UK Stocks-Factors to watch on Oct. 9

  • Reuters
  • Stock Market News
UK Stocks-Factors to watch on Oct. 9
Credit: © Reuters.

Oct 9 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up 23 points at 7,166 on Wednesday, according to financial bookmakers.

*BT: Milan prosecutors investigating an accounting scandal at the Italian unit of British Telecom BT.L have asked for the unit and 23 defendants, including three former top executives, to be sent to trial, three people with knowledge of the case said on Tuesday. The world's second largest mobile operator VOD.L will shut 15% of its 7,700 stores in Europe and upgrade some of the remaining outlets as customers buy more online and change their expectations of in-store shopping, chief executive Nick Read said on Tuesday. GlaxoSmithKline GSK.L on Tuesday said it is recalling the popular heartburn medicine Zantac in all markets as a "precaution", days after the U.S. Food and Drug Administration found "unacceptable" levels of probable cancer-causing impurity in the drug. Oil prices slipped for a third consecutive session on Wednesday as the prospect of the United States and China striking a trade deal in talks this week dimmed, raising uncertainties for global economic growth and oil demand. Gold prices held firm on Wednesday as sagging hopes for progress in U.S.-China trade negotiations sapped risk appetite, with markets watching closely for clues on monetary easing by the U.S. Federal Reserve. The UK blue-chip index closed down 0.8% on Tuesday as domestic-focused stocks from Tesco (LON: TSCO ) to housebuilders sank on worries over a no-deal Brexit, while LSE fell after the Hong Kong bourse dropped its takeover bid. UK CORPORATE DIARY:

Physiomics PLC

PYSM.L

Full Year 2019 Earnings Release Plutus Powergen

PPGL.L

Full Year 2019 Earnings Release PLC

Volution Group PLC FAN.L

Full Year 2019 Earnings Release PRS Reit PLC

PRSR.L

Full Year 2019 Earnings Release TR European Growth TRG.L

Full Year 2019 Earnings Release Trust PLC

GVC Plc

GVC.L

Q3 Trading Update

* For more on the factors affecting European stocks, please click on: LIVE/

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