UK Stocks-Factors to watch on Oct 18 (updated)
18/10/2024 07:42
(Adds new items, updates futures)
Oct 18 (Reuters) - Britain's FTSE 100 .FTSE index is
seen opening lower on Friday, with futures FFIc1 down 0.6%.
* EVOKE: British betting and gaming firm Evoke EVOK.L
reported a 3% growth in third-quarter group revenue, helped by
market share gains in its key international markets, and
reaffirmed its expectations for the next fiscal year.
BOOHOO: British online fashion retailer BOOH.L said its
CEO John Lyttle would step down as the group announced a review
of strategic options for its various divisions to maximise
shareholder value.
* RETAIL SALES: British retail sales unexpectedly rose by
0.3% in September, figures from the Office for National
Statistics showed, boosted by the launch of the latest iPhone
and other technology products.
* BRITISH AMERICAN TOBACCO: British American Tobacco
BATS.L will launch a version of its Velo nicotine pouches
using synthetic nicotine in the United States, David Waterfield,
president of the company's U.S. subsidiary Reynolds American,
said on Wednesday.
* BP: BP BP.L is considering selling a minority stake in
its offshore wind business, according to four sources with
knowledge of the matter, the latest effort by CEO Murray
Auchincloss to scale back the energy company's focus on
renewables.
* OIL: Crude oil futures steadied after strong U.S. retail
sales data, but Chinese economic indicators remained mixed, and
prices were headed for their biggest weekly loss in more than a
month on concerns about demand.
* GOLD: Gold breached the $2,700-per-ounce level for the
first time ever, as U.S. election jitters and simmering Middle
East tensions boosted safe-haven demand, while a looser monetary
policy environment also added fuel to the rally.
* METALS: Copper prices rose on Friday.
* For more on the factors affecting European stocks, please
click on: LIVE/
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(Reporting by Yamini Kalia and DhanushVignesh Babu in
Bengaluru)
((Yamini.Kalia@thomsonreuters.com;))