UPDATE 1-UK Stocks-Factors to watch on Dec 2

  • Reuters
  • Stock Market News
UPDATE 1-UK Stocks-Factors to watch on Dec 2
Credit: © Reuters.

(Adds futures, news items)

Dec 2 - Britain's FTSE 100 .FTSE index is seen opening 21 points lower at 6,364 on Wednesday, according to financial bookmakers, with futures down 0.24% ahead of the cash market open.

* COVID-19: Britain became the first country in the world to approve the Pfizer-BioNTech COVID-19 vaccine for use and said that it will be rolled out from early next week. STOCK SPIRITS: Vodka maker Stock Spirits STCK.L posted a higher annual core profit and proposed a special dividend as people stuck at home due to COVID-19 opted for the company's local brands, while the so-called "staycations" helped boost demand during the summer. G4S (CSE: G4S ): Canada's GardaWorld has raised its offer for security group G4S GFS.L to 235 pence per share, valuing the British company at 3.68 billion pounds ($4.94 billion), the company said. TESCO: Tesco TSCO.L , will repay the British government and devolved administrations 585 million pounds ($785 million) of COVID-19 pandemic business rates relief, the company said. WIZZ AIR: Wizz Air WIZZ.L said passenger numbers were down 85% in November compared to the same month last year as restrictions related to the pandemic prolonged the travel slump. GOLD: Gold eased as doubts over the progress of a U.S. stimulus package made investors cautious, with further pressure added by reports of developments on a COVID-19 vaccine. OIL: Oil prices extended losses, hit by a surprise build in oil inventories in the United States and as OPEC and its allies left markets in limbo by delaying a formal meeting to decide whether to increase output in January. The UK blue-chip index .FTSE closed 1.9% higher on Tuesday as upbeat Chinese factory data fuelled hopes for a global economic recovery from the COVID-19 crisis. For more on the factors affecting European stocks, please click on: LIVE/


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