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UK Stocks-Factors to watch on Oct. 23
Published at 23/10/2020 at 06:37

Oct 23 (Reuters) - Futures for Britain's FTSE 100 index were 0.25% higher on Friday.

*ASTRAZENECA: The Peruvian government refused to sign a coronavirus vaccine purchase agreement with AstraZeneca PLC because it did not provide sufficient data from its studies and offered minimal amounts of inoculations.

*ITM POWER: Italian gas group Snam said on Thursday it would buy a minority stake in ITM Power as part of a broader agreement with the British company to help it develop its green hydrogen business.

* GOLD: Gold edged up on hopes that a U.S. stimulus package would eventually be passed, boosting the metal's appeal as an inflation hedge, although a stronger dollar capped gains.

* OIL: Oil prices held on to gains from the previous session on Friday, after Russian President Vladimir Putin indicated he would be prepared to extend record supply cuts in the face of the COVID-19 pandemic.

* The UK blue-chip index closed 0.2% higher on Thursday after a positive update on AstraZeneca's COVID-19 vaccine candidate and as UK finance minister Rishi Sunak unveiled more support for businesses hit by the pandemic.

* UK CORPORATE DIARY:

LSE Group Plc Q3 trading statement

Barclays Plc Q3 earnings

InterContinental Hotels Group Plc Q3 trading statement

Airtel Africa Plc HY earnings

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

TODAY'S UK PAPERS

> Financial Times

> Other business headlines

(Reporting by Priyanshi Mandhan)

((Priyanshi.Mandhan@thomsonreuters.com;))