UK Stocks-Factors to watch on Nov 24

  • Reuters
  • Stock Market News
UK Stocks-Factors to watch on Nov 24
Credit: © Reuters.

Nov 24 - Britain's FTSE 100 .FTSE index is seen opening 37 points higher at 6,371 on Tuesday, according to financial bookmakers.

ASTRAZENECA: AstraZeneca AZN.L said on Monday its COVID-19 vaccine was 70% effective in pivotal trials and could be up to 90% effective, giving the world's fight against the global pandemic a third new weapon that can be cheaper to make, easier to distribute and faster to scale-up than rivals.

GREENCORE: Food group Greencore GNC.L said on Monday it plans to raise cash by issuing new shares after reporting an 81% plunge in annual profit due to the COVID-19 crisis.

JD SPORTS: JD Sports JD.L is in exclusive talks with British department store chain Debenhams over a potential rescue takeover, the Times reported on Monday.

ROYAL DUTCH SHELL: Royal Dutch Shell PLC RDSa.L may begin the permanent shutdown of its 211,146 barrel-per-day Convent, Louisiana, refinery early next week, people familiar with plant operations said on Monday.

VODAFONE: Vodafone VOD.L said on Monday that operations on its German mobile network were returning to normal after the failure of control equipment caused a widespread outage lasting more than three hours.

GOLD: Gold slipped as progress on a COVID-19 vaccine and a federal agency's approval of U.S. President-elect Joe Biden's transition to the White House bolstered risk appetite, denting the bullion's safe-haven appeal. OIL: Brent crude prices hit their highest levels since March as news of a third promising vaccine candidate spurred hopes of a quick recovery in oil demand.

The UK blue-chip index .FTSE closed 0.3% lower on Monday. UK CORPORATE DIARY:

Pennon Group Plc

PNN.L

HY earnings Cranswick Plc

CWK.L

HY earnings Compass Group Plc

CPG.L

FY earnings Pets at Home Group Plc

PETSP.L

HY trading statement UDG Healthcare Plc

UDG.L

FY earnings AO World Plc

AO.L

HY earnings Intertek Group Plc

ITRK.L

Trading statement Caledonia Investments Plc

CLDN.L

HY earnings

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