Funds News

UK Stocks-Factors to watch on Oct. 15

    Oct 15 (Reuters) - Britain's FTSE 100 index is seen opening 33
points lower at 5,902 on Thursday, according to financial bookmakers.

    * IAG: Marshall Wace has picked up a 3% stake in British Airways-owner IAG
, a Spanish regulatory filing from the hedge fund showed on Wednesday.

    * SHELL: Royal Dutch Shell said its Prelude floating liquefied
natural gas project off Australia, off line since early February, is working on
restarting operations but would not resume full production this year.

    * KASPI: Kazakh financial and technology company's share
offering has been priced at $33.75 per GDR, the top of an indicative range, the
Astana International Exchange said, citing bookrunner Renaissance Capital.

    * GOLD: Gold prices dipped on Thursday as the dollar steadied and comments
from U.S. Treasury Secretary Steve Mnuchin dashed hopes of a new fiscal stimulus
package before the presidential election.
    * OIL: Oil prices edged higher, extending their 2% gains from the previous
session, after data showed U.S. crude stockpiles fell last week, while OPEC and
its allies were seen complying with their pact to curb output in September.

    *  The FTSE 100 slipped on Wednesday as signs of progress in Brexit talks
boosted sterling, putting pressure on companies that are big exporters, while a
clutch of upbeat corporate earnings limited declines.
    * UK CORPORATE DIARY:       

 Dunelm Group Plc                           Q1 trading statement
 Hays Plc                                   Q1 trading statement
 Marston's Plc                              FY trading statement
 Mondi Plc                                  Q3 trading statement
 Mediclinic International Plc               HY trading update
 Schroders Plc                              Q3 AUM
 Domino's Pizza Group                       Q3 trading statement
    * For more on the factors affecting European stocks, please click on:
    > Financial Times                     
    > Other business headlines            

 (Reporting by Samantha Machado in Bengaluru)


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