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UK Stocks-Factors to watch on Nov 24
November 24, 2017 / 5:47 AM / 19 days ago

UK Stocks-Factors to watch on Nov 24

    Nov 24 (Reuters) - Britain's FTSE 100 index is seen opening
unchanged at 7,417.4 points on Friday, according to financial bookmakers. 
    
    * UNILEVER: Consumer goods maker Unilever has begun working with
executive search firm Egon Zehnder International to help to identify a successor
to Chief Executive officer Paul Polman, Sky News reported on
Thursday.
    * OPHIR ENERGY: Ophir Energy has postponed its final investment
decision on a proposed $2 billion liquefied natural gas (LNG) project in
Equatorial Guinea until early 2018 to explore alternatives to Chinese financing,
the company said on Thursday.
    * BRITAIN-ECONOMY: British households are their least confident since
immediately after last year's Brexit vote, partly because of this month's
interest rate hike and further signs of a slowdown in the housing market, a
survey showed on Friday.
    * GOLD: Gold prices inched up on Friday as the dollar remained under
pressure after minutes of the U.S. Federal Reserve's meeting revealed that some
policymakers were concerned about lower inflation.
    * OIL: U.S. crude oil hit fresh two-year highs on Friday, as the shutdown of
a major crude pipeline from Canada to the United States tightened North American
markets.
    * The UK blue chip FTSE 100 index closed down 0.02 percent at 7417.24 points
on Thursday, as fall in Centrica's shares weighed on British stocks, but
a rebound in housebuilders and a weak pound provided enough support to recoup
most of the morning's losses.
    * For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets
    
    * UK CORPORATE DIARY:    
 Future PLC               Full Year 2017 Earnings Release
      
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 (Reporting by Siju Varghese)
  

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