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UK Stocks-Factors to watch on Dec 23

Published 23/12/2019, 07:07
© Reuters.  UK Stocks-Factors to watch on Dec 23

Dec 23 (Reuters) - Britain's futures .FFIC1 were down 0.10% pre-market on

Monday.

* BREXIT: The European Union's central interest in forging a free trade

agreement with Britain is to agree common social and environmental standards and

avoid a "race to the bottom", the EU chief Brexit negotiator wrote in an opinion

piece. * GSK: GlaxoSmithKline's GSK.L HIV drugs division ViiV Healthcare said on

Saturday that the U.S. Food and Drug Administration declined to approve its long

acting HIV injection. * COBHAM: The British government has approved Advent International's $5

billion purchase of defence company Cobham Plc COB.L after the U.S. private

equity group offered a number of commitments to address national security

concerns. * TESCO: British supermarket giant Tesco TSCO.L suspended a Chinese

supplier of Christmas cards on Sunday after a press report said a customer found

a message written inside a card saying it had been packed by foreign prisoners

who were victims of forced labour. * OIL: Oil prices slipped on Monday, but held near recent three-month highs

amid optimism that the United States and China are close to signing a trade

deal, with President Donald Trump saying an agreement would be signed "very

shortly". * GOLD: Gold prices edged up in low-volume trading, ahead of the Christmas

and New Year holidays, as investors awaited solid developments on the U.S.-China

trade front.

* The FTSE 100 .FTSE closed up 0.1% on Friday as shares of exporters

continued to benefit from a pound that is subdued amid renewed concerns about a

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chaotic Brexit at the end of 2020. UK CORPORATE DIARY:

Income and Growth VCT IGVI.L Full Year 2019 Earnings Release

JPMorgan Indian Investment JII.L Full Year 2019 Earnings Release

Trust

* 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

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