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UK Stocks-Factors to watch on Jan. 2

Published 02/01/2020, 06:57
Updated 02/01/2020, 07:00
© Reuters.  UK Stocks-Factors to watch on Jan. 2
UK100
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BATS
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Jan 2 - Britain's FTSE 100 .FTSE index is seen opening up 25 points to

7,568 on Thursday, according to financial bookmakers.

* GSK: Drugmakers including Pfizer Inc PFE.N , GlaxoSmithKline PLC GSK.L

and Sanofi SA SASY.PA are planning to hike U.S. list prices on more than 200

drugs in the United States on Wednesday, according to drugmakers and data

analyzed by healthcare research firm 3 Axis Advisors. * VAPING: U.S. President Donald Trump said on Tuesday that his

administration would be unveiling a decision shortly on vaping, and said certain

flavors would still come off the market but hopefully then return soon.

* BREXIT: Prime Minister Boris Johnson said he would bring his divided

nation back together next year when Britain leaves the European Union, telling

Britons they were set for a "fantastic year and a remarkable decade".

* LLOYDS BANKING GROUP: Britain's Lloyds Banking Group LLOY.L suffered an

outage on Wednesday that left customers of its Lloyds, Halifax and Bank of

Scotland operations unable to access accounts online for several hours.

* OIL: Oil prices kicked off the new year higher on Thursday as warming

trade relations between the United States and China eased demand concerns, while

rising tensions in the Middle East fuelled worries about supply. * GOLD: Gold prices edged higher on Thursday as the dollar hovered near a

six-month low hit on New Year's Eve amid bets U.S. economic outperformance could

be coming to an end. * The UK blue-chip index .FTSE closed down 0.6% on Tuesday, as traders

booked year-end profits after the index's best run in three years and as a

stronger pound hit shares of exporter firms such as BAT BATS.L and AstraZeneca

AZN.L lower. * 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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