UK Stocks-Factors to watch on Nov 21 (updated)

Scottish Mortgage Investment Trust

21/11/2024 07:54

(Adds new items, updates futures)
       Nov 21 (Reuters) - Britain's FTSE 100  .FTSE  index is
seen opening higher on Thursday, with futures  FFIc1  up 0.25%.
    
    * JD SPORTS: British sportswear retailer JD Sports Fashion
 JD.L   warned annual profit would come in at the lower end of
its guided range after a tough October of discounting,
unseasonable weather and consumer caution.
    * IDS: International Distribution Services  IDSI.L  
reported a first-half adjusted operating profit, as sustained
parcel demand helped the British firm narrow losses at its Royal
Mail business despite a weaker-than-expected market.
    * CLOSE BROS: Close Brothers Group  CBRO.L  flagged a hit to
its 2025 forecast and said it expects to fully resume its motor
finance lending business soon, as the British lender assessed
the impact of a recent ruling on car loan commissions.
    * BOOHOO: British online fashion retailer Boohoo  BOOH.L  
said it had appointed Tim Morris as its independent chair with
immediate effect, replacing Mahmud Kamani.
        * BP: Indonesia's upstream oil and gas regulator SKK
Migas confirmed that there was a disruption on BP Plc's  BP.L  
Tangguh LNG operations.
    * FCA: The Financial Conduct Authority is seeking feedback
on proposals to give lenders more time to handle complaints on
non-discretionary motor finance commissions, after a recent
legal ruling widened the number of customers they may need to
compensate.
    * OFWAT: Nine water companies, including crisis-hit Thames
Water, will not use money from customers' bills to fund bonuses
after new rules come into force, regulator Ofwat said.
    * OIL: Oil prices edged higher.
    * GOLD: Gold prices rose for the fourth straight session.
    * EX-DIVS: National Grid  NG.L , Vodafone  VOD.L , Scottish
Mortgage Investment Trust  SMT.L , DCC  DCC.L , and B&M European
Value Retail  BMEB.L  will trade without entitlement to their
latest dividend payout on Thursday.

        
  
    * 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 Yamini Kalia and DhanushVignesh Babu in
Bengaluru)
 ((Yamini.Kalia@thomsonreuters.com;))