UPDATE 1-UK Stocks-Factors to watch on Oct. 5

(Adds company news items, futures)

Oct 5 - Britain’s FTSE 100 index is seen opening 38 points higher at 5,940 on Monday, according to financial bookmakers, with futures up 0.94% ahead of cash markets open.

* MULBERRY: British luxury brand Mulberry reported a year to end-March annual loss of 14.2 million pounds ($18.34 million) but said it had traded ahead of its expectations as stores had reopened after the COVID-19 lockdown.

* WEIR GROUP: Engineering company Weir Group Plc said it had agreed to sell its oil and gas division to U.S. heavy equipment maker Caterpillar Inc for $405 million in cash.

* CINEWORLD: Cineworld said it would temporarily shut its movie theatres in the United States and the UK, a move that would impact 45,000 jobs, as it deals with a significant downturn in the industry brought on by the coronavirus crisis.

* WIZZ AIR: Hungarian budget airline Wizz Air said passenger numbers were down 59% in September compared to the same month last year as the second surge of coronavirus infections across Europe holds back travel.

* The UK blue-chip index closed up 0.4% on Friday, as markets recovered from the initial shock of U.S. President Donald Trump testing COVID-19 positive, although Brexit concerns and a 22% plunge in miner Centamin capped gains for the more domestically-focussed index.

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


> Financial Times

> Other business headlines ($1 = 0.7741 pounds) (Reporting by Samantha Machado in Bengaluru; Editing by Vinay Dwivedi and Krishna Chandra Eluri)