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UK Stocks-Factors to watch on Dec 29

Published 12/29/2020, 02:47 PM
Updated 12/29/2020, 02:50 PM
© Reuters.
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Dec 29 (Reuters) - Britain's FTSE 100 futures index FFIc1 was up 1.15% on
Tuesday.

* PETROPAVLOVSK: Pavel Maslovskiy, the co-founder and former chief executive
at London-listed Russian gold miner Petropavlovsk POG.L , has been charged with
alleged embezzlement and detained pending trial, Interfax news agency quoted a
Moscow court as saying. * BREXIT: Prime Minister Boris Johnson welcomed Britain's trade deal with
the European Union as a new starting point for relations with the bloc in a call
with the President of the European Council Charles Michel on Monday.
* OIL: Oil rose on Tuesday, for the third time in four sessions, on
expectations for rising fuel demand as the United States may expand pandemic aid
payments and a final Brexit deal is set to stabilize trade between Europe and
the UK. * GOLD: Gold inched higher on Tuesday as a softer dollar underpinned the
metal, with market participants looking forward to a U.S. Senate vote on
increased pandemic aid. * The UK blue-chip index .FTSE gave back most of its gains to end
marginally higher as the pound's rise weighed on dollar-earners' shares on
Thursday. Domestically focused UK shares jumped about 1% in Thursday's shortened
trading session in anticipation that Britain and the European Union would
announce a trade pact to avoid a chaotic separation at the end of the year.
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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