October 23, 2017 / 5:42 AM / a year ago

UK Stocks-Factors to watch on Oct 23

    Oct 23 (Reuters) - Britain's FTSE 100 index is
expected to open 2 points higher at 7,525.5 on Monday, according
to financial spreadbetters.
    * GSK: GlaxoSmithKline's gene therapy for the
so-called "bubble boy" disease was approved by Britain's
healthcare cost watchdog NICE, despite a price tag of almost
600,000 euros ($700,000).
    * GSK: The U.S. Food and Drug Administration approved
GlaxoSmithKline's Shingrix shingles vaccine for use in
adults aged 50 and over, a move widely expected after an
advisory panel to the agency last month voted unanimously to
recommend its approval, the company said on Friday.
    * GKN: British engineering group GKN is considering
splitting into two listed companies comprising its aerospace and
auto component divisions, the Sunday Times reported, without
citing sources.
    * UK ECONOMY: British households' financial worries have
eased to their lowest since June, despite the prospect of higher
Bank of England interest rates and a reliance on borrowing to
make up for falling employment income, a survey showed on
    * Kurdistan: Oil exports from Iraq's Kurdistan via the
Turkish Mediterranean port of Ceyhan were still flowing at
sharply reduced rates on Saturday and Sunday, two shipping
sources told Reuters.
    * GOLD: Spot gold was down 0.4 percent at $1,275.48
an ounce by 0037 GMT, after earlier dropping to its lowest since
Oct. 6 at $1,273.80.
    * Britain's FTSE closed up 0.2 percent on Friday as sterling
bounced back on hopes of a breakthrough in Brexit negotiations,
and consumer heavyweights Unilever and Reckitt Benckiser weighed
down an index that was earlier lifted by financials.

    * For more on the factors affecting European stocks, please
click on: cpurl://apps.cp./cms/?pageId=livemarkets
 Braemar Shipping                        Half Year 2018 Braemar
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 Essentra PLC                            Q3 2017 Essentra PLC
                                         Trading Statement
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 (Reporting by Esha Vaish in Bengaluru)
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