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UK Stocks-Factors to watch on Nov 25

Published 25/11/2019, 06:30
UK Stocks-Factors to watch on Nov 25

Nov 25 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 24

points higher at 7,351 on Monday, according to financial bookmakers.

* BP/GLENCORE: Russian oil producer Surgutneftegaz SNGS.MM has sold four

740,000-barrel cargoes of ESPO blend crude ESPO-DUB for loading in the second

half of January at lower premiums via two spot tenders last week, trade sources

said. The buyers were likely BP BP.L , Glencore GLEN.L , and ChinaOil.

* BREXIT: Prime Minister Boris Johnson, facing a Dec. 12 election, promised

23.5 billion pounds ($30.15 billion) of "sensible" tax cuts and extra day-to-day

spending which he sought to contrast with the opposition Labour Party's much

more radical plans. * WOODFORD: Market watchdogs in the European Union will launch coordinated

checks next year on whether asset managers are flouting liquidity rules after

the shuttered Woodford fund in Britain has raised questions, a top EU regulator

said on Friday. * Oil prices began the week on a brighter note, posting early gains as

positive noises from Washington over the weekend rekindled optimism in global

markets that the United States and China could soon sign a deal to end their

bitter trade war. * GOLD: Gold prices edged down to a one-week low after the United States and

China expressed willingness to sign an initial trade deal by the year-end,

lifting demand for riskier assets and boosting the dollar. * The UK blue chip index .FTSE surged more than 1% on Friday after two

days of selling, as investors turned cautiously optimistic about a Sino-U.S.

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trade deal and exporter stocks rose after the pound weakened on downbeat U.K.

Purchasing Managers' Indexes (PMI) data. UK CORPORATE DIARY:

Mobeus Income & Growth 2 VCT MIG.L HY Earnings Release

Walker Crips Group WCW.L HY Earnings Release

JPMorgan Japanese Investment JFJ.L FY Earnings Release

Trust

Jpmorgan European Investment JETi.L HY Earnings Release

Trust

Templeton Emerging Markets TEM.L HY Earnings Release

Investment Trust

Northern Bear NTBR.L HY Earnings Release

Cake Box Holdings CBOX.L HY Earnings Release

D4t4 Solutions D4T4.L HY Earnings Release

Baring Emerging Europe BEE.L FY Earnings Release

Edinburgh Investment Trust EDIN.L HY Earnings Release

Shearwater Group SWGS.L HY Earnings Release

Polar Capital Holdings POLR.L HY Earnings Release

European Investment Trust EUTP.L FY Earnings Release

Fidelity China Special FCSS.L HY Earnings Release

Situations

Daejan Holdings PLC DJAN.L HY Earnings Release

TR Property Investment Trust TRY.L HY Earnings Release

TODAY'S UK PAPERS

> Financial Times PRESS/FT

> Other business headlines PRESS/GB

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