UK Stocks-Factors to watch on Oct 17

Zegona Communications

17/10/2024 06:01

Oct 17 (Reuters) - Britain's FTSE 100  .FTSE  index is
seen opening higher on Thursday, with futures  FFIc1  up 0.17%.
    
    * ZEGONA COMMUNICATIONS: Zegona Communications  ZEG.L  is
considering terminating a long-term contract with telecom
network provider Vantage Towers over prices charged by the
Germany-based company, Bloomberg News reported on Wednesday.  
    * OIL: Oil prices edged higher on Thursday from two-week
lows, with investors eyeing developments in the Middle East and
more details on China's stimulus plans, as well as awaiting the
release of official U.S. oil inventory data.
    * GOLD: Gold rose on Thursday to hover below record levels,
underpinned by uncertainty surrounding the U.S. elections and
expectations of more rate cuts by major central banks, while
investors looked forward to a slew of U.S. data for further
direction.
    * EX-DIVS: Smiths Group  SMIN.L , Persimmon  PSN.L , Howden
Joinery  HWDN.L  and Spirax  SPX.L  will trade without
entitlement to its latest dividend pay-out on Thursday.
    * The UK's main stock indexes jumped on Wednesday after a
key inflation reading showed British inflation fell more than
expected, boosting the case for a rate cut by the Bank of
England.
    
    * UK CORPORATE DIARY:   
 St. James’s Place    SJP.L      Q3 trading update
 Centamin             CEY.L      Q3 trading update
 Entain               ENT.L      Q3 trading update
 Man Group            EMG.L      Q3 trading update
 Rentokil Initial     RTO.L      Q3 trading update
 AJ Bell              AJBA.L     FY results
 Rathbones            RAT.L      Q3 trading update
 Mondi                MNDI.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 

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