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UK Stocks-Factors to watch on Oct. 12

Published 10/12/2020, 01:27 PM
Updated 10/12/2020, 01:30 PM
© Reuters.
UK100
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MKS
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SHEL
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Oct 12 - Britain's FTSE 100 .FTSE index is seen opening 6
points higher at 6,022 on Monday, according to financial
bookmakers.
* SHELL: Royal Dutch Shell Plc RDSa.L on Saturday said its
mobile drilling units were returning to the Gulf of Mexico to
restart operations after Hurricane Delta. * ASTRAZENECA: The U.S. government has awarded $486 million
to AstraZeneca Plc AZN.L to develop and secure supplies of up
to 100,000 doses of COVID-19 antibody treatment, a similar class
of drug that was used in treating President Donald Trump.
* MARKS & SPENCER: British retailer Marks & Spencer MKS.L ,
seeking to avoid a repeat of last Christmas when its performance
was ruined by excessive food waste, is rolling out a supply
chain programme it says will crack the problem. * OIL: Oil prices dropped for a second straight session on
Monday as U.S. producers began restoring output after Hurricane
Delta weakened, while a strike that had affected production in
Norway came to an end. * GOLD: Gold fell back from a three-week high on Monday as
the dollar firmed, although hopes for a new U.S. coronavirus aid
package checked the precious metal's losses. * The UK blue-chip index .FTSE closed 0.7% higher on
Friday, as a new jobs support plan and advancements in Brexit
talks eclipsed worries about a fresh surge in COVID-19 cases.
* 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

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