UK Stocks-Factors to watch on Oct 2

jueves 2 de octubre de 2014 02:34 GYT
 

LONDON Oct 2 (Reuters) - Britain's FTSE 100 index is seen opening down 6 to 8 points, or as much as 0.1 percent lower, on Thursday, according to financial bookmakers. For more on the factors affecting European stocks, please click on

* December futures on the index were down 0.3 percent by 0625 GMT.

* The UK blue chip index sank to its lowest closing level in nearly six months on Wednesday, ending the session down 65.20 points, or 1 percent, at 6,557.52 points, as a new slump in the shares of supermarket retailers hit the market.

* Later on Thursday, the European Central Bank will unveil a new asset-buying plan which it hopes will prop up inflation and revive the economy in the euro zone - Britain's biggest trading partner.

The ECB plans to buy asset-backed securities - packages of reparcelled loans - with a view to spurring the market for such credit and supporting lending to the small- and mid-sized firms that form the backbone of the euro zone economy.

  Continuación...