UK Stocks-Factors to watch on Nov 29

Banyan Gold

29/11/2021 05:25

Nov 29 (Reuters) - Britain's FTSE 100  .FTSE  index is seen
opening 85 points higher on Monday, according to financial
bookmakers. 
   
    * META-GIPHY: The UK competition regulator is expected to
block Meta Platforms'  FB.O  acquisition of online GIF platform
Giphy in the coming days, the Financial Times reported.
 urn:newsml:reuters.com:*:nL4N2SK14I
    * BT GROUP: Indian oil-to-telecoms conglomerate Reliance
Industries Ltd  RELI.NS  is considering an offer for British
telecom company BT Group Plc  BT.L , the Economic Times
reported, citing sources familiar with the matter.  urn:newsml:reuters.com:*:nL4N2SK0VZ
    * COVID-19: Britain said it will convene an urgent meeting
of G7 health ministers to discuss developments on the new
Omicron coronavirus variant.  urn:newsml:reuters.com:*:nFWN2SI02X
    * BLUE PRISM: Blue Prism  PRSMB.L  shareholder Coast Capital
said it will not support private equity firm Vista Equity's
final takeover offer of 1.22 billion pounds for the British
software firm on grounds it undervalues the company.
 urn:newsml:reuters.com:*:nL4N2SH3J6
    * GOLD: Gold prices edged higher, as concerns over the
impact of the possibly vaccine-resistant Omicron coronavirus
variant supported the precious metal's safe-haven appeal
 urn:newsml:reuters.com:*:nL1N2SK03D
    * METALS: London copper rose as risk sentiment steadied
after concerns over the Omicron coronavirus variant sparked a
heavy sell-off last week.  urn:newsml:reuters.com:*:nL4N2SK0TL
    * OIL: Oil prices rebounded as investors looked for bargains
after Friday's slump and on speculation that OPEC+ may pause an
output increase in response to the spread of Omicron, but the
mood remained cautious with little known about the new variant
 urn:newsml:reuters.com:*:nL1N2SK00Y
    * The UK's blue-chip share index slumped on Friday,
suffering its biggest drop in more than a year as fears over a
newly detected and possibly vaccine-resistant coronavirus
variant gripped stock markets around the world  urn:newsml:reuters.com:*:nL4N2SH24Q
    
    * UK CORPORATE DIARY:
 Amigo Holdings           AMGO.L     HY results
 Benchmark Holdings       BMKB.L     FY results
                
    * For more on the factors affecting European stocks, please
click on:  LIVE/     
    TODAY'S UK PAPERS
    > Financial Times                       PRESS/FT 
    > Other business headlines              PRESS/GB 

 (Reporting By Amna Karimi in Bengaluru)
 ((amna.karimi@thomsonreuters.com))