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UPDATE 1-UK Stocks-Factors to watch on Oct. 1

Published 10/01/2020, 02:51 PM
Updated 10/01/2020, 03:00 PM
© Reuters.
UK100
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SHEL
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(Adds company news items, futures)
Oct 1 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 25 points
higher at 5,891 on Thursday, according to financial bookmakers, with futures up
0.47% ahead of cash market open.
* SMITH & NEPHEW: Medical prosthetics maker Smith & Nephew Plc SN.L
expects its decline in underlying revenue to be just 4% in the third quarter of
this year, down from almost 30% in the previous three months when it was
suffering heavily from the impact of coronavirus lockdowns and a halt in
elective procedures. * ROLLS-ROYCE: Britain's Rolls-Royce RR.L said it planned to raise 2
billion pounds from shareholders, 1 billion pounds from the bond market and
secure further loans to rebuild its balance sheet after COVID-19. * PREMIER OIL: Creditors of North Sea-focused Premier Oil PMO.L have
extended a waiver for the group's debt covenant test until Nov. 5, giving it
breathing space to avoid a debt crunch, the company said on Thursday.
* DE LA RUE: Banknote printer De La Rue DLAR.L on Thursday named Rob
Harding as its chief financial officer after appointing him as the interim CFO
earlier this year. * The UK blue-chip index .FTSE closed 0.5% lower on Wednesday, after a
bleak production forecast from Shell RDSa.L and losses in consumer stocks
weighed on the 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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