UK Stocks-Factors to watch on Nov 18

  • Reuters
  • Stock Market News
UK Stocks-Factors to watch on Nov 18
Credit: © Reuters.

Nov 18 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening 13 points lower at 6,352 on Wednesday, according to financial bookmakers.

UNILEVER: Unilever ULVR.L , UNA.AS expects sales of its plant-based meat and dairy products to reach 1 billion euros over the next five to seven years, helped by growth of its Vegetarian Butcher brand and vegan varieties of Hellmann's mayonnaise and Magnum and Wall's ice cream.

GOLD: Gold prices edged lower due to optimism over a potential COVID-19 vaccine, but concerns over the economic impact from the resurgence of coronavirus cases in the United States limited their decline.

OLD: Oil prices fell after a bigger-than-expected build in U.S. crude stockpiles stoked fears for weak fuel demand and a potential supply glut, but hopes that OPEC and its allies will postpone a planned January increase to oil output braked losses.

The UK blue-chip index .FTSE closed 0.9% lower on Tuesday after a sharp vaccine-led rally, as a stronger pound pressured exporters and investors remained cautious about a post-Brexit trade deal with the European Union.

UK CORPORATE DIARY:

Halfords Group Plc

HFD.L

HY earnings SSE Plc

SSE.L

HY earnings British Land Company Plc

BLND.L

HY earnings Spirax-Sarco Engineering Plc

SPX.L

Trading statement TBC Bank Group Plc

TBCG.L

Q3 earnings MHP SE

MHPCq.L

Q3 earnings U&I Group Plc

UAI.L

HY earnings Speedy Hire Plc

SDY.L

HY earnings Safestore Holdings Plc

SAFE.L

Trading update Breedon Group Plc

BREE.L

 

 

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