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UPDATE 1-UK Stocks-Factors to watch on Dec. 3

Published 03/12/2019, 08:49
Updated 03/12/2019, 08:55
© Reuters.  UPDATE 1-UK Stocks-Factors to watch on Dec. 3

(Adds company news items)

Dec 3 - Britain's futures were down 0.02% ahead of cash markets open on

Tuesday.

* FERGUSON: Plumbing parts distributor Ferguson Plc FERG.L reported a 9%

rise in first-quarter profit, boosted by a rise in residential housing activity

in the United States. * INMARSAT: Hedge fund investors in Inmarsat ISA.L said they would not

object to the satellite company's takeover by a private equity-led consortium at

a court hearing after the buyers said on Monday they would not increase or

extend their offer. * CINEWORLD: UK-based international cinema chain Cineworld Group Plc

CINE.L warned that revenue for the full year is expected to be slightly below

the company's expectations due to weaker box office demand. * CENTAMIN: Canada's Endeavour Mining Corp EDV.TO said it plans to take

its 1.47 billion pound ($1.89 billion) buyout offer for Centamin Plc CEY.L

directly to shareholders, after the British gold miner refused to discuss the

bid. * GOLD: Gold prices were trading in a narrow range as investors stayed on

the sidelines, even as U.S. President Donald Trump's move to slap tariffs on

Brazil and Argentina stoked fresh global trade tensions. * OIL: Oil prices rose as OPEC and its allies discuss whether to deepen a

supply cut pact ahead of meetings this week, although prospects after Saudi

Arabia's planned listing of Aramco fuelled uncertainty for traders, limiting

gains. * The UK blue chip index closed down 0.8% on Monday as a combination of U.S.

President Donald Trump setting off global trade worries and disappointing data

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from the world's biggest economy doused the morning's cheer.

* 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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