UK Stocks-Factors to watch on Dec. 11

Reuters

Published Dec 11, 2020 07:25

Dec 11 - Britain's FTSE 100 .FTSE index is seen opening 16 points lower at
6,584 on Friday, according to financial bookmakers.

* SANOFI/GSK: An experimental COVID-19 vaccine of Sanofi SASY.PA and
Britain's GlaxoSmithKline GSK.L showed an insufficient immune response in
clinical trial results, the French drugmaker said, a blow to efforts to find
ways to fight the pandemic. * BANKS: British banks can resume paying some dividends and bonuses after
the Bank of England said they appeared well capitalised and resilient to any
further coronavirus crisis fall-out. * RETAIL: With prospects for a post-Brexit trade deal with the EU looking
precarious, Britain's retail industry repeated a warning that shoppers faced
higher food prices from next year if new tariffs were imposed in the absence of
an agreement. * GOLD: Gold edged up as the dollar held near a two-and-a-half-year low,
offsetting concerns over delays in a U.S. coronavirus package. * OIL: Oil rose, extending a sharp rally overnight that saw Brent rise above
$50 for the first time since March, as coronavirus vaccination rollouts kept
hopes alive that demand for crude would build up next year. * The UK blue-chip index .FTSE closed 0.5% higher on Thursday as oil
prices jumped to $50 per barrel for the first time since March on vaccine
optimism and as a weaker British pound supported the export-heavy index
GBP/ . UK CORPORATE DIARY:
Bellway Plc BWY.L Trading statement
Rolls-Royce Holdings Plc RR.L Trading statement
Anglo American Plc AAL.L Investor update

* For more on the factors affecting European stocks, please click on:
LIVE/
TODAY'S UK PAPERS
> Financial Times PRESS/FT
> Other business headlines PRESS/GB

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