December 7, 2018 / 5:42 AM / 8 days ago

UK Stocks-Factors to watch on Dec. 7

    Dec 7 - Britain's FTSE 100 index is seen opening 98 points higher at
6,802 points on Friday, according to financial bookmakers.
    * UNILEVER: The chief marketing officer of Unilever has decided to
retire next year, handing incoming CEO Alan Jope his first big hiring
decision.
    * AJ BELL: Financial services company AJ Bell Plc IPO-AJH.L said on
Thursday said it set its offer price at 160 pence per share, which would value
the company at 651 million sterling ($832.30 million).
    * TULLOW: UK oil explorer Tullow Oil is seeking partners in a bid to
acquire a new oil block in Ghana which launched its first oil bidding round in
October, the company's managing director Kweku Awotwi said on
Thursday.
   * TESCO: The UK Serious Fraud Office (SFO) defended itself on Thursday
against criticisms of "serious failings" after the collapse of a high-profile
re-trial of former Tesco executives, insisting the prosecution had been
in the public interest.
   * OIL: Oil prices fell on Friday, pulled down by OPEC's decision to delay a
final decision on output cuts, awaiting support from non-OPEC heavyweight
Russia.
    * GOLD: Gold prices rose slightly on Friday and were headed for their best
week in 15, as the dollar weakened following a decline in U.S. Treasury yields,
while investors awaited U.S. non-farm payroll data for clues about the health of
the world's top economy.
    * The UK blue chip index closed 217.79 points lower at 6704.05 on Thursday,
hitting their weakest levels in two years as oil and mining stocks fell and
investors shunned sectors they consider risky after the arrest of a top Huawei
executive renewed worries about U.S.-China trade tensions.
     
    * UK CORPORATE DIARY:  
 Berkeley Group Holdings Plc  BKGH.L   Half-year results 
 

    TODAY'S UK PAPERS
    > Financial Times                     
    > Other business headlines            
 

 (Reporting by Adil Bhat in Bengaluru)
  
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below