UK Stocks-Factors to watch on Oct 14
14/10/2024 06:09
Oct 14 (Reuters) - Britain's FTSE 100 .FTSE index is
seen opening lower on Monday, with futures FFIc1 down 0.10%.
* TI FLUID SYSTEMS: TI Fluid Systems TIFS.L said on
Saturday it had received an increased offer of 200 pence per
share from Canada's ABC Technologies to acquire the British
automotive components supplier.
* BRITISH AIRWAYS: British Airways said on Friday it has
made additional changes to its schedule due to delays in the
delivery of engines and parts from Rolls-Royce RR.L ,
particularly the Trent 1000 engines fitted to its 787 aircraft.
* FRASERS/MULBERRY: British sportswear and apparel retailer
Frasers Group FRAS.L revised its takeover bid for Mulberry
MUL.L to 150 pence per share on Friday, valuing the company at
111 million pounds.
* GOLD: Gold prices eased on Monday, weighed down by a
firmer U.S. dollar, while investors looked out for fresh clues
on Federal Reserve interest rate cuts.
* OIL: Oil prices fell by more than $1 a barrel, losing over
1.5% in early trading on Monday, after disappointing Chinese
inflation data and a lack of clarity on Beijing's economic
stimulus plans stoked fears about demand.
* METALS: Nonferrous metals fell in London on Monday
following insufficient stimulus details from Beijing, with
downbeat Chinese economic data adding to the decline.
* London stocks rounded off last week on a dour note as
investors were disappointed after China failed to announce
specific measures to stimulate its economy, while losses in
Sainsbury's pulled the benchmark index lower.
* UK CORPORATE DIARY:
PageGroup PAGE.L Q3 trading note
Ashmore ASHM.L Q1 AUM update
* For more on the factors affecting European stocks, please
click on: LIVE/
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(Reporting by Yamini Kalia in Bengaluru)
((Yamini.Kalia@thomsonreuters.com;))