UK Stocks-Factors to watch on Dec. 16 By Reuters

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© Reuters.

Dec 16 – Britain’s FTSE 100 index is seen opening 28 points higher at 6,541 on Wednesday, according to financial bookmakers.

* VACCINE: Britain has agreed to spend 3.7 billion pounds ($4.93 billion) on COVID-19 vaccines and in most cases will bear the liability if claims are made against the pharmaceutical firms involved, said the National Audit Office(NAO). COVID-19: More people in Britain oppose the government’s plans to relax COVID-19 restrictions for five days around Christmas than support them, a poll showed. GOLD: prices rose to a one-week high as the metal built on the previous session’s rally on hopes for further U.S. stimulus, while investors awaited the Federal Reserve’s policy decision. OIL: Oil prices dropped on a surprise gain in inventories in the United States and as investors continued to worry about demand for fuel being squeezed amid tighter lockdowns in Europe to counter the coronavirus pandemic. The UK blue-chip index pared its losses to about 0.3% on Tuesday with consumer staples weighing the most. British mid-cap stocks gained ground in the final hour of trading as renewed hopes of a Brexit trade agreement overshadowed concerns over a weak labour market report and concerns over new restrictions in London. UK CORPORATE DIARY:

Dixons Carphone Plc

HY earnings Bunzl Plc

Pre-close trading statement

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


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