UK Stocks-Factors to watch on Nov 18
Nov 18 (Reuters) -Britain's FTSE 100 .FTSE index is seen opening higher on Monday, with futures FFIc1 up 0.26%.
* HOME PRICES: Asking prices for British homes fell over the last month by more than is usual for the time of year, online property portal Rightmove said on Monday, although it forecast a new upswing in the market for 2025.
* BIRD FLU: Britain said on Sunday it had confirmed a strain of the H5N1 bird flu virus in commercial poultry at premises near the town of St Ives in southwest England.
* FRASERS: Billionaire Mike Ashley-owned Frasers Group FRAS.L is set to appoint Jon Thompson, the former head of Britain's audit watchdog, as its chairman in 2025, Sky News reported on Friday.
* OIL: Oil prices edged up on Monday after fighting between Russia and Ukraine intensified over the weekend, while concerns about fuel demand in China, the world's second-largest consumer, and forecasts of a global oil surplus weighed on markets.
* GOLD: Gold prices rose on Monday after last week's sharp declines, as a rally in the dollar paused, while market participants awaited comments from Federal Reserve officials this week for more clues on the U.S. interest rate path.
* The main UK stock indexes slipped on Friday, with losses in AstraZeneca and GSK weighing on the blue-chip FTSE 100, while data showed Britain's economy contracted unexpectedly in September.
* UK CORPORATE DIARY:
Telkom | TKGJ.J | HY results |
Melrose Industries | MRON.L | Trading update |
* 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
Reporting by Yamini Kalia in Bengaluru
Related Assets
Latest News
Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.
All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.
Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.
