UPDATE 1-UK Stocks-Factors to watch on Dec. 9

  • Reuters
  • Stock Market News
UPDATE 1-UK Stocks-Factors to watch on Dec. 9
Credit: © Reuters.

(Adds company news items and futures)

Dec 9 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 18 points lower at 7,222 on Monday, according to financial bookmakers, with futures FFIc1 down 0.2% ahead of the cash market open.

* AMIGO HOLDINGS: British subprime lender Amigo Holdings Plc AMGO.L said that its Chief Executive Officer Hamish Paton is stepping down after less than five months in the job. PROSUS: Prosus PRX.AS , the Dutch-based technology giant, has raised its unsolicited offer for British food delivery service Just Eat JE.L to 740 pence per share, valuing the company at around 5.05 billion pounds ($6.48 billion), it said. SENIOR: British engineering firm Senior Plc SNR.L said it has been reviewing options for its aerostructures business, including a potential sale. TULLOW OIL: Tullow Oil Plc TLW.L said its Chief Executive Officer Paul McDade has resigned and the oil and gas explorer also scrapped its dividends, as it continues to face issues at its fields in Ghana. TESCO: Britain's biggest retailer, Tesco TSCO.L , has signalled a further retreat from its once lofty global ambitions by starting a review of its remaining Asian businesses, which could result in a sale of those Thai and Malaysian operations. M&G: M&G's MNG.L life and pensions arm said it has suspended a 164 million pound property fund, days after the British fund manager froze dealing in its 2.5 billion pound ($3.21 billion) flagship UK property fund. BREXIT: British Prime Minister Boris Johnson's Conservative Party extended its lead over the Labour Party to 14 percentage points, up from 9 percentage points a week ago, an opinion poll by Survation for ITV's Good Morning Britain showed. OIL: Oil prices fell after data showed China's overall exports of goods and services shrank for a fourth straight month, sending shivers through a market already concerned about damage being down to global demand by the Sino-U.S. trade war. GOLD: Gold was steady as investors awaited cues from the U.S. Federal Reserve on interest rates later this week, while trying to size up the chances of a new round of U.S. tariffs on Chinese goods. The main bourse .FTSE advanced 1.4% on Friday, with gains across the board, as optimism around the Sino-U.S. trade talks rose, but recent mixed signals on prospects of a deal still led the index to its worst week in two months. UK PAPERS

> Financial Times

PRESS/FT

> Other business headlines

PRESS/GB

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or

100

Related Articles