⌛ Did you miss ProPicks’ 13% gains in May? Subscribe now & catch June’s top AI-picked stocks early.Unlock Stocks

UPDATE 1-UK Stocks-Factors to watch on Nov 13

Published 13/11/2019, 08:45
© Reuters.  UPDATE 1-UK Stocks-Factors to watch on Nov 13
UK100
-
TLW
-
JDW
-
ULVR
-
SSE
-
NG
-
TW
-
UK100
-
MUL
-
OSBO
-
WIZZ
-

(Adds futures, news items)

Nov 13 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 26

points lower at 7,340 on Wednesday, according to financial bookmakers, with

futures FFIc1 down 0.6% ahead of the cash market open.

* UNILEVER: Consumer goods giant Unilever ULVR.L , UNc.AS named

non-executive director Nils Andersen as its new chairman, replacing Marijn

Dekkers who has decided to step down immediately. * SSE: Utility SSE Plc SSE.L posted higher first-half adjusted pretax

profit, but warned that uncertainties around the UK general election next month

and the opposition Labour Party's campaign for sector's nationalisation posed a

challenging environment. * MULBERRY: British luxury brand Mulberry MUL.L said its first-half loss

had widened, blaming investment costs and a tough UK trading environment.

* TAYLOR WIMPEY: Britain's third-largest homebuilder Taylor Wimpey Plc

TW.L said it continued to see good demand for its homes in the second half,

even as the market grappled with Brexit worries and rising costs. * WIZZ AIR: Wizz Air Holdings Plc WIZZ.L raised the bottom end of its

annual profit forecast, months after it boosted its capacity, as the budget

airline benefits from a strong start to the year while struggling rivals cut

expansion plans. * ONESAVINGS BANK: Lenders OneSavings Bank Plc OSBO.L and Charter Court

Financial reported bigger loan portfolios for the nine-month period in their

first results after their merger. * J D WETHERSPOON: Pub operator J D Wetherspoon Plc JDW.L posted higher

first-quarter total sales, as customers spent more money at its nearly 900 pubs

across Britain and Ireland. * TULLOW OIL: Africa-focussed Tullow Oil TLW.L cut its 2019 oil production

outlook and forecast lower free cash flow for the year due to problems at its

Ghana fields. * NATIONAL GRID: New York Governor Andrew Cuomo on Tuesday gave UK energy

company National Grid Plc NG.L 14 days to explain why the state should not

revoke the utility's certificate to operate its gas franchise in downstate New

York, saying that it had failed to provide "adequate and reliable service."

* GOLD: Gold prices rose on Wednesday after a speech by U.S. President

Donald Trump dashed hopes for a positive sign on a U.S.-China trade deal,

prompting investors to seek safety in the metal. * OIL: Oil prices dipped on Wednesday as prospects for a trade deal between

the United States and China dimmed, weighing on the outlook for the global

economy and energy demand. * The UK blue-chip index closed up 0.5% on Tuesday as renewed hopes of a

U.S.-China trade resolution and a more than 3% rise in shares of telecom giant

Vodafone helped it bounce back. 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

Latest comments

Loading next article…
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.