UPDATE 1-UK Stocks-Factors to watch on Nov 16

(Adds company news items, futures)

Nov 16 (Reuters) - Britain’s FTSE 100 index is seen opening 44 points higher at 6,361 on Monday, according to financial bookmakers, with futures up 0.75% ahead of cash market open.

* VODAFONE: Vodafone Group, the world’s second-largest mobile operator, said it was increasingly confident about its full-year performance after a “resilient” first-half, despite underlying momentum being obscured by the impact of COVID-19.

* GOLD: Gold prices touched a one-week high propped up by a weaker dollar, while mounting U.S. coronavirus cases escalated concerns of the pandemic’s impact on economic recovery underpinning hopes of further monetary stimulus.

* OIL: Oil prices climbed, recouping some losses from the previous session as hopes that OPEC+ will hold current output curbs offset concerns about weaker fuel demand due to rising COVID-19 cases and higher production from Libya.

* The UK blue-chip index closed 0.4% lower on Friday on concerns over rising COVID-19 infections and as a stronger pound pressured exporters, although the index still logged its best weekly gain since April on hopes of an effective vaccine.

* For more on the factors affecting European stocks, please click on:


> Financial Times

> Other business headlines (Reporting by Priyanshi Mandhan)