecedented level" of market uncertainty. * GOLD: Gold was largely muted on Tuesday, weighed down by buoyant Asian
shares that cheered progress in trade talks between the United States and China,
but found support from a lack of clarity in the negotiation details.
* OIL: Oil prices were little changed on Tuesday as lingering worries over a
global economic slowdown that could hurt oil demand offset some signs of
progress in U.S.-China trade talks. * The UK blue chip index closed 0.2% higher on Monday. * 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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