UK Stocks-Factors to watch on Oct. 20 (updated)

Greatview Aseptic Packaging Co

20/10/2017 07:56

(Adds futures, company news items) 
    Oct 20 (Reuters) - Britain's FTSE 100  .FTSE  index is 
expected to open 30 points higher at 7,553 on Friday, with 
futures  FFIc1  up 0.43 percent ahead of the cash market open. 
         
    * ACACIA: Gold miner Acacia Mining  ACAA.L  said on Friday 
it had cut spending by 33 percent in the third quarter of the 
year compared with a year ago as it adapted to the ban on its 
gold and copper exports in Tanzania.  urn:newsml:reuters.com:*:nL8N1MU7JT  
    * SMITHS GROUP: Engineering company Smiths Group  SMIN.L  
said on Friday it had agreed a deal to insure 207 million pounds 
($271.38 million) of its pension scheme with Canada Life. 
 urn:newsml:reuters.com:*:nL8N1MV12J 
    * IHG: InterContinental Hotels Group (IHG)  IHG.L  reported 
a slowdown in revenues in its Americas business on Friday, due 
to the affects of Hurricanes Harvey and Irma on the regional 
business.  urn:newsml:reuters.com:*:nL4N1MV29O 
    * GLENCORE: Ukraine's anti-monopoly committee has allowed 
commodities trader Glencore  GLEN.L  to own a stake in a major 
Ukrainian alumina refinery controlled by Russia's Rusal 
 0486.HK , the committee said in a statement on Wednesday. 
 urn:newsml:reuters.com:*:nS8N1GS02D 
    * BHP: The new chairman of BHP  BLT.L ,  BHP.AX , the 
world's biggest miner, threw his weight behind his CEO on 
Thursday after attacks from activist investor Elliott Advisors 
prompted speculation that the end of Andrew Mackenzie's tenure 
was imminent.  urn:newsml:reuters.com:*:nL8N1MU5HX 
    * BOE: Bank of England Deputy Governor Jon Cunliffe said on 
Thursday he did not see signs of sustained upward inflation 
pressure, and described the timing of possible future interest 
rate increases as an "open question".  urn:newsml:reuters.com:*:nL9N1M1000 
    * GOLD: Gold prices turned lower on Friday as the dollar 
regained ground after the U.S. Senate approved a budget 
blueprint for the 2018 fiscal year that will pave the way for 
Republicans to pursue a tax-cut package without Democratic 
support. Spot gold  XAU=  had declined by 0.4 percent to 
$1,284.60 an ounce by 0355 GMT. It was down 1.6 percent for the 
week.  urn:newsml:reuters.com:*:nL4N1MV184 
    * COPPER: Three-month copper on the London Metal Exchange 
 CMCU3  was modestly firmer at $6,980 a tonne by 0152 GMT, 
mostly erasing losses from the previous session.  urn:newsml:reuters.com:*:nL4N1MV17H 
    
    * Britain's main share index  .FTSE  fell 0.3 percent on 
Thursday as a weak third-quarter update from Unilever weighed, 
while mid- and small-cap trading was marred by profit warnings 
from IWG and Interserve which slashed their market value by a 
third. Disappointing retail sales figures sent sterling to a 
one-week low before recovering, helping the 
internationally-exposed FTSE reduce earlier losses slightly. 
 urn:newsml:reuters.com:*:nL8N1MU5TV 
    * For more on the factors affecting European stocks, please 
click on: cpurl://apps.cp./cms/?pageId=livemarkets 
                 
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 (Reporting by Sanjeeban Sarkar in Bengaluru) 
 ((Sanjeeban.Sarkar@thomsonreuters.com; UK: +44 20 7542 1810; 
Outside UK: +91 80 6749 1136; Reuters Messaging: 
Sanjeeban.Sarkar.thomsonreuters.com@reuters.net)) 
 
Keywords: BRITAIN STOCKS/FACTORS