UK Stocks-Factors to watch on Dec. 7 (updated)
07/12/2023 07:54
(Adds new items, updates futures)
Dec 7 (Reuters) - Britain's FTSE 100 index .FTSE is
expected to open lower on Thursday, with futures FFIc1 down
0.56%.
* FRASERS GROUP: Frasers FRAS.L , the British sportswear
and apparel retailer controlled by Mike Ashley, said it was on
track to achieve full-year profit guidance after a 12.6% rise in
the first half that reflected the success of its plan to take
the group upmarket.
* DS SMITH: DS Smith SMDS.L said its CEO Miles Roberts
will retire after 13 years with the British cardboard maker, and
will step down no later than Nov. 30, 2025.
* SMART METERING SYSTEMS: British energy infrastructure
firm Smart Metering Systems SMSS.L said a company owned by
funds advised by KKR KKR.N and its
affiliates will take it private
in an all-cash deal of about 1.3 billion pounds ($1.63
billion).
* BLOOMSBURY PUBLISHING: Harry Potter publisher
Bloomsbury Publishing BLPU.L forecast full-year profit and
revenue ahead of market view, buoyed by strong demand for its
consumer division.
* ENQUEST: British North Sea-focused oil producer
EnQuest ENQ.L appointed Jonathan Copus as its finance chief to
succeed Salman Malik, who will become the CEO of its unit Veri
Energy.
* HOUSE PRICE: British house prices
rose 0.5% in November
, their second monthly rise in a row, after a 1.2% increase
in October, mortgage lender Halifax said.
* METALS: London
copper prices rose slightly
as some traders and investors closed their short positions
on caution ahead of the release of key payrolls data in the
United States.
* OIL: Oil prices reclaimed some ground after tumbling to a
six-month low in the previous session but investors remained
concerned about sluggish demand and economic slowdowns in the
U.S. and China.
* For more on the factors affecting European stocks, please
click on: LIVE/
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(Reporting by Zainab Saifuddin Saifee in Bengaluru)
((Zainab.SaifuddinSaifee@thomsonreuters.com; +91 8766460080;))