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UK Stocks-Factors to watch on Dec. 9

Published 12/09/2019, 01:57 PM
Updated 12/09/2019, 02:00 PM
UK Stocks-Factors to watch on Dec. 9
UK100
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TSCO
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MNG
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Dec 9 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 18 points
lower at 7,222 on Monday, according to financial bookmakers.

* 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% 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 CORPORATE DIARY:
Schroder European Real SERE.L FY Earnings Release
Estate Investment Trust
Panoply Holdings TPXT.L HY Earnings Release
Edinburgh Investment EDIN.L HY Earnings Release
Trust
Scottish Investment Trust SCIN.L FY Earnings Release

TODAY'S UK PAPERS
> Financial Times PRESS/FT
> Other business headlines PRESS/GB

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