UK Stocks-Factors to watch on November 13
UK Stocks-Factors to watch on November 13 Nov 13 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening down on Friday, with futures FFIc1 down 0.3%.
* FRASERS GROUP: Frasers Group FRAS.L executive David Epstein will succeed Daniel Grieder as CEO of Hugo Boss BOSSn.DE from January 1, 2027, the German fashion group said on Thursday, cementing the British retailer's influence over the company.
* EUROPEAN UNION: British finance minister John Healey said on Thursday the government would pursue closer cooperation with the European Union at next week's UK-EU summit in areas where the benefits to businesses and consumers outweighed the costs.
* OIL: Oil prices were mixed on Friday, but set for their second weekly decline, as the US plans to continue its Iranian blockade, reducing the chance of renewed large-scale fighting that could disrupt Middle East supplies, though attacks on shipping remain a danger.
* GOLD: Gold rose on Friday as bargain hunting emerged after prices hit a more than one-year low in the previous session, while market focus shifted to upcoming US inflation data.
* COPPER: Copper prices inched higher on Friday after a sharp selloff in the previous session, but remained on track for a weekly fall as concerns surrounding Nvidia and AI investment outweighed support from tight supplies in top consumer China.
* FTSE 100: Britain's FTSE 100 climbed on Thursday, after a slew of positive earnings reports and strong economic growth data helped lift sentiment.
* UK CORPORATE DIARY:
Aviva | AV.L | Q3 trading update |
Land Securities | LAND.L | HY 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
(Compiled by Tuhina in Bengaluru)