UK Stocks-Factors to watch on Oct. 29

  • Reuters
  • Stock Market News
UK Stocks-Factors to watch on Oct. 29
Credit: © Reuters.

Oct 29 - Britain's FTSE 100 .FTSE index is seen opening 8 points lower at 5,575 on Thursday, according to financial bookmakers.

* ASTRAZENECA: Senior sources in the British government expect that a verdict on whether Pfizer (NYSE: PFE ) Inc-backed PFE.N COVID-19 vaccine works will be available before the results are in on AstraZeneca Plc's AZN.L competing vaccine, the Times reported. STANDARD CHARTERED: Standard Chartered STAN.L said third-quarter profit slid 40% on higher credit impairment resulting from the coronavirus pandemic and lower interest rates, although a tighter rein on costs helped it beat expectations. ASTON MARTIN: British luxury car maker Aston Martin AML.L is testing investor appetite for risky assets days before the U.S. election with a 840-million-pound junk bond sale, one of the largest deals of its kind in Europe this year. GOLD: Gold edged up after a plunge in the previous session as surging global coronavirus cases and fears of a contested U.S. presidential election spurred demand, although a strong dollar capped gains. OIL: Oil prices rose in early trading, regaining some of the ground lost in a 5% slump overnight, amid the prospect of tighter short-term supply with two-thirds of U.S. output shut in the Gulf of Mexico as Hurricane Zeta slammed Louisiana. The UK blue-chip index .FTSE closed 2.6% lower on Wednesday as investors dumped riskier assets on fears of more lockdowns and uncertainty over a British trade deal with the EU. UK CORPORATE DIARY:



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