Cyber Monday Deal: Up to 60% off InvestingProCLAIM SALE

UK Stocks-Factors to watch on Dec. 16

Published 16/12/2019, 07:19
© Reuters.  UK Stocks-Factors to watch on Dec. 16
UK100
-
EZJ
-
TLW
-
FRAS
-
CHG
-
STUS
-
0RYA
-
GLEN
-
AML
-

Dec 16 - Britain's FTSE 100 .FTSE index is expected to open 43 points

higher at 7,397, on Monday, according to financial bookmakers.

* ASTON MARTIN: Luxury British carmaker Aston Martin AML.L is in early

stage talks with potential investors about building "longer term relationships"

which it said on Friday may or may not involve an equity investment, as part of

a funding review. * GLENCORE: Glencore's GLEN.L Argentine JV partner and soy crushing giant

Vicentin has halted most of its operations as the company battles to restructure

its debt after defaulting earlier this month, three industry sources with direct

knowledge of the situation told Reuters. * RYANAIR/EASYJET: An Irish High Court judge hopes to rule this week on

whether Ryanair RYA.I can prevent its operations chief Peter Bellew from

joining arch-rival easyJet EZJ.L until 2021. * TULLOW OIL: Ratings agency S&P Global on Friday downgraded Tullow Oil's

TLW.L long-term credit rating to 'B' from 'B+', days after the Africa-focused

company's Chief Executive Officer stepped down and it scrapped its dividend.

* THE HUT GROUP: British online retailer The Hut Group (THG) said it raised

1 billion euros ($1.10 billion) to help fund expansion, amid macro-economic and

political changes arising from Brexit and the general election. * GOLD: Gold prices edged lower on Monday after the United States and China

agreed to a "phase one" trade deal that drove investors towards riskier assets,

although a weaker dollar limited some of bullion's losses. * OIL: Oil prices on Monday slid off near three-month highs hit last week as

investors searched for clarity beyond the initial impact of a trade deal between

the United States and China that's expected to boost flows between the top two

global economies. * The UK blue-chip index rose 1.1% on Friday as a rally in utilities,

retailers, housebuilders and banking stocks offset the drag from sterling, which

surged to a 19-month high against the U.S. dollar, after Prime Minister Boris

Johnson's ruling Conservatives convincingly won a national election.

UK CORPORATE DIARY:

Chemring Group CHG.L Full Year Earnings Release

Sports Direct International SPD.L Half Year Earnings Release

Studio Retail Group STUS.L Half Year Earnings Release

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

LIVE/

TODAY'S UK PAPERS

> Financial Times PRESS/FT

> Other business headlines PRESS/GB

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2024 - Fusion Media Limited. All Rights Reserved.