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UK Stocks-Factors to watch on Nov 29

Published 11/29/2019, 01:40 PM
UK Stocks-Factors to watch on Nov 29
UK100
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Nov 29 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 21
points lower at 7,396 on Friday, according to financial bookmakers.

* ROYAL MAIL: Britain's Royal Mail RMG.L on Thursday confirmed that its
biggest union lost an appeal to overturn a High Court injunction to stop a
strike ahead of a general election and the holiday season next month.
* CONSUMER CONFIDENCE: British consumer confidence remained stuck at its
joint-lowest level since 2013 in November as uncertainty around the Dec. 12
election and Brexit weighed on households, a survey showed. * GOLD: Gold prices were little changed on Friday, but remained on track for
their worst month in three years as hopes for a preliminary U.S.-China trade
deal buoyed demand for riskier assets and the dollar. * OIL: Oil prices were steady in quiet trade with the U.S. Thanksgiving
holiday underway, while investors awaited a meeting of OPEC and its allies next
week that may result in the extension of a production cut agreement to support
the market. * The UK blue-chip index retreated from a near four-month high on Thursday,
weighed down by stocks trading ex-dividend and as U.S. ratification of
legislation on Hong Kong raised concerns that progress in trade talks with China
may be undone. UK CORPORATE DIARY:
Jangada Mines JANJ.L FY 2019 Earnings Release
TODAY'S UK PAPERS
> Financial Times PRESS/FT
> Other business headlines PRESS/GB

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