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UPDATE 1-UK Stocks-Factors to watch on Dec. 2

Published 12/02/2019, 03:47 PM
Updated 12/02/2019, 03:48 PM
UPDATE 1-UK Stocks-Factors to watch on Dec. 2
UK100
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UK100
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OCDO
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TED
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JE
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TKWY
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(Adds company news items and futures.)
Dec 2 - Britain's FTSE 100 .FTSE index is seen opening up 32 points higher
at 7,378 on Monday, according to financial bookmakers, with futures .FFIc1
flat ahead of the cash market open.
* JUST EAT: Investors in Just Eat JE.L should back the all-share merger
with Takeaway.com TKWY.AS unless rival bidder Prosus lifts its offer for the
food delivery platform to 925 pence per share, one of its biggest shareholders
said on Monday. * TED BAKER: British fashion retailer Ted Baker TED.L said on Monday it
may have overstated inventory worth about 20 million pounds to 25 million
pounds. * OCADO: British online grocer and technology company Ocado OCDO.L has
launched a 500 million pounds ($642 million) bond issue, partly to finance
capital expenditure related to its international partnership deals, it said on
Monday. * 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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