UK Stocks -- Factors to watch on Nov 16

Mon Nov 16, 2009 6:36am GMT
 
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 LONDON, Nov 16 (Reuters) - Britain's FTSE 100 .FTSE is seen opening up
22-30 points on Monday as strong U.S. data boosted confidence while a weaker
dollar helped spur commodity prices, a factor that will help push up heavyweight
energy stocks and miners.
 The blue chip index is seen up as much as 0.6 percent after it gained 0.4
percent on Friday to close at 5,296.38, its highest close in 14 months.
 Gold hit a record above $1,126 per ounce XAU= while other metals and crude
CLc1 also gained as a weaker dollar spurred a gain in prices.
 Equities are also seen supported after upbeat retail news reinforced a view
that the world's largest economy is heading for a sustained recovery.
 Also adding to optimism on the economic outlook, Asking prices for homes in
England and Wales were 1.6 percent higher in November than a year ago, the
biggest annual rise since May 2008, property website Rightmove said.
[ID:nLC224107]
 But half of the UK's employers are planning to freeze wages for a second
year in a row according to a CBI employers group and recruitment consultancy
Harvey Nash, reported in the Financial Times. [ID:nLG8536]
 
 * Wall St gains on retail hopes, Disney results       [ID:nN13481122]
 * Gold hits record high, Asian shares rise             [ID:nSP113829]
 * Nikkei edges higher but banks and Hitachi weigh       [ID:nT160410]
 * Dollar drifts down, euro up as yuan speculation ebbs   [ID:nT82641]
 * Oil rises $1 to above $77 on dollar weakness        [ID:nSYU009045]
 * TREASURIES-Steady in Asia ahead of Bernanke           [ID:nT123667]
 * Copper rallies almost 2 pct; dlr, China snow support [ID:nSP339838]
 * Gold hits record above $1,126/oz on one-off buying    [ID:nT206524]
 
 UK stocks to watch on Monday are:
 
 LONMIN (LMI.L)
 The miner releases its full-year results.
     
 AMLIN (AML.L)
 The company releases a trading update
 
 ASOS (ASOS.L)
 The company releases its first half results.
 
 CRANSWICK (CWK.L)
 The company releases first half results.
 
 MONEYSUPERMARKET.COM (MONY.L)
 The company release a trading update.
 
 PERSIMMON (PSN.L)
 The company releases a trading update.
 
 TODAY'S UK PAPERS
 > Financial Times                      [PRESS/FT]
 > Other business headlines             [PRESS/GB]
 
  (Reporting by Simon Falush; Editing by Mike Nesbit)






 

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