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UK Stocks-Factors to watch on Oct. 30

Published 10/30/2020, 01:22 PM
Updated 10/30/2020, 01:30 PM
© Reuters.
UK100
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BP
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SHEL
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CCC
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ICAG
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CTEC
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Oct 30 - Britain's FTSE 100 .FTSE index is seen opening 13 points higher
at 5,594 on Friday, according to financial bookmakers.

* BP: BP plc BP.L plans to stop producing fuel in Australia and will
convert its Kwinana oil refinery, the biggest of the country's four, into a fuel
import terminal, thanks to tough competition in the Asian market, the global
major said. * ROYAL DUTCH SHELL: Royal Dutch Shell Plc RDSa.L said it was ramping up
production at it Mars Corridor And Appomattox platforms in the Gulf of Mexico
that were shut due to Hurricane Zeta. * PIZZAEXPRESS: PizzaExpress said it would cut another 1,300 jobs across its
370 UK restaurants as new coronavirus restrictions, especially in city centres,
kept consumers from eating out. * GOLD: Gold prices rose as the dollar retreated, supported by worries of
soaring coronavirus cases in the United States and Europe as well as uncertainty
over the upcoming U.S. presidential election. * OIL: Oil prices tumbled, touching a five-month low and extending the
previous day's sharp decline on the impact renewed coronavirus lockdowns could
have on oil demand. * The UK blue-chip index .FTSE fell on Thursday as concerns that a
resurgence in coronavirus cases might derail a fragile economic recovery,
offsetting a clutch of positive earnings from Royal Dutch Shell and Lloyds
Bank. UK CORPORATE DIARY:
ConvaTec Group Plc CTEC.L Q3 trading statement
International Consolidated Airlines Group SA ICAG.L Q3 earnings
Computacentre Plc CCC.L Q3 trading statement


* 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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