UK Stocks-Factors to watch on Oct. 9

Credit: REUTERS/Suzanne Plunkett

Britain's FTSE 100 index is seen opening up 23 points at 7,166 on Wednesday, according to financial bookmakers with futures up 0.02% ahead of cash markets open.

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Oct 9 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up 23 points at 7,166 on Wednesday, according to financial bookmakers with futures up 0.02% ahead of cash markets open.

*GVC: Ladbrokes-owner GVC.L on Wednesday raised its full-year core earnings forecast for the second time, as betting shops proved resilient despite tighter regulation and online gambling rose.

*KINGFISHER: British home improvement group KGF.L has appointed Bernard Bot as chief financial officer, it said on Wednesday.

*VOLUTION: The ventilation products supplier FAN.L on Wednesday said it has increased inventory of "some fast-moving" items as Britain approaches the deadline for a potential no-deal exit from the European Union.

*OIL: Oil prices slipped for a third consecutive session on Wednesday as the prospect of the United States and China striking a trade deal in talks this week dimmed, raising uncertainties for global economic growth and oil demand.

*GOLD: Gold prices held firm on Wednesday as sagging hopes for progress in U.S.-China trade negotiations sapped risk appetite, with markets watching closely for clues on monetary easing by the U.S. Federal Reserve.

* The UK blue-chip index closed down 0.8% on Tuesday as domestic-focused stocks from Tesco to housebuilders sank on worries over a no-deal Brexit, while LSE fell after the Hong Kong bourse dropped its takeover bid.

* For more on the factors affecting European stocks, please click on: LIVE/

TODAY'S UK PAPERS > Financial Times PRESS/FT > Other business headlines PRESS/GB

(Reporting by Aniruddha Ghosh in Bengaluru)

((Aniruddha.ghosh@thomsonreuters.com))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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