UK Stocks-Factors to watch on Oct 17 (updated)

Zegona Communications

17/10/2024 07:58

(Adds new items, updates futures)
       Oct 17 (Reuters) - Britain's FTSE 100  .FTSE  index is
seen opening higher on Thursday, with futures  FFIc1  up 0.1%.
    
    * ENTAIN: British gambling group Entain  ENT.L  raised its
2024 net gaming revenue outlook and said it now expects core
profit for the year to be towards the top end of the 1 billion
pound ($1.30 billion) to 1.1 billion pound range.
        * RENTOKIL: British pest control company Rentokil
Initial  RTO.L  said its profit and margins in 2025 will be hurt
by a delay of about two to three months in realising synergies
from its acquisition U.S. rival Terminix.
        * MONDI: British packaging company Mondi  MNDI.L  said
trading conditions remained muted in the third quarter, after it
reported a lower core profit compared with the previous
three-month period, partly hurt by more planned maintenance
shutdowns.
        * MAN GROUP: London-listed Man Group  EMG.L  reported an
8% rise in assets under management to $174.9 billion for the
year as of Sept. 30, during a quarter of heightened market
turmoil.
        * ST JAMES'S PLACE: British wealth manager St James's
Place  SJP.L  reported an increase in funds under management for
the third quarter, as client risk appetite remained strong
throughout the quarter.
        * N BROWN: N Brown Group  BWNG.L  said its
fourth-biggest shareholder Joshua Alliance will buy the British
online retailer for about 191 million pounds.
        * DELIVEROO: British meal delivery company Deliveroo
 ROO.L   said it was on track to meet its annual financial
targets after posting a 6% rise in sales by gross transaction
value (GTV) in its third quarter.
    * OIL: Oil prices edged higher on Thursday.
    * 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.

        
  
    * For more on the factors affecting European stocks, please
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    TODAY'S UK PAPERS
    > Financial Times                       PRESS/FT 
    > Other business headlines              PRESS/GB 

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