UK Stocks-Factors to watch on Oct 15 (updated)
15/10/2024 07:44
(Adds new items, updates futures)
Oct 15 - Britain's FTSE 100 .FTSE index is seen
opening higher on Tuesday, with futures FFIc1 up 0.3%.
* DE LA RUE: British banknote printer De La Rue DLAR.L
said it would sell its authentication business for 300 million
pounds ($391.56 million), including debt, to industrial
technology firm Crane NXT CXT.N .
* BELLWAY: UK homebuilder Bellway BWY.L said that it
expects to construct more homes in the 2025 financial year than
in the previous fiscal, buoyed by hopes of further reductions in
borrowing costs.
* ROBERT WALTERS: British recruiter Robert Walters RWA.L
reported a 12% drop in its third-quarter net fee income, pulled
down by lacklustre hiring in Europe and the UK amid
macroeconomic and political uncertainties.
* APPLIED NUTRITION: Applied Nutrition IPO-APPL.L , a
British sports supplements manufacturer, forecast to raise about
340 million pounds to 400 million pounds in its London initial
public offering.
* HSBC: HSBC Holdings Plc HSBA.L is reviewing expenses and
operational controls at its China digital wealth business
Pinnacle, in a move that could result in layoffs and mark an
abrupt reversal of the lender's ambition for the unit, several
sources said.
* REGULATORY OVERHAUL: British Prime Minister Keir Starmer
promised on Monday to scrap regulation that holds back economic
growth as he secured commitments for more than 60 billion pounds
($78 billion) of investment from some of the world's biggest
businesses.
* OIL: Oil prices slid 3% in early Asian trade after a media
report said Israel is willing not to strike Iranian oil targets,
which eased fears of a supply disruption.
* GOLD: Gold was flat on Tuesday.
* 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
($1 = 0.7662 pounds)
(Reporting by Yamini Kalia and DhanushVignesh Babu in
Bengaluru)
((Yamini.Kalia@thomsonreuters.com;))