UK Stocks — Factors to watch on Thursday Oct 14

LONDON, Oct 14 (BestGrowthStock) – Britain’s FTSE 100 (.FTSE: ) index
is seen opening 8-13 points higher, or up as much as 0.3 percent on Thursday,
according to financial bookmakers, tracking gains overnight on Wall Street and
in Asia after solid earnings news and on hopes for further quantitative easing.

The UK blue chip index closed 85.76 points, or 1.5 percent higher on
Wednesday at 5,747.35, its best closing level since April 26, and its biggest
one-day percentage rise since Sept. 20, boosted by firmer commodity issues as
demand hopes were stoked by hopes for fresh economic stimulus measures in the
United States.

U.S. stock indexes hit their highest level in five months on Wednesday as
stronger-than-expected earnings from JP Morgan Cazenove and Intel and lingering
U.S. dollar weakness increased demand for equities.

The U.S. dollar tumbled to a 10-month low on Thursday after Singapore
unexpectedly tightened policy to let its currency rise, lifting Asian stocks and
copper to two-year peaks and gold to a record high.

No British data is due for release on Thursday, so investors will look to
U.S. September producer prices, August international trade figures, and the
latest weekly jobless claims numbers to provide some macroeconomic direction in
the afternoon.

September PPI is seen up 0.2 percent on the month, and ahead 3.7 percent
year-on-year, after 0.4 and 3.1 percent increases respectively for wholesale
inflation in August.

* GLOBAL MARKETS-Dollar drops, Nikkei, gold jumps [ID:nSGE69D044]

* Wall St rises on earnings and weak USD, volume jumps [ID:nN13277682]

* Nikkei rises 1.8 pct, lifted by resource stocks [ID:nTOE69D02T]

* Oil nears five-month high as commodities rally [ID:nSGE69D04B]

* Dollar tumbles on Singapore move, A$ eyes parity [ID:nTOE69D012]

* Copper hits new 27-month top on QE expectations [ID:nLDE69C0YH]

* Gold hits new record on dollar weakness [ID:nSGE69D045]

UK stocks to watch on Thursday are:

RIO TINTO (RIO.L: )

Rio Tinto maintained its production guidance for iron ore this year at 234
million tonnes and said it was running all its diverse group of mining
operations at close to or above capacity to cash in on strong mineral
commodities’ prices. [ID: nSGE69D07I]

BHP BILLITON (BLT.L: )

Potash Corp (POT.TO: ) has pledged to move key staff from Chicago to
Saskatchewan province as it tries to win political favour by matching BHP
Billiton’ promise to beef up its Canadian headquarters if it wins control of the
fertilizer maker. [ID:nSGE69D03Q]

GLAXOSMITHKLINE (GSK.L: )

Britain’s drug funding watchdog NICE said on Thursday patients taking
GlaxoSmithKline’s breast cancer pill Tyverb can continue with the drug while it
assesses its use in advanced cases compared with Roche’s (ROG.VX: ) Herceptin.
[ID:nLDE69C283]

KESA ELECTRICALS (KESA.L: )

Shares in the electricals retailer gained on Wednesday on the back of bid
speculation from Best Buy (BBY.N: ) and private equity firms, the Daily Mail’s
market report said.

DIAGEO (DGE.L: )

The drinks firm issues an AGM trading update.

ASHMORE (ASHM.L: )

The fund manager issues a first-quarter trading update.

MOTHERCARE (MTC.L: )

The mother and baby products retailer issues a trading update.

WH SMITH (SMWH.L: )

The entertainment and stationery retailer posts full-year results.

ASOS (ASOS.L: )

The on-line fashion retailer issues a trading update.

CLINTON CARDS (CLCA.L: )

The greetings cards retailer reports full-year results.

BOOKER GROUP (BOK.L: )

The wholesale group delivers first-half results.

RENISHAW (RSW.L: )

The precision engineer issues an AGM trading update.

EAGA (EAGA.L: )

The energy efficiency specialist holds its annual general meeting.

MONITISE (MONI.L: )

The mobile money solutions firm holds its annual general meeting.

(Reporting by Jon Hopkins; Editing by Mike Nesbit)

UK Stocks — Factors to watch on Thursday Oct 14