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UK Stocks-Factors to watch on Nov 28

Published 28/11/2019, 06:35
© Reuters.  UK Stocks-Factors to watch on Nov 28
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Nov 28 (Reuters) - Britain's FTSE 100 .FTSE index is expected to open 23

points lower at 7,407 on Thursday, according to financial bookmakers.

* HSBC: HSBC HSBA.L aims to shift $20 billion worth of assets to a new

blockchain-based custody platform by March, in one of the biggest deployments

yet of the widely-hyped but still unproven technology by a global bank.

* BREXIT: Britain's Dec. 12 election could well result in another parliament

where no party commands a majority, Prime Minister Boris Johnson's top advisor

Dominic Cummings said on Wednesday. * BREXIT: Prime Minister Boris Johnson's lead over the opposition Labour

Party has fallen to seven points ahead of the Dec. 12 election, according to a

Savanta ComRes poll for the Daily Telegraph newspaper on Wednesday. * UK AUTOMOTIVE OUTPUT: British automotive output dropped by an annual 4% in

October, the 16th month out of the last 17 to record a fall, as demand from both

domestic and overseas buyers decreased, according to a trade body. * UK BUSINESS SERVICES: Profits at British professional and business

services firms dropped by the most since 2011 for a second quarter running and

businesses are cutting back on investment, the Confederation of British Industry

said. * OIL: Oil prices fell, extending losses from the previous session after

official data showed U.S. crude and gasoline stocks rose against expectations

and production hit a record. * GOLD: Gold rose as investors bought the safe-haven metal amid new doubts

about whether the United States and China will sign a trade deal after President

Donald Trump signed legislation supporting protesters in Hong Kong, irking

Beijing. * EX-DIVS: International Consolidated Airlines ICAG.L , JD Sports Fashion

JD.L , Johnson Matthey JMAT.L , Land Securities LAND.L , National Grid

NG.L , Severn Trent SVT.L and Vodafone Group VOD.L will trade without

entitlement to their latest dividend pay-out on Thursday, trimming 8 points off

the FTSE 100 according to Reuters calculations * The UK blue-chip index hit a near four-month high on Wednesday as recent

risk-on sentiment was bolstered after U.S. President Donald Trump said

Washington and Beijing were close to a "phase one" trade deal, while an

impressive forecast lifted BAT shares. UK CORPORATE DIARY:

Sabien Technology Group SNT.L FY 2019 Earnings Release

Jangada Mines PLC JANJ.L FY 2019 Earnings Release

Go-Ahead Group PLC GOG.L Trading Statement Release

Impax Asset Management IPX.L FY 2019 Earnings Release

PayPoint plc PAYP.L HY 2019 Earnings Release

XPS Pensions Group XPS.L HY 2019 Earnings Release

Virgin Money UK VMUK.L FY 2019 Earnings Release

TODAY'S UK PAPERS

> Financial Times PRESS/FT

> Other business headlines PRESS/GB

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