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UK Stocks-Factors to watch on Oct 19

Published 10/19/2020, 01:09 PM
Updated 10/19/2020, 01:10 PM
© Reuters.
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Oct 19 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 14
points lower at 5,906 on Monday, according to financial bookmakers.

* G4S: British security company G4S GFS.L on Sunday recommended its
investors reject the hostile takeover offer sent to shareholders by Canadian
rival GardaWorld the previous day. * Boohoo Group Plc BOOH.L said on Friday a process has begun to appoint a
new auditor at the British fashion retailer.
* RSA: British insurance group RSA's RSA.L chairman Martin Scicluna is
expected to step down next year, Sky News reported on Sunday, citing sources.
* GOLD: A firmer dollar held back gold near the $1,900 per ounce
psychological level on Monday even as U.S. House Speaker Nancy Pelosi raised
hopes for a coronavirus relief package before the presidential election.
* OIL: Oil prices fell on Monday after reports that China's third-quarter
economic growth did not rise as much as expected, underscoring concerns that
surging coronavirus cases globally are impacting demand in the world's largest
oil importer. * The UK blue-chip index .FTSE closed 1.5% higher on Friday after an
upbeat coronavirus vaccine update from Pfizer and signs that Brexit talks might
continue until the year end for a possible trade deal with the European Union.
* For more on the factors affecting European stocks, please click on:
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TODAY'S UK PAPERS
> Financial Times PRESS/FT
> Other business headlines PRESS/GB

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