Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

UK Stocks-Factors to watch on Oct 26

Published 26/10/2020, 06:38
Updated 26/10/2020, 06:48
© Reuters.

Oct 26 (Reuters) - Britain's FTSE 100 index (.FTSE) is seen opening 32 points lower at 5,828 on Monday, according to financial bookmakers.

AstraZeneca: AstraZeneca Plc (AZN.L) has resumed the U.S. trial of its experimental COVID-19 vaccine after approval by regulators, and Johnson & Johnson (JNJ.N) is preparing to resume its trial on Monday or Tuesday, the companies said on Friday.

Rio Tinto: Global miner Rio Tinto (RIO.L) is seeking court approval to sell its partner's share of diamonds from a mine in Canada's Northwest Territories, a filing this week showed, hoping to recover around C$120 million plus legal fees and other costs.

Coca Cola Europeand Partners: Coca-Cola (NYSE:KO) Amatil Ltd (CCL.AX) said Coca-Cola European Partners (CCEPC.L) offered to buy the Australian bottler for A$9.23 billion ($6.58 billion), in what would be the country's biggest deal this year.

UK regulators: UK regulators are considering plans to allow banks to start paying dividends again next year, The Times newspaper reported on Monday.

Gold: Gold prices fell to an over one-week low, as the dollar firmed and talks about the new U.S. coronavirus aid package showed no signs of progress.

Oil: Oil extended last week's losses, falling nearly 2% as a surge in COVID-19 infections in the United States and Europe prompted concern over crude demand, while the prospect of increased supply also hit sentiment.

The UK blue-chip index (.FTSE) closed 1.3% higher on Friday, boosted by upbeat Barclays ' (LON:BARC) earnings and rising hopes of a Brexit trade deal before year end, but the blue-chip FTSE 100 still logged its second weekly decline on concerns over fresh coronavirus restrictions.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

UK corporate diary:

Kin and Carta Plc (KCT.L) FY earnings
PZ Cussons Plc (PZC.L) Trading statement
RPS Group Plc (RPS.L) Q3 trading statement

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.