UK Stocks-Factors to watch on October 29
UK Stocks-Factors to watch on October 29 Oct 29 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up on Thursday, with futures FFIc1 up 0.3%.
* UK's ENERGY: EU energy ministers will meet on Thursday to discuss energy security ahead of the winter heating season as the wars in Iran, Ukraine and Yemen send oil and natural gas prices soaring.
* VEHICLE PRODUCTION: Britain's vehicle production rose sharply in September, industry data showed on Thursday, rebounding from a cyber-incident-hit comparison a year earlier.
* UK BUDGET: UK finance minister John Healey offered help on Wednesday to households buffeted by "global economic storms", easing the hit from rising energy bills and helping drivers with fuel costs in the first budget of Prime Minister Andy Burnham's government.
* HOMEBUILDERS: Shares in British homebuilders slumped on Wednesday after finance minister John Healey's much-awaited scheme for first-time homebuyers disappointed investors with limited funding, a later-than-expected rollout and higher fees than developers anticipated.
* ROLLS-ROYCE: Rolls-Royce RR.L has agreed a framework deal for £2.5 billion ($3.3 billion) in government support to develop a new engine for narrowbody jets, paving the way for the British company to return to the biggest segment of the civil aerospace market.
* COMMODITIES: Oil prices fell , Gold prices fell , Copper edged lower on Thursday
* EX-DIVS :Balfour Beatty BALF.L, JD Sports Fashion JD.L and Whitbread WTB.L will trade without entitlement to its latest dividend pay-out on Thursday
* FTSE 100: UK shares closed subdued on Wednesday, as gains in banks after a lower-than-feared levy in finance minister John Healey's first budget were countered by declines in Unilever and GSK after their results failed to impress investors.
* UK CORPORATE DIARY:
Shell | SHEL.L | Q3 results |
Lloyds | LLOY.L | Q3 interim mgmt statement |
Haleon | HLN.L | Q3 trading update |
Glencore | GLEN.L | Q3 production report |
St James's Place | SJP.L | Q3 results |
IMI | IMI.L | Q3 trading update |
WPP | WPP.L | Q3 trading update |
* 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
(Compiled by Tuhina in Bengaluru)