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UPDATE 1-UK Stocks-Factors to watch on Oct 10

Published 10/10/2019, 02:52 PM
Updated 10/10/2019, 03:00 PM
UPDATE 1-UK Stocks-Factors to watch on Oct 10

(Adds company news items and futures)
Oct 10 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening down 11
points at 7,155 on Thursday, according to financial bookmakers, while futures
were up 0.21% ahead of cash markets open.
* LOW & BONAR: The UK-based polymer products maker LWB.L on Thursday
flagged tough trading conditions in the third quarter and warned that it would
not be able to comply with its financial agreements if they were tested in
May. * HARGREAVES LANSDOWN: British investment platform HRGV.L said its total
assets rose 3% in the quarter to the end of September, driven by net inflows of
client cash and market gains, although investment sentiment was
weak. * N BROWN: Plus-sized fashion retailer BWNG.L reported higher first-half
adjusted pretax profit, benefiting from its transition to an online-only
business after shutting all its shops last year. * IQE: Cardiff-based IQE Plc IQE.L said it would take complete ownership
of its loss-making joint venture in Singapore to capitalise on supply chains in
the Asian country and China's 5G market. * DUNELM GROUP: Dunelm Group Plc DNLM.L reported a 6.4% rise in
like-for-like quarterly sales, as a ramp up in advertising and new delivery
options fueled demand at the home furnishings retailer's stores and
website. * OIL: Oil prices fell on Thursday on concerns of lower fuel demand as talks
this week between the United States and China, the world's two largest oil
users, are not expected to help end the trade war between them, adding to
anxieties about the global economy.
* GOLD: Gold prices scaled one-week highs on Thursday, holding ground above
$1,500 an ounce, as investors flocked to the safety of bullion following
contradictory reports about Sino-U.S. trade talks. * Barratt Development BDEV.L , Centrica CNA.L , HSBC Holdings HSBA.L ,
Spirax-Sarco SPX.L and Tesco TSCO.L will trade without entitlement on
Thursday, trimming around 9.5 points off the FTSE 100 index, according to
Reuters calculations. * The UK blue-chip index closed up 0.3% as British shares lagged global
markets on Wednesday as fears of damage from Brexit outweighed reports of China
being open to a partial trade deal with the United States. For more on the factors affecting European stocks, please click on:
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TODAY'S UK PAPERS
> Financial Times PRESS/FT
> Other business headlines PRESS/GB

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