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UK Stocks-Factors to watch on Oct 7

Published 10/07/2020, 01:11 PM
Updated 10/07/2020, 01:20 PM
UK100
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TSCO
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KAZ
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VMUK
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Oct 7 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 16 points
lower at 5,934 on Wednesday, according to financial bookmakers.
* KAZ MINERALS: London-listed miner Kaz Minerals KAZ.L has suspended
production at its Bozymchak copper and gold mine in Kyrgyzstan, the company said
on Tuesday, amid post-election unrest in the Central Asian nation. * VIRGIN MONEY: British lender Virgin Money VMUK.L is cutting up to 400
jobs, as it presses ahead with cutbacks after shelving restructuring plans early
in the pandemic. OIL: Oil prices fell after U.S. President Donald Trump dashed hopes for a
fourth stimulus package to boost the coronavirus-hit economy and on a
larger-than-expected increase in U.S. crude inventories. * GOLD: Gold prices edged up, after hitting a one-week low in early trade,
lifted by renewed fears over economic recovery and uncertainty around the U.S.
presidential election after Trump's COVID-19 diagnosis. * The UK blue-chip index .FTSE ended flat on Tuesday as a stronger pound
pressured the export-heavy index. UK CORPORATE DIARY:
Tesco Plc TSCO.L HY results


* 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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