UK Stocks — Factors to watch on Thurs Oct 21

LONDON, Oct 21 (BestGrowthStock) – Britain’s FTSE 100 (.FTSE: ) index is seen opening
down 10-11 points, or 0.2 percent on Thursday, according to financial
bookmakers, retreating after gains in the previous session, in-line with
weakness in Asia following mixed Chinese data and a rise by the dollar.

The UK blue chip index closed up 25.04 points, or 0.4 percent on Wednesday
at 5,728.93 buoyed by rallying miners on firmer metal prices, with investor
sentiment also helped by positive corporate earnings from the United States.

U.S. stocks (Read more about the stock market today. ) ended higher on Wednesday with airline issues lifted by strong
earnings, but Asian equities were weaker on Thursday as the dollar jumped after
U.S. Treasury Secretary Tim Geithner suggested, in an interview published in the
Wall Street Journal, that major currencies were roughly in alignment.
[ID:nSGE69K04Q]

Investors also digested data showing China’s growth ebbed in the third
quarter even as inflation edged higher.

British September retail sales numbers will be released at 0830 GMT, with
economists expecting a consensus monthly gain of 0.4 percent, after a 0.5
percent decline in August, giving a year-on-year rise of 1.0 percent, up from a
0.4 percent gain in the previous month.

After the Fed beige book, released after the London close on Wednesday,
investors will look to the latest weekly U.S. jobless claims numbers, due at
1230 GMT, together with September lead indicators and October’s Philly Fed
index, at 1400 GMT, to give fresh pointers as to the health of the world’s
biggest economy on Thursday.

Another batch of U.S. corporate earnings will also attract attention.

Financial services group American Express (AXP.N: ), drugmaker Eli Lilly
(LLY.N: ), industrial equipment firm Caterpillar (CAT.N: ), and tobacco firm Philip
Morris (PM.N: ) are likely to be the main interest ahead of the Wall Street open,
with online retailer Amazon (AMZN.O: ) set to report after the U.S. closing bell.

* GLOBAL -Dollar jumps on Geithner report, stocks ease [ID:nSGE69K01J]

* Wall St bounces on weak dollar, strong earnings [ID:nN20241352]

* Dollar rises vs yen, euro after Geithner comments [ID:nTOE69K02T]

* Oil falls on Geithner comments, China slowdown] [ID:nSGE69K04D]

* Gold inches up on China’s econ data, dollar weighs [ID:nSGE69K04P]

* METALS-Copper steady; no surprise on China data [ID:nSGE69K044]

UK stocks to watch on Thursday are:

GLAXOSMITHKLINE (GSK.L: )

The drugmaker reports third-quarter results.

ANGLO AMERICAN (AAL.L: )

The miner issues a third-quarter trading update.

BHP BILLITON (BLT.L: )

The miner holds its annual general meeting.

BP (BP.L: )

U.S. environmental groups filed a suit on Wednesday against British-based
oil giant BP Plc (BP.L: ) saying the world’s worst offshore spill inflicted
“ongoing unlawful” harm on endangered wildlife in the Gulf of Mexico.
[ID:nN20226410]

VODAFONE (VOD.L: )

Vodafone has warned India it may scale back investment in the country if the
company loses its appeal over a $2.7 billion tax bill, The Daily Telegraph said.

PETROPAVLOVSK (POG.L: )

Shares of IRC Ltd (1029.HK: ), the iron ore unit of London-listed gold miner
Petropavlovsk were indicated to open 1.1 percent lower ahead of their Hong Kong
trading debut on Thursday, following a $242 million IPO. [ID:nHKV002537]

TALKTALK (TALK.L: )

Talk Talk is to build a special telecoms network that will transmit its TV
service as it speeds up plans for a platform that could enable it to compete
with rivals BT (BT.L: ) and BSkyB (BSY.L: ), The Financial Times said.

PETROFAC (PFC.L: )

The oil services group issues a trading update.

DEBENHAMS (DEB.L: )

The department stores group posts full-year results.

HENDERSON GROUP (HGGH.L: )

The fund manager issues a trading update.

INCHCAPE (INCH.L: )

The car dealer issues a trading update.

BRITVIC (BVIC.L: )

The soft drinks firm issues a trading update.

COLT GROUP (COLT.L: )

The telecoms firm issues a third-quarter trading update.

LUMINAR GROUP (LMR.L: )

The nightclubs and bars firm delivers first-half results.

SMITHS NEWS (SNWS.L: )

The newspaper and magazines distributor reports full-year results.

MANGANESE BRONZE (MNGS.L: )

The taxi cab maker issues a trading update.

THORNTONS (THT.L: )

The chocolate retailer holds its annual general meeting.

SCEPTRE LEISURE (SCEL.L: )

The amusement machines supplier firm holds its annual general meeting.

(Reporting by Jon Hopkins)

UK Stocks — Factors to watch on Thurs Oct 21