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UPDATE 1-UK Stocks-Factors to watch on Nov 20

Published 20/11/2020, 08:52
© Reuters.
UK100
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SGE
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(Adds company news items, futures)
Nov 20 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 14
points higher at 6,348 on Friday, according to financial bookmakers, with
futures up 0.01% ahead of cash market open.

* SAGE: British software company Sage SGE.L reported a 3.7% drop in
full-year organic operating profit to 391 million pounds ($519 million),
reflecting investment in cloud services and a 17 million pound bad debt
provision for COVID. * GOLD: Gold prices were set for a second straight weekly fall as the
metal's appeal came under pressure from promising COVID-19 vaccine trials and
news of the U.S. Treasury ending emergency loan programs. * OIL: Oil prices were little changed, on track for a third consecutive
weekly rise, but demand concerns stemming from surging coronavirus cases and
renewed lockdowns in several countries capped any further gains. * The UK blue-chip index .FTSE closed 0.8% lower on Thursday as
uncertainty over a post-Brexit trade deal with the European Union and surging
COVID-19 infections sparked fears of more damage to an already-faltering
domestic economic recovery. For more on the factors affecting European stocks, please click on:
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