UPDATE 1-UK Stocks-Factors to watch on Oct 19

  • Reuters
  • Stock Market News
UPDATE 1-UK Stocks-Factors to watch on Oct 19
Credit: © Reuters.

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Oct 19 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 14 points lower at 5,906 on Monday, according to financial bookmakers, with futures down 0.17% ahead of cash market open.

* BOOHOO: PwC will not compete to be the new auditor of online fashion group Boohoo BOOH.L , confirming media reports of a shift as the company rejigs its corporate governance apparatus following a report into working conditions at its suppliers. AMIGO HOLDINGS: Amigo Holdings AMGO.L , which is embroiled in a dispute with its founder, has entered an Asset Voluntary Requirement (AVR) with Britain's financial watchdog meaning the subprime lender will need approval to transfer assets outside of the group. ASTRAZENECA: The European medicines watchdog has recommended approving AstraZeneca Plc's AZN.L treatments for a form of heart failure and a lung disorder, the British drugmaker said. GOLD: A firmer dollar held back gold near the $1,900 per ounce psychological level even as U.S. House Speaker Nancy Pelosi raised hopes for a coronavirus relief package before the presidential election. OIL: Oil prices fell after reports that China's third-quarter economic growth did not rise as much as expected, underscoring concerns that surging coronavirus cases globally are impacting demand in the world's largest oil importer. The UK blue-chip index .FTSE closed 1.5% higher on Friday after an upbeat coronavirus vaccine update from Pfizer (NYSE: PFE ) and signs that Brexit talks might continue until the year end for a possible trade deal with the European Union. For more on the factors affecting European stocks, please click on: LIVE/

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