UK Stocks-Factors to watch on Dec. 17

Published 2019/12/17, 07:40
Updated 2019/12/17, 07:42
UK Stocks-Factors to watch on Dec. 17

Dec 17 - Britain's FTSE 100 .FTSE index is expected to open 1 point lower at 7,518 on Tuesday, according to financial bookmakers.

* BANKS: The Bank of England said on Monday it planned to adjust the rules on how much capital British banks must hold, to allow them to keep lending in an economic crisis and also said the unrest in Hong Kong led to as much as $5 billion of capital outflow from investment funds in the Asian financial hub since April. BOEING SUPPLIERS/AIRLINES: Boeing (NYSE:BA) Co BA.N said on Monday it would suspend production of its best-selling 737 MAX jetliner in January, its biggest assembly-line halt in more than 20 years, as fallout from two fatal crashes of the now-grounded aircraft drags into 2020. GSK: GlaxoSmithKline GSK.L said on Monday it had applied for U.S. approval for its experimental multiple myeloma drug that showed meaningful response in nearly a third of patients, setting up a battle against Johnson & Johnson JNJ.N and Genmab's Darzalex. IAG (LON:ICAG): British Airways pilots have voted to accept an agreement to end a dispute over pay which resulted in the first walkout by pilots in the airline's history, the British Airline Pilots' Association (BALPA) said on Monday. GOLD: Gold prices were rangebound on Tuesday, as lack of concrete details about the interim U.S.-China trade deal kept investors from making firm bets. OIL: Oil prices trickled a fraction lower on Tuesday but remained near a three-month high as investors kept the faith with hopes that a fully fledged U.S.-China trade deal is in the pipeline, set to stoke oil demand in the world's biggest economies. The UK blue chip index soared 2.3% on Monday, its biggest one-day percentage gain in nearly a year, as a preliminary U.S.-China trade deal and hopes of an orderly Brexit after UK Prime Minister Boris Johnson's election victory saw investors flock to perceived riskier assets, such as equities. UK CORPORATE DIARY:

Summit Therapeutics

SUMM.L

Full Year Earnings Release Bunzl Plc

BNZL.L

Trading Statement Release Petrofac

PFC.L

Trading Statement Release Hunting

HTG.L

Trading Statement Release

* 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

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.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.