financetom
World
financetom
/
World
/
UK Stocks-Factors to watch on Dec 13
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
UK Stocks-Factors to watch on Dec 13
Dec 12, 2024 9:57 PM

Dec 13 (Reuters) - Britain's FTSE 100 index is

seen opening lower on Friday, with futures down 0.26%.

* HSBC ( HSBC ): HSBC ( HSBC ) is reviewing its retail banking

operations outside the UK and Hong Kong, which could see it

substantially scale back operations in other countries,

including Mexico, the Financial Times reported on Thursday,

citing people familiar with the discussions.

* RIO TINTO: The head of global mining group Rio Tinto

, pledged to act if wrongdoing was discovered

following the filing of sexual harassment lawsuits against the

company.

* TULLOW OIL ( TUWLF ): U.S. oil and gas company Kosmos Energy ( KOS )

said on Thursday it was in early talks for an all-share

acquisition of West Africa-focused Tullow Oil ( TUWLF ).

* UK ENERGY: Britain launched a plan to make it easier for

developers to build clean energy projects which it hopes will

help the country meet its climate targets and create jobs.

* UK ENERGY: U.S. start-up Last Energy said it had received

a tentative offer of $103.7 million in debt financing from

Washington to set up the first of four planned quick-build,

micro-sized nuclear power plants in Britain.

* UK ECONOMY: British consumer morale hit a four-month high

in December as households grew cheerier about their finances, a

survey showed, in good news for finance minister Rachel Reeves

after other indicators showed a post-budget slide in business

sentiment.

* OIL: Oil prices stabilised, heading for their first weekly

rise since the end of November, as additional sanctions on Iran

and Russia ratcheted up supply worries, while a surplus outlook

weighed on markets.

* GOLD: Gold prices edged higher and were set for a weekly

gain, driven by reports of top consumer China resuming gold

purchases, and heightened expectations of an interest rate

reduction by the Federal Reserve at its Dec. 17-18 meeting.

* METALS: London copper prices nudged lower and were on

track for weekly losses on the back of a stronger U.S. dollar

and lack of clarity around China's stimulus measures.

* FTSE 100: Britain's FTSE 100 index inched higher on

Thursday, boosted by Diageo after a brokerage upgrade, while

SThree weighed on the midcap index as it dropped to a more than

four-year low on a profit warning.

* For more on the factors affecting European stocks,

please click on:

TODAY'S UK PAPERS

> Financial Times

> Other business headlines

(Reporting by Aby Jose Koilparambil in Bengaluru)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Filo Receives Conditional Approval for Delisting from Nasdaq First North Growth Market
Filo Receives Conditional Approval for Delisting from Nasdaq First North Growth Market
Dec 23, 2024
08:12 AM EST, 12/23/2024 (MT Newswires) -- Filo ( FLMMF ) on Monday said Nasdaq First North Growth Market has conditionally approved the delisting of the company's common shares from the stock exchange following the closing of Filo's ( FLMMF ) acquisition by BHP Investments Canada, a unit of BHP Group, and Lundin Mining. Shares of the company closed up...
Asian Equities Traded in the US as American Depositary Receipts Start Week Higher in Monday Trading
Asian Equities Traded in the US as American Depositary Receipts Start Week Higher in Monday Trading
Dec 23, 2024
10:41 AM EST, 12/23/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts kicked off the holiday-shortened week on a positive note Monday morning, rising 1.04% to 2,062.40 on the S&P Asia 50 ADR Index. From North Asia, the gainers were led by automotive company Honda Motor ( HMC ) and solar project developer Emeren Group...
CANADA STOCKS-TSX opens higher after GDP data
CANADA STOCKS-TSX opens higher after GDP data
Dec 23, 2024
Dec 23 (Reuters) - Canada's main stock index opened higher on Monday, led by gains in healthcare stocks, as investors parsed key domestic economic data that exceeded market expectations. At 9:31 a.m. ET (14:31 GMT), the Toronto Stock Exchange's S&P/TSX composite index was up 33.07. points, or 0.13%, at 24,632.55. ...
Stocks Mostly Down Pre-Bell Ahead of Holiday-Shortened Trading Week; Asia, Europe Up
Stocks Mostly Down Pre-Bell Ahead of Holiday-Shortened Trading Week; Asia, Europe Up
Dec 23, 2024
07:10 AM EST, 12/23/2024 (MT Newswires) -- The benchmark US stock measures were mostly trending lower before the opening bell Monday, as traders gear up for a holiday-shortened trading week. Standard & Poor's 500 edged down 0.1% and the Dow Jones Industrial Average declined 0.3%, while the Nasdaq was up 0.1% in premarket activity. The majority of Asian and European...
Copyright 2023-2025 - www.financetom.com All Rights Reserved