UK Stocks-Factors to watch on Oct 1

Banyan Gold

01/10/2021 06:23

Oct 1 (Reuters) - Britain's FTSE 100  .FTSE  index is seen
opening 10 points lower on Friday, according to financial
bookmakers.
    
    * DIAGEO: British beverage company Diageo  DGE.L  said it
will invest $500 mln to increase its tequila production capacity
in Mexico.  urn:newsml:reuters.com:*:nL4N2QW53L
    * CANCER DRUG: Germany's Merck KGaA  MRCG.DE  and Britain's
GlaxoSmithKline  GSK.L  ended their collaboration on cancer
treatment bintrafusp alfa, once seen as one of Merck's most
promising experimental drugs.  urn:newsml:reuters.com:*:nL8N2QW5FL
    * SAGE: British software company Sage  SGE.L  said it will
cut more than 800 jobs across the world as it trims its business
to focus more on investments in cloud-based subscription
products.  urn:newsml:reuters.com:*:nL4N2QW44Z
    * COAST CAPITAL: Activist investor Coast Capital said it was
planning to vote against U.S. private equity firm Vista Equity
Partners' 1.1 bln pounds bid for software developer Blue Prism
Group  PRSMB.L .  urn:newsml:reuters.com:*:nL4N2QW4C5
    * GAS STATIONS: More than two thousand British gas stations
were still dry due a shortage of truck drivers which was
starting to disrupt deliveries to pharmacies.  urn:newsml:reuters.com:*:nL8N2QW1IT
    * GOLD: Gold prices eased on Friday after rallying to a
one-week high above the key $1,750 level in the previous
session, as the dollar rebounded and made the metal expensive
for holders of other currencies.  urn:newsml:reuters.com:*:nL4N2QX0E4
    * OIL: Oil prices dropped on Friday on the prospect that the
OPEC+ supplier alliance might step up a planned increase in
output to ease supply concerns, with soaring gas prices spurring
power producers to switch from gas to oil.  urn:newsml:reuters.com:*:nL1N2QX064
    * London's FTSE 100 fell on Thursday, coming under pressure
from a stronger pound, while fashion retailer Boohoo slumped to
a 14-month low after it warned higher inflation would hurt
margins.  urn:newsml:reuters.com:*:nL4N2QW28Y
    
    * UK CORPORATE DIARY:
 J D Wetherspoon    JDW.L      FY results
 Foxtons            FOX.L      Trading update
   
    * For more on the factors affecting European stocks, please
click on:  LIVE/     
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 (Reporting By Geetha Panchaksharam)
 ((geetha.panchaksharam@thomsonreuters.com))