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UK Stocks-Factors to watch on Dec. 2

Published 12/02/2019, 02:30 PM
Updated 12/02/2019, 02:32 PM
UK Stocks-Factors to watch on Dec. 2
UK100
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INVP
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INLJ
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Dec 2 - Britain's FTSE 100 .FTSE index is seen opening up 32 points higher
at 7,378
on Monday, according to financial bookmakers.
* INVESTEC: Anglo-South African financial services group Investec INVP.L ,
INLJ.J expects to raise about 189 million pounds ($242 million) from the sale
of around 10% of its asset management business, which will be renamed Ninety One
when it is spun off in March. * GOLD: Gold prices fell on Monday as investors turned to riskier assets on
signs of economic growth following reports of an expanding Chinese factory
sector and a rising dollar reduced demand. * OIL: Oil prices rose more than 1% on Monday as signs of rising
manufacturing activity in China pointed to increasing fuel demand, and hints
that OPEC may deepen output cuts at its meeting this week indicated supply may
tighten next year. * The UK blue chip index closed down 0.9% after a poll showed the
Conservative Party's lead over the opposition Labour Party had narrowed ahead of
Britain's Dec. 12 election. For more on the factors affecting European stocks, please click on:
LIVE/
TODAY'S UK PAPERS
> Financial Times PRESS/FT
> Other business headlines PRESS/GB

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