December 31, 2018 / 7:54 AM / 6 months ago

UPDATE 1-UK Stocks-Factors to watch on Dec 31

(Adds company news items)

Dec 31 (Reuters) - Britain’s FTSE 100 futures were up 0.4 percent on Monday ahead of the cash market open.

* S4 CAPITAL: Martin Sorrell’s new era advertising firm S4 Capital said on Monday it had secured two major new clients in the run up to Christmas as it reported like-for-like revenue had jumped by half year-to-date to the end of November.

* CABOT ENERGY: Oil and gas company Cabot Energy Plc warned on Monday that it might not be able to operate as a going concern if it does not raise money from shareholders in January to fund its operations and settle debt, hurt by lower Canadian crude oil revenue and contract prices.

* THOMAS COOK: Egyptian security forces killed 40 suspected militants in three separate incidents in North Sinai and Giza, the Interior Ministry said on Saturday, a day after the bombing on a Vietnamese tourist bus in Giza killed four people. Thomas Cook travel group said it had cancelled day trips to Cairo from the Red Sea resort of Hurghada following the attack.

* GOLD: Gold fell on Monday as equities gained on likely progress in Sino-U.S. trade standoff, amid bullion prices heading for their first annual decline since 2015, losing to the dollar mostly on trade worries and rising interest rates.

* OIL: Oil prices climbed on the last trading day of the year on Monday, mirroring gains in stock markets, but were on track for the first yearly decline in three years amid lingering concerns of a persistent supply glut.

* The UK blue chip index closed 2.3 percent higher on Friday, boosted by initial relief spilling over from the United States, where stocks sprang back following steep losses as a turbulent 2018 neared its end.

* For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets

TODAY’S UK PAPERS

> Financial Times

> Other business headlines (Reporting by Shashwat Awasthi in Bengaluru)

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