UK Stocks-Factors to watch on Nov 25

  • Reuters
  • Stock Market News
UK Stocks-Factors to watch on Nov 25
Credit: © Reuters.

Nov 25 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening flat to 9 points lower, or down as much as 0.1 percent, on Friday, according to financial bookmakers.

* The UK blue chip index closed broadly flat on Thursday, with some firms including National Grid NG.L falling after trading without the attraction of their latest dividend payouts. RIO TINTO: Rio Tinto RIO.AX RIO.L Chief Executive Jean-Sébastien Jacques said on Friday the election of Donald Trump as President of the United States could help boost commodities demand and cut red tape, boosting the mining industry. BHP BILLITON: BHP Billiton BHP.AX BLT.L and Vale Sa VALE5.SA have each approved $181 million to fund remediation and compensation programs at the Samarco iron ore joint venture in Brazil following a deadly mine disaster in November 2015. UK WAGE GROWTH: Britain's wage growth prospects look "dreadful", a leading think tank said on Thursday, after official economic forecasts showed workers were unlikely to recoup losses suffered after the financial crisis within the next five years. OIL: Oil prices were little changed on Thursday ahead of next week's meeting of the Organization of the Petroleum Exporting Countries (OPEC) to discuss implementation of its proposed cap on production. O/R

* For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets



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