UPDATE 1-UK Stocks-Factors to watch on Oct. 5

  • Reuters
  • Stock Market News
UPDATE 1-UK Stocks-Factors to watch on Oct. 5
Credit: © Reuters.

(Adds company news items, futures)

Oct 5 - Britain's FTSE 100 .FTSE index is seen opening 38 points higher at 5,940 on Monday, according to financial bookmakers, with futures FFIc1 up 0.94% ahead of cash markets open.

* MULBERRY: British luxury brand Mulberry MUL.L reported a year to end-March annual loss of 14.2 million pounds ($18.34 million) but said it had traded ahead of its expectations as stores had reopened after the COVID-19 lockdown. WEIR GROUP: Engineering company Weir Group Plc WEIR.L said it had agreed to sell its oil and gas division to U.S. heavy equipment maker Caterpillar Inc (NYSE: CAT ) CAT.N for $405 million in cash. CINEWORLD: Cineworld CINE.L said it would temporarily shut its movie theatres in the United States and the UK, a move that would impact 45,000 jobs, as it deals with a significant downturn in the industry brought on by the coronavirus crisis. WIZZ AIR: Hungarian budget airline Wizz Air WIZZ.L said passenger numbers were down 59% in September compared to the same month last year as the second surge of coronavirus infections across Europe holds back travel. 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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($1 = 0.7741 pounds)

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