Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

UPDATE 1-UK Stocks-Factors to watch on Nov 9

Published 09/11/2020, 08:49
Updated 09/11/2020, 08:54
© Reuters.

(Adds company news items, futures)
Nov 9 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 71 points
higher at 5,981 on Monday, according to financial bookmakers, with futures up
1.20% ahead of cash market open.

* ON THE BEACH: Holiday package provider On The Beach OTB.L warned of a
hit to seat capacity due to England's four-week ban on international leisure
travel, and said annual adjusted pretax profit is at break-even
levels. * COUNTRYWIDE: Real estate agent Countrywide Plc CWD.L said it has
received an early-stage approach from real estate management firm Connells Ltd
to buy the British firm for 250 pence a share. * DIGNITY: Funeral services provider Dignity Plc DTY.L said its revenue
rose 4% in the nine months this year as it conducted more burials and cremations
and added that it had deferred the search for a new chief executive
officer. * TP ICAP: TP ICAP TCAPI.L , the world's biggest inter-dealer broker, said
global revenue fell 19% in the third quarter and detailed plans of a
restructuring which will save 35 million pounds ($46.18 million) annually from
the end of next year. * FIRSTGROUP: British transport company FirstGroup FGP.L said it had
agreed covenant amendments with its lending banks and other investors for two
tests next year as part of plan to be prudent during the pandemic. * POLYMETAL: Russian gold and silver producer Polymetal POLYP.L has
increased its 2020 capex plan to $540 million, the company said in a
presentation. * GOLD: Gold prices firmed, bolstered by a weaker dollar and hopes of more
coronavirus stimulus measures under U.S. President-elect Joe Biden. * OIL: Oil prices gained more than 2%, with Brent futures rising above $40 a
barrel, after Joe Biden clinched the U.S. presidency and buoyed risk appetite,
offsetting worries about impact on fuel demand from the worsening coronavirus
pandemic. * The UK blue-chip index .FTSE closed 0.1% higher on Friday, although
gains were limited by concerns over surging coronavirus cases and a Brexit-trade
deal, while investors waited for the outcome of a close U.S. presidential
election race. 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

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Latest comments

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.