UPDATE 1-UK Stocks-Factors to watch on Oct 28

  • Reuters
  • Stock Market News
UPDATE 1-UK Stocks-Factors to watch on Oct 28
Credit: © Reuters.

(Adds company news items, futures)

Oct 28 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 27 points lower at 5,702 on Wednesday, according to financial bookmakers, with futures down 1.46% ahead of cash market open.

* LAND SECURITIES: British property developer Land Securities LAND.L said it would appoint Vanessa Simms as its finance chief, replacing Martin Greenslade who announced his intention to step down from the role last month. NEXT: British fashion retailer Next NXT.L upgraded its full-year profit guidance for the third time in as many months after full-price sales in its third quarter exceeded its expectations. ASTON MARTIN: British carmaker Aston Martin AML.L said on Wednesday all the shares available in its 125-million-pound ($162.91 million) capital raise have been placed or subscribed. KAZ MINERALS: Kaz Minerals KAZ.L said it has agreed to be acquired by Nova Resources in an all-cash deal that values the London-listed miner at 3 billion pounds ($3.91 billion). GOLD: Gold prices were little changed, staying above the $1,900-mark, as uncertainties about U.S. elections and surging global COVID-19 cases countered pressure from a firmer dollar and fading hopes of an immediate U.S. stimulus package. OIL: Oil prices slid about 2% giving up most of the previous day's gains, as a surge in U.S. crude stocks and growing coronavirus infections in the United States and Europe fanned fears of a supply glut in oil and weaker fuel demand. The UK blue-chip index .FTSE closed 1.1% lower on Tuesday as worries about fresh COVID-19 curbs across parts of England offset the impact of progress in Brexit talks and of positive results from Europe's biggest bank HSBC. For more on the factors affecting European stocks, please click on: LIVE/


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