Get 40% Off
🚀 AI-picked stocks soar in May. PRFT is +55%—in just 16 days! Don’t miss June’s top picks.Unlock full list

UPDATE 2-UK Stocks-Factors to watch on Nov 25

Published 25/11/2016, 06:45 pm
© Reuters.  UPDATE 2-UK Stocks-Factors to watch on Nov 25
UK100
-
BHP
-
RIO
-
BHPB
-
PNN
-
NG
-
RIO
-
UK100
-
VALE
-
FJET
-

(Adds company news items, updates futures)

Nov 25 (Reuters) - Britain's FTSE futures FFIc1 up 0.06 percent ahead of the cash market open on Friday.

* The UK blue chip index closed broadly flat on Thursday, with some firms including National Grid NG.L falling after trading without the attraction of their latest dividend payouts. RIO TINTO: Rio Tinto RIO.AX RIO.L Chief Executive Jean-Sébastien Jacques said on Friday the election of Donald Trump as President of the United States could help boost commodities demand and cut red tape, boosting the mining industry. BHP BILLITON: BHP Billiton BHP.AX BLT.L and Vale Sa VALE5.SA have each approved $181 million to fund remediation and compensation programs at the Samarco iron ore joint venture in Brazil following a deadly mine disaster in November 2015. PENNON GROUP: British water utility Pennon Group Plc PNN.L said its first-half underlying pretax profit grew 11.5 percent as the company continued limiting costs and was helped by increased tariffs and demand at its water supply unit. FASTJET: African budget airline Fastjet FJET.L said it would seek more funds sooner than originally expected to achieve a turnaround, prompting Chairman Colin Child to resign on Friday after months of the company battling its second-biggest investor to retain him. UK WAGE GROWTH: Britain's wage growth prospects look "dreadful", a leading think tank said on Thursday, after official economic forecasts showed workers were unlikely to recoup losses suffered after the financial crisis within the next five years. OIL: Oil prices fell more than 1 percent on Friday as a strong dollar and a rise in Saudi supplies to some Asian clients, weighed on markets, despite a planned OPEC-led output cut to be decided next week. O/R

* For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets

TODAY'S UK PAPERS

> Financial Times

PRESS/FT

> Other business headlines

PRESS/GB Multimedia versions of Reuters Top News are now available for:

* 3000 Xtra

: visit http://topnews.session.rservices.com

* For Top News : http://topnews.reuters.com

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.