Get 40% Off
🤯 This Tech Portfolio is up 29% YTD! Join Now to Get April’s Top PicksGet The Picks – Just 99 USD

UPDATE 1-UK Stocks-Factors to watch on Oct. 29

Published 10/29/2020, 03:41 PM
Updated 10/29/2020, 03:50 PM
© Reuters.

© Reuters.

(Adds company news items, futures)
Oct 29 - Britain's FTSE 100 .FTSE index is seen opening 8 points lower at
5,575 on Thursday, according to financial bookmakers, with futures up 0.06%
ahead of cash market open.

* ROYAL DUTCH SHELL: Royal Dutch Shell RDSa.L announced it will increase
its third-quarter dividend by 4% after reporting strong-than-expected profits in
the quarter. *SMITH+NEPHEW: Smith+Nephew SN.L said revenue recovered strongly in the
third quarter from the second, as hospitals managed to carry out more elective
surgeries after the initial wave of coronavirus infections. * WPP: The world's biggest advertising company WPP WPP.L said client wins
from Uber, Alibaba and HSBC had helped it to report an improvement in
third-quarter underlying trading. * LLOYDS: Lloyds Banking Group LLOY.L posted forecast-beating
third-quarter profit, lowering its provisions for expected bad loans due to the
pandemic and cashing in on a boom in demand for mortgages. * BT: BT BT.L , Britain's biggest fixed-line and mobile operator, said it
had delivered a strong operational performance in the first half given the
challenges of COVID-19 as it raised the lower limit of its earnings guidance for
the year. * GOLD: Gold edged up after a plunge in the previous session as surging
global coronavirus cases and fears of a contested U.S. presidential election
spurred demand, although a strong dollar capped gains. * OIL: Oil prices rose in early trading, regaining some of the ground lost
in a 5% slump overnight, amid the prospect of tighter short-term supply with
two-thirds of U.S. output shut in the Gulf of Mexico as Hurricane Zeta slammed
Louisiana. * The UK blue-chip index .FTSE closed 2.6% lower on Wednesday as investors
dumped riskier assets on fears of more lockdowns and uncertainty over a British
trade deal with the EU. 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

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.