Get 40% Off
💰 Buffett reveals a $6.7B stake in Chubb. Copy the full portfolio for FREE with InvestingPro’s Stock Ideas toolCopy Portfolios

UK Stocks-Factors to watch on Dec 19

Published 2018-12-19, 02:58 a/m
© Reuters. UK Stocks-Factors to watch on Dec 19
UK100
-
GSK
-
PFE
-
FLYB
-
YU
-

Dec 19 - Britain's FTSE 100 .FTSE index is seen 11 points lower at 6,691, with futures down 0.06 percent ahead of the cash market open on Wednesday.

* GSK: GSK.L plans to split into two businesses -- one for prescription drugs and vaccines, the other for over-the-counter products -- after forming a new joint venture with Pfizer 's PFE (NYSE:PFE).N consumer health division.

VIRGIN ATLANTIC: Virgin Atlantic Ltd said on Wednesday talks with Flybe Group Plc FLYB.L about a potential takeover offer for the British regional airline were ongoing.

YU GROUP: YU Group YU.L , a supplier of gas and electricity to British businesses, said the country's financial watchdog is planning to investigate whether announcements made by the company between March 6 and Oct. 24 reflected its financial status.

GOLD: Gold prices edged higher to a more than five-month peak on Wednesday as a softer dollar supported the bullion while investors awaited cues on the rate hike trajectory of the U.S. central bank from its two-day policy meeting.

OIL: Oil prices rebounded on Wednesday after falling for the past three sessions with worries about oversupply and a slowing global economy keeping markets under pressure though sentiment may be shifting as falling equity markets seemed to stabilise.

The UK blue chip index closed 1.1 percent lower on Tuesday, as perpetuating concerns over slowing global growth and an oversupply of oil spooked investors. For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets

TODAY'S UK PAPERS

> Financial Times

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

PRESS/FT

> Other business headlines

PRESS/GB

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.