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UPDATE 1-UK Stocks-Factors to watch on Nov 22

Published 22/11/2019, 08:52
© Reuters.  UPDATE 1-UK Stocks-Factors to watch on Nov 22
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(Adds futures, news items)

Nov 22 - Britain's FTSE 100 .FTSE index is seen opening 25 points higher

at 7,264 on Friday, according to financial bookmakers, with futures FFIc1 up

0.4% ahead of the cash market open.

* NATIONWIDE: Nationwide Building Society POB_p.L reported a 33% fall in

profit for the first half of its financial year, as it took a fresh charge for

mis-selling insurance products and saw margins fall in Britain's competitive

mortgage market. * LAND SECURITIES: Land Securities Group LAND.L said on Friday Robert Noel

will step down from his role as chief executive officer, just 10 days after the

British property developer posted a loss for the first half as store closures

took a toll. * RIGHTMOVE: British property website operator Rightmove Plc RMV.L said it

has named Andrew Fisher, former boss of now Apple-owned app Shazam, as its

chairman to succeed Scott Forbes, who has held the role for more than 14 years.

* PLAYTECH: Gambling software maker Playtech Plc PTEC.L said on Friday it

expects full-year adjusted core earnings to fall short of market consensus, as

its division that develops systems for trading was hit by tough conditions.

* BREXIT: British Prime Minister Boris Johnson's Conservative Party election

manifesto will be released by next week, deputy finance minister Rishi Sunak

said. * ST. JAMES'S PLACE: British wealth manager St. James's Place SJP.L on

Thursday named Helena Morrissey, former head of personal investing business at

Legal & General Group LGEN.L , as a non-executive director with effect from

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Jan. 1. * REACH: British media company Reach Plc RCH.L has pulled out of talks to

buy hundreds of local newspaper titles from JPI Media, the Financial Times

reported on Thursday, citing two people briefed on the talks.

* OIL: Oil prices pulled back from their highest levels in nearly two months

on Friday amid continued uncertainty over whether the United States and China

will be able to reach a partial trade deal that would lift some pressure on the

global economy. * GOLD: Gold prices held steady as doubts prevailed over an interim trade

deal being reached between the United States and China this year. * The UK blue chip index shed 0.3% on Thursday on concerns about U.S.-China

relations and the opposition Labour Party's election manifesto plans to raise

taxes on companies and renationalise infrastructure groups. 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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