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UK Stocks-Factors to watch on Dec. 6

Published 06/12/2019, 06:36
Updated 06/12/2019, 06:45
© Reuters.  UK Stocks-Factors to watch on Dec. 6
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Dec 6 - Britain's FTSE 100 .FTSE index is seen opening 18 points higher at

7,156 on Friday, according to financial bookmakers.

* GLENCORE: The UK's Serious Fraud Office (SFO) has launched a bribery

investigation into Glencore GLEN.L , adding to legal troubles that have hit the

shares of one of the world's biggest miners and commodity traders. * CENTAMIN: Endeavour Mining's EDV.TO top boss said on Thursday the

Canadian firm was reaching out to Centamin CEY.L shareholders to back its $1.9

billion merger plan, days after the British gold miner's board rejected the

all-stock proposal. * WPP: WPP WPP.L said on Thursday it had completed the sale of 60% of data

analytics business Kantar to private equity firm Bain Capital and would return

about $1.2 billion to shareholders via a share repurchase programme.

* GOLD: Gold was en route to a weekly gain on Friday as uncertainty about

the fate of U.S.-China trade deal gripped investors ahead of a U.S. jobs report

that could offer further insight on the state of the American economy.

* OIL: Oil slipped in early Asian trade on Friday, with U.S. crude moving

further away from a two-month high after OPEC agreed to increase output curbs in

early 2020 but failed to promise further steps after March. * The UK blue chip index closed down 0.7% on Thursday due to a 9% plunge in

Glencore after news of a bribery investigation and as dollar earners fell with

sterling gaining on growing hopes that the upcoming election will not result in

a hung parliament. UK CORPORATE DIARY:

Berkeley Group Holdings Plc BKGH.L HY earnings release

Weir Group Plc WEIR.L Capital Markets Day

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

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TODAY'S UK PAPERS

> Financial Times PRESS/FT

> Other business headlines PRESS/GB

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