Get 40% Off
🤯 Perficient is up a mind-blowing 53%. Our ProPicks AI saw the buying opportunity in March.Read full update

UPDATE 1-UK Stocks-Factors to watch on Oct 24

Published 24/10/2017, 05:59 pm
© Reuters.  UPDATE 1-UK Stocks-Factors to watch on Oct 24

(Adds futures, company news items)

Oct 24 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 11 points lower at 7,513.3 on Tuesday, according to Financial spreadbetters, with futures FFIc1 down 0.2 percent ahead of the cash market open.

* ANGLO AMERICAN: Anglo American AAL.L on Tuesday reported a 6 percent rise in total output for the third quarter but said it had cut its platinum production to remove "unprofitable ounces". ST. JAMES'S PLACE: British wealth manager St. James's Place SJP.L posted a 3.2 percent rise in funds under management in the three months to the end of September, boosted by inflows into its pension products. SAGA: Saga Plc SAGAG.L , a provider of travel and insurance services for people of 50 and above, said Chairman Andrew Goodsell intends to retire in 2018, after 26 years with the company. CARPETRIGHT: Britain's largest floor coverings retailer Carpetright CPRC.L said on Tuesday trading conditions in its markets had been volatile in the first half and profit for the period would be below that of the current year. CARILLION: Carillion CLLN.L , the debt-laden construction and services group that has issued two profit warnings this year, said it had agreed new credit facilities and deferrals on some debt repayments. WHITBREAD: Whitbread Plc WTB.L , Britain's biggest hotel and coffee shop operator, said first-half pretax profit rose 6.7 percent as it added more Premier Inn rooms and opened more Costa coffee outlets. RBS: Britain's financial watchdog is considering further action against Royal Bank of Scotland (RBS) RBS.L for its treatment of struggling companies during and after the financial crisis. BARCLAYS: Hedge fund Red Kite has filed a lawsuit against Barclays Plc BARC.L , alleging the bank manipulated the copper market to its advantage, causing the hedge fund to lose $850 million. LLOYS: Lloyds Banking Group LLOY.L opened a 500 million pound ($658 million) fund to help British businesses finance equipment on Tuesday, targeting small and medium-sized companies which banks froze out of credit following the financial crisis. RIO TINTO: A U.S. law firm has filed a class action suit against mining giant Rio Tinto RIO.AX , RIO.L , which is facing U.S. Securities and Exchange Commission (SEC) fraud charges stemming from an ill-fated investment in Mozambique coal mining. Copper: Three-month copper on the London Metal Exchange CMCU3 was steady at $7,098.50 a tonne by 0245 GMT, maintaining gains from the previous session. Declines among British banks and Mediclinic MDCM.L shares kept gains in check on the UK's main share index .FTSE on Monday, though engineering group GKN GKN.L was a bright spot. The FTSE 100 closed flat at 7,524.45 points, while the FTSE 250 .FTMC index of mid-range stocks, which hit a record high last week, retreated 0.1 percent. For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

TODAY'S UK PAPERS

> Financial Times

PRESS/FT

> Other business headlines

PRESS/GB Multimedia versions of Reuters Top News are now available for:

* 3000 Xtra

: visit http://topnews.session.rservices.com

* For Top News : http://topnews.reuters.com

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.