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KGF - Kingfisher News Story

210.9p 1.0  0.5%

Last Trade - 9:15am

Sector
Consumer Cyclicals
Size
Large Cap
Market Cap £4.43bn
Enterprise Value £6.83bn
Revenue £11.60bn
Position in Universe 186th / 1845

UPDATE 1-UK Stocks-Factors to watch on Oct. 9

Wed 9th October, 2019 7:45am
(Adds company news items and futures)
    Oct 9 (Reuters) - Britain's FTSE 100  .FTSE  index is seen opening up 23
points at 7,166 on Wednesday, according to financial bookmakers with futures up
0.02% ahead of cash markets open.
    *GVC: Ladbrokes-owner  GVC.L  on Wednesday raised its full-year core
earnings forecast for the second time, as betting shops proved resilient despite
tighter regulation and online gambling rose. urn:newsml:reuters.com:*:nL3N26U1S3
    *KINGFISHER: British home improvement group  KGF.L  has appointed Bernard
Bot as chief financial officer, it said on Wednesday. urn:newsml:reuters.com:*:nFWN26T0SX
    *VOLUTION: The ventilation products supplier  FAN.L  on Wednesday said it
has increased inventory of "some fast-moving" items as Britain approaches the
deadline for a potential no-deal exit from the European Union. urn:newsml:reuters.com:*:nL3N26U1WQ
    *OIL: Oil prices slipped for a third consecutive session on Wednesday as the
prospect of the United States and China striking a trade deal in talks this week
dimmed, raising uncertainties for global economic growth and oil
demand. urn:newsml:reuters.com:*:nL3N26U0R3   
    *GOLD: Gold prices held firm on Wednesday as sagging hopes for progress in
U.S.-China trade negotiations sapped risk appetite, with markets watching
closely for clues on monetary easing by the U.S. Federal Reserve. urn:newsml:reuters.com:*:nL3N26U1CI
    * The UK blue-chip index closed down 0.8% on Tuesday as domestic-focused
stocks from Tesco to housebuilders sank on worries over a no-deal Brexit, while
LSE fell after the Hong Kong bourse dropped its takeover bid.  urn:newsml:reuters.com:*:nL3N26T1XK   

    * 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 

 (Reporting by Aniruddha Ghosh in Bengaluru)
 ((Aniruddha.ghosh@thomsonreuters.com))
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