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UK Stocks-Factors to watch on Oct. 5

Published 10/05/2020, 01:16 PM
Updated 10/05/2020, 01:20 PM
© Reuters.
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Oct 5 - Britain's FTSE 100 .FTSE index is seen opening 38 points higher at
5,940 on Monday, according to financial bookmakers.
* ASDA: Britain's billionaire Issa brothers and private equity group TDR
Capital have bought Asda from Walmart WMT.N in a deal which gives the British
supermarket chain an enterprise value of $8.8 billion and the buyers a platform
to roll out smaller stores. * LSE: London Stock Exchange LSE.L is set to be hit with a charge sheet in
the coming weeks setting out the European Union's antitrust concerns over its
$27 billion purchase of data provider Refinitiv, two people familiar with the
matter said. * NATIONAL GRID: Britain's National Grid NG.L , NGG.N on Friday pledged
to achieve net zero greenhouse gas emissions in its U.S. operations by 2050,
including from operations and emissions resulting from the sale of electricity
and gas. * CINEWORLD: Cineworld CINE.L , the world's second-biggest cinema operator,
said it was considering temporarily closing all its screens in the United States
and Britain after studios pulled major releases such as the latest James Bond
film. * The UK blue-chip index .FTSE closed up 0.4% on Friday, as markets
recovered from the initial shock of U.S. President Donald Trump testing COVID-19
positive, although Brexit concerns and a 22% plunge in miner Centamin CEY.L
capped gains for the more domestically-focussed index. 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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