UK Stocks-Factors to watch on Nov. 9

  • Reuters
  • Stock Market News
UK Stocks-Factors to watch on Nov. 9
Credit: © Reuters.

Nov 9 - Britain's FTSE 100 .FTSE index is seen opening 71 points higher at 5,981 on Monday, according to financial bookmakers.

G4S (CSE: G4S ): Canadian security firm GardaWorld, which launched a hostile bid last month for larger rival G4S Plc GFS.L , said on Sunday it has extended its offer after the British company repeatedly rejected its offers.

CODEMASTERS: British videogame developer Codemasters Group Holdings CDM.L said on Friday it had received a buyout offer from U.S.-based videogame publisher Take-Two Interactive Software Inc TTWO.O for 485 pence per share.

TRADE TALKS: The European Union's Brexit negotiator Michel Barnier said he was very happy to be back in London on Sunday and work would continue on securing a trade deal with Britain.

GOLD: Gold prices firmed, bolstered by a weaker dollar and hopes of more coronavirus stimulus measures under U.S. President-elect Joe Biden.

OIL: Oil prices gained more than 2%, with Brent futures rising above $40 a barrel, after Joe Biden clinched the U.S. presidency and buoyed risk appetite, offsetting worries about impact on fuel demand from the worsening coronavirus pandemic.

The UK blue-chip index .FTSE closed 0.1% higher on Friday, although gains were limited by concerns over surging coronavirus cases and a Brexit-trade deal, while investors waited for the outcome of a close U.S. presidential election race.

UK CORPORATE DIARY:

Dignity Plc

DTY.L

Q3 trading statement Ultra Electronics Holdings Plc ULE.L

Q3 trading statement On the Beach

OTB.L

 

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or

100