UK Stocks-Factors to watch on Oct. 29

Reuters

UK Stocks-Factors to watch on Oct. 29

2024 10월 29 일, 오전 5:05 GMT

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Oct 29 (Reuters) -Britain's FTSE 100 .FTSE index is seen opening flat on Tuesday, with futures FFIc1 largely unchanged.

* HSBC: HSBC Holdings HSBA.L posted a 10% rise in third-quarter profit, beating analyst estimates, as its wealth and wholesale banking benefited from slower-than-expected rate cuts, while it embarks on one of the largest overhauls in its history.

* SHOP PRICES: Prices in British shops fell at the fastest pace in more than three years this month, but this week's budget announcement by finance minister Rachel Reeves could help spur a return of inflation, the British Retail Consortium said.

* SANTANDER UK: The UK arm of Spain's Santander SANS_pa.L postponed the release of its third-quarter results while it assesses the impact of a court ruling on motor finance commissions, although the parent bank said it did not expect a hit to financial targets in 2024.

* OIL: Oil prices edged up after a sharp plunge on Monday, as a U.S. plan to purchase oil for the Strategic Petroleum Reserve provided support while investors remained focused on developments in the Middle East.

* METALS: Base metals traded sideways as markets awaited a key meeting next week in China for more details on Beijing's stimulus measures and the Nov. 5 U.S. presidential election.

* FTSE: The UK's benchmark FTSE 100 rose on Monday in a broader rally led by travel and leisure shares, as well as aerospace and defence stocks, though losses in commodity-linked companies restricted overall gains.

* UK CORPORATE DIARY: