UK Stocks-Factors to watch on Oct 10
10/10/2024 05:53
Oct 10 - Britain's FTSE 100 .FTSE index is seen
opening higher, with futures FFIc1 up 0.29%.
* GSK: GSK GSK.L has agreed to pay up to $2.2 billion to
settle most lawsuits in U.S. state courts claiming that a
discontinued version of the heartburn drug Zantac caused cancer,
the company announced on Wednesday.
* METALS: Copper prices rose in London on Thursday,
rebounding from a two-week low hit in the previous session, as
traders and investors awaited a China briefing later this week
for more stimulus cues.
* OIL: Oil prices rose in early Asian trade on Thursday on
concerns about potential supply disruptions in the Middle East,
with Israel planning to strike oil-producer Iran, and on spikes
in fuel demand as a major storm barreled into Florida.
* GOLD: Gold prices nudged higher on Thursday, while traders
await a key U.S. inflation data due later in the day to gauge
the Federal Reserve's future monetary policy stance.
* EX-DIVS: Tesco TSCO.L , WPP WPP.L , Taylor Wimpey
TW.L , Kingfisher KGF.L will trade without entitlement to its
latest dividend pay-out on Thursday.
* British equities mostly rebounded on Wednesday, with the
biggest boost from the real estate sector, while homebuilders
extended declines from the previous session after brokerages cut
Vistry's target price.
* UK CORPORATE DIARY:
N Brown BWNG.L HY Results
* 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 Yamini Kalia in Bengaluru)
((Yamini.Kalia@thomsonreuters.com;))