UPDATE 1-UK Stocks-Factors to watch on Nov 18

  • Reuters
  • Stock Market News
UPDATE 1-UK Stocks-Factors to watch on Nov 18
Credit: © Reuters.

(Adds company news items, futures)

Nov 18 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening 13 points lower at 6,352 on Wednesday, according to financial bookmakers, with futures down 0.46% ahead of cash market open.

* RSA: Britain's RSA Insurance RSA.L said it had received a cash offer worth 7.2 billion pounds ($9.55 billion) from Canadian insurer Intact Financial IFC.TO and Danish insurer Tryg TRYG.CO . HALFORDS: British bicycles and car products retailer Halfords HFD.L reported a more than doubling in first-half profit, boosted by a COVID-19-driven cycling boom. BRITISH LAND: British Land BLND.L said office space leasing volumes will likely be strained as customers are expected to continue to defer decisions and extend leases in the face of Brexit uncertainties and the coronavirus crisis. SSE: British renewable power generator and network operator SSE Plc SSE.L saw a 115 million pound ($152.64 million) hit to profit in the first half of its financial year ending Sept. 30, due to the pandemic, the company said. DP EURASIA: Pizza firm DP Eurasia DPEU.L , which runs Domino's Pizza brand in Turkey and Russia, said its overall sales in 10 months of 2020 rose by 11.8% as online delivery offset the effects of store closures in both countries. 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 were mixed as a bigger-than-expected build in U.S. crude stocks and weaker U.S. retail sales stoked fears over fuel demand, although hopes that OPEC and its allies will delay a planned rise in oil output lent support. 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. For more on the factors affecting European stocks, please click on: LIVE/


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