Latest News

UK News

Click Here to read UK News

Forex News

Click Here to read Forex News

Market News

Click Here to read Market News

Irish News
/fxcentre/i-want-to/read-news
UK Stocks-Factors to watch on Dec. 6
Published at 06/12/2018 at 05:47

Dec 6 - Britain's FTSE 100 index is seen opening 72 points lower at 6,850 points on Thursday, according to financial bookmakers.

* OIL: Oil prices dipped on Thursday in tepid trading ahead of a meeting by producer group OPEC that is expected to result in a supply cut aimed at draining a glut that has pulled down crude prices by 30 percent since October.

* GOLD: Gold prices edged higher early on Thursday as the dollar eased amid a spike in risk aversion, while palladium further bolstered its premium over the bullion.

* THOMAS COOK: Thomas Cook's shares climbed 45 percent on hopes that it would not need to issue new equity, although its bond prices extended their losses to record lows on Wednesday, amid deepening worries about the UK travel group's debt.

* BARCLAYS: Britain's Barclays expects to have grown its Swiss private banking business by more than 10 percent this year and is looking to expand further in Switzerland in 2019.

* BP: International energy group BP plans to shut two oil producing platforms in Azerbaijan for up to 15 days in 2019 for planned maintenance, BP Azerbaijan's vice president said on Wednesday.

* EX-DIVS: Next Plc and Royal Mail Plc will trade without entitlement to their latest dividend pay-out on Thursday, trimming 0.57 points off the FTSE 100 according to Reuters calculations.

* The UK blue chip index closed 100.92 points lower at 6921.84 points on Wednesday, as worries about slowing growth and trade wars weighed on sentiment.

* UK CORPORATE DIARY:

DS Smith Plc SMDS.L Half-year results

Clipper Logistics Plc CLG.L Half-year results

Henderson European Focus Trust Plc HEFT.L Full-year results

TODAY'S UK PAPERS

> Financial Times

> Other business headlines

(Reporting by Adil Bhat in Bengaluru)

((AdilSubzar.Bhat@thomsonreuters.com ; within UK +44 20 7542 1810; Outside UK +91 80 6749 3638) )))