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UPDATE 1-UK Stocks-Factors to watch on Dec. 24

Published 24/12/2019, 08:53
© Reuters.  UPDATE 1-UK Stocks-Factors to watch on Dec. 24
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(Adds company news item and updates futures)

Dec 24 (Reuters) - Britain's FTSE 100 futures .FFIC1 were up 0.1%

pre-market on Tuesday.

* TESCO: Australian clothing retailer Cotton On Group on Tuesday said it is

investigating a Chinese supplier after British supermarket operator Tesco PLC

TSCO.L suspended ties with the same supplier due to fears of the use of forced

prison labour. * CENTAMIN: Centamin Plc CEY.L on Monday won approval to give its Canadian

suitor Endeavour Mining EDV.TO more time to make a firm takeover offer, as

shareholder pressure mounted on the London-listed gold miner to engage in talks.

* OIL: Oil prices edged higher in thin pre-Christmas trading after Russia's

energy minister said cooperation with OPEC to support the market would continue

and as analysts forecast a second weekly decline in U.S. crude inventories.

* GOLD: Gold prices rose to their highest in a month-and-a-half, as soft

economic data out of the United States and concerns about an interim Sino-U.S.

trade deal lent support to the safe-haven bullion.

* The UK blue-chip index closed 0.5% higher on Monday in holiday-thinned

trading, while midcaps hovered near all-time highs. 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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