UK Stocks-Factors to watch on Oct. 5

  • Reuters
  • Stock Market News
UK Stocks-Factors to watch on Oct. 5
Credit: © Reuters.

Oct 5 - Britain's FTSE 100 .FTSE index is seen opening 38 points higher at 5,940 on Monday, according to financial bookmakers.

* ASDA: Britain's billionaire Issa brothers and private equity group TDR Capital have bought Asda from Walmart (NYSE: WMT ) WMT.N in a deal which gives the British supermarket chain an enterprise value of $8.8 billion and the buyers a platform to roll out smaller stores. LSE: London Stock Exchange LSE.L is set to be hit with a charge sheet in the coming weeks setting out the European Union's antitrust concerns over its $27 billion purchase of data provider Refinitiv, two people familiar with the matter said. NATIONAL GRID: Britain's National Grid NG.L , NGG.N on Friday pledged to achieve net zero greenhouse gas emissions in its U.S. operations by 2050, including from operations and emissions resulting from the sale of electricity and gas. CINEWORLD: Cineworld CINE.L , the world's second-biggest cinema operator, said it was considering temporarily closing all its screens in the United States and Britain after studios pulled major releases such as the latest James Bond film. The UK blue-chip index .FTSE closed up 0.4% on Friday, as markets recovered from the initial shock of U.S. President Donald Trump testing COVID-19 positive, although Brexit concerns and a 22% plunge in miner Centamin CEY.L capped gains for the more domestically-focussed index. For more on the factors affecting European stocks, please click on: LIVE/

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