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UK Stocks-Factors to watch on Dec. 9

Published 09/12/2019, 06:57
Updated 09/12/2019, 07:00
© Reuters.  UK Stocks-Factors to watch on Dec. 9
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Dec 9 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 18 points

lower at 7,222 on Monday, according to financial bookmakers.

* TESCO: Britain's biggest retailer, Tesco TSCO.L , has signalled a further

retreat from its once lofty global ambitions by starting a review of its

remaining Asian businesses, which could result in a sale of those Thai and

Malaysian operations. * M&G: M&G's MNG.L life and pensions arm said it has suspended a 164

million pound property fund, days after the British fund manager froze dealing

in its 2.5 billion pound ($3.21 billion) flagship UK property fund. * BREXIT: British Prime Minister Boris Johnson's Conservative Party extended

its lead over the Labour Party to 14 percentage points, up from 9 percentage

points a week ago, an opinion poll by Survation for ITV's Good Morning Britain

showed. * OIL: Oil prices fell after data showed China's overall exports of goods

and services shrank for a fourth straight month, sending shivers through a

market already concerned about damage being down to global demand by the

Sino-U.S. trade war. * GOLD: Gold was steady as investors awaited cues from the U.S. Federal

Reserve on interest rates later this week, while trying to size up the chances

of a new round of U.S. tariffs on Chinese goods. * The main bourse .FTSE advanced 1.4% with gains across the board as

optimism around the Sino-U.S. trade talks rose, but recent mixed signals on

prospects of a deal still led the index to its worst week in two months.

UK CORPORATE DIARY:

Schroder European Real SERE.L FY Earnings Release

Estate Investment Trust

Panoply Holdings TPXT.L HY Earnings Release

Edinburgh Investment EDIN.L HY Earnings Release

Trust

Scottish Investment Trust SCIN.L FY Earnings Release

TODAY'S UK PAPERS

> Financial Times PRESS/FT

> Other business headlines PRESS/GB

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