UK Stocks-Factors to watch on Oct 9 (updated)

Marstons

09/10/2024 07:51

(Adds new items, updates futures)
       Oct 9 (Reuters) - Britain's FTSE 100  .FTSE  index is
seen opening higher, with futures  FFIc1  up 0.3%.
     
    * RIO TINTO: Rio Tinto  RIO.AX   RIO.L  said on Wednesday it
will acquire Arcadium Lithium  ALTM.N  in an all-cash
transaction, valued at $6.7 billion, in a deal that will make it
the world's third-largest lithium producer.
        * MONDI: British paper and packaging firm Mondi  MNDI.L 
has agreed to 
    buy
     the German, Benelux and UK packaging assets of Schumacher
Packaging for 634 million euros, including debt, to expand in
Western Europe, it said.
  
    * MARSTON'S: British pub group Marston's  MARS.L  forecast a
significant reduction in its net debt and said its annual
like-for-like sales growth outperformed the broader market,
driven by resilient demand for its drinks and pub grub.
        * CMC: British trading platform CMC Markets  CMCX.L 
forecast a 45% 
    rise
     in first-half net operating income on Wednesday, buoyed by
cost cuts and sustained levels of trading activity.
  
    * BP: Kosmos Energy  KOS.N  said on Tuesday a Paris-based
arbitrator has ruled in favour of BP  BP.L , prohibiting Kosmos
from selling to third parties liquefied natural gas from the
Greater Tortue (GTA) project offshore Senegal and Mauritania.
    * GOLD: Gold prices were subdued as investors strapped in
for minutes from the Federal Reserve's latest policy meeting for
insights into the U.S. central bank's interest rate trajectory. 
    * METALS: Copper prices in Shanghai extended declines to a
second straight session, as China's latest stimulus announcement
failed to soothe doubts over economic recovery in the top metals
consumer.
    * OIL: Oil prices steadied in Asian trading as traders
weighed developments in the Middle East conflict against
continued bearish expectations for demand.

        
  
    * For more on the factors affecting European stocks, please
click on:  LIVE/     
    TODAY'S UK PAPERS
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    > Other business headlines              PRESS/GB 

 (Reporting by Yamini Kalia and DhanushVignesh Babu in
Bengaluru)
 ((Yamini.Kalia@thomsonreuters.com;))