UPDATE 1-UK Stocks-Factors to watch on Oct 15

  • Reuters
  • Stock Market News
UPDATE 1-UK Stocks-Factors to watch on Oct 15
Credit: © Reuters.

(Adds company news items, futures)

Oct 15 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 33 points lower at 5,902 on Thursday, according to financial bookmakers, with futures down 0.7% ahead of cash market open.

* HAYS: Recruitment agency Hays Plc HAYS.L said it expects the first half of the year to be modestly profitable as its temporary hiring remained stable overall, even as it posted a 29% drop in its first-quarter net fees due to the coronavirus crisis. DOMINO'S PIZZA: Domino's Pizza Group DOM.L said it expects 2020 profit to be in line with the market view as a lower tax rate and higher online orders helped it post a 19% jump in third-quarter sales. AO WORLD: British online electricals retailer AO World AO.L said it expected to report a 57% increase in first-half revenue to 715 million pounds ($930 million) after benefiting from strong consumer demand during the COVID-19 pandemic. DUNELM: British home furnishing retailer Dunelm DNLM.L posted a 37% jump in first-quarter sales as it benefited from higher online demand for its homewares, as well as in-store recovery following the initial round of lockdowns. MARSTON'S: Pub operator Marston's MARS.L announced job cuts as a result of the UK's new round of coronavirus restrictions, saying 2,150 people currently on furloughs would be affected after it posted a 30% drop in annual sales. GOLD: Gold prices dipped as the dollar steadied and comments from U.S. Treasury Secretary Steve Mnuchin dashed hopes of a new fiscal stimulus package before the presidential election. OIL: Oil prices edged higher, extending their 2% gains from the previous session, after data showed U.S. crude stockpiles fell last week, while OPEC and its allies were seen complying with their pact to curb output in September. The FTSE 100 slipped on Wednesday as signs of progress in Brexit talks boosted sterling, putting pressure on companies that are big exporters, while a clutch of upbeat corporate earnings limited declines. For more on the factors affecting European stocks, please click on: LIVE/


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