UPDATE 1-UK Stocks-Factors to watch on Nov. 30

  • Reuters
  • Stock Market News
UPDATE 1-UK Stocks-Factors to watch on Nov. 30
Credit: © Reuters.

(Adds futures, news items)

Nov 30 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 11 points lower at 6,357 on Monday, according to financial bookmakers, with futures down 0.44% ahead of the cash market open.

* LLOYDS: LLoyds Banking Group LLOY.L said that Charlie Nunn, currently head of wealth and personal banking at HSBC HSBA.L , is to be its next Chief Executive. FRASERS: Mike Ashley's Frasers Group FRAS.L it had offered emergency funding to Philip Green's Arcadia fashion group, which is on the brink of falling into administration. PETS AT HOME: Pets at Home Group Plc PETSP.L said it had bought veterinary telehealth provider The Vet Connection for 15 million pounds ($20.03 million) as it looks to expand digital offerings during the COVID-19 pandemic. G4S (CSE: G4S ): Canadian security firm Gardaworld said it has further extended its cash offer for larger rival G4S GFS.L , which has repeatedly rejected the hostile bid valuing the British company at about 3 billion pounds ($4 billion). INDIVIOR: British drugmaker Indivior Plc INDV.L said it would "vigorously defend" against a 1.07 billion pound ($1.43 billion) legal claim from consumer good maker Reckitt Benckiser Group RB.L relating to their demerger agreement. GOLD: Gold slid more than 1% and was set for its worst month since November 2016, as hopes of a coronavirus vaccine-led economic rebound lured investors into buying risk assets. OIL: Crude oil prices fell amid investor jitters ahead of a meeting of producer group OPEC+ to decide whether to extend large output cuts to balance global markets, but vaccine hopes helped keep them on track to rise more than a fifth in November. The UK blue-chip index .FTSE rose slightly on Friday, but marked its first weekly loss this month as frictions in the Brexit process and a gloomy economic outlook due to the coronavirus weighed on sentiment. For more on the factors affecting European stocks, please click on: LIVE/


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