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UK Stocks-Factors to watch on Dec. 5

Published 05/12/2019, 07:12
Updated 05/12/2019, 07:18
© Reuters.  UK Stocks-Factors to watch on Dec. 5
UK100
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BP
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NXT
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VCTX
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DMGOa
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IGG
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SDR
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SMDS
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MTRO
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AJBA
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MNG
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Dec 5 - Britain's FTSE 100 .FTSE index is seen opening flat at 7,189 on

Thursday, according to financial bookmakers.

* METRO BANK: Metro Bank MTRO.L Chief Executive Craig Donaldson is leaving

after a torrid year in which the British lender was engulfed in a damaging

accounting scandal that has also cost it its chairman and wiped 90% off its

market value. * BP: BP Plc BP.L said on Wednesday it would supply renewable energy to

Amazon.com Inc's AMZN.O European data centres that drive the technology giant's

cloud platform. * M&G INVESTMENTS: The British fund manager MNG.L suspended dealing in its

flagship UK property fund on Wednesday, blaming Brexit uncertainty and weakness

in the retail sector for a surge in investor requests to cash out. * SCHRODERS: The British asset manager SDR.L is restructuring its business

to put more emphasis on growth areas such as private assets and wealth

management, it said on Wednesday, in a move that will lead to job cuts.

* EX-DIVS: Next NXT.L will trade without entitlement to its latest

dividend pay-out on Thursday, trimming 0.29 points off the FTSE 100 according to

Reuters calculations. * The UK blue chip index closed up 0.4% higher on Wednesday as a report that

the United States and China were moving closer to a trade deal lifted demand for

risky assets. UK CORPORATE DIARY:

IG Group Holdings Plc IGG.L Pre-close trading statement

DS Smith Plc SMDS.L HY Earnings Release

Daily Mail and General Trust Plc DMGOa.L FY Earnings Release

Victrex Plc VCTX.L Prelim 2019 Earnings Release

AJ Bell Plc AJBA.L HY 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

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