UK stock market: Key factors to watch on November 17
London: Britain’s FTSE 100 index is seen opening down 10 points at 7,377.1 on Friday, according to financial bookmakers, with futures down 0.22 percent ahead of the cash market open.
* CARILLION: British builder Carillion issued its third profit warning this year and said it would breach its financial covenant.
* NATIONWIDE BUILDING SOCIETY: Britain’s Nationwide Building Society reported a 4 percent fall in half-year profit on Friday, a second consecutive period of decline that it attributed to low interest rates.
* GOCOMPARE-ZGP: A top five shareholder in GoCompare said the British price comparison company should respond “positively” if a sweetened offer by Zoopla-owner ZPG were made in the region of 520 million pounds.
* GOLD: Gold prices rose on Friday as the dollar weakened after a report that investigators looking into possible Russian interference in the 2016 U.S. presidential election had subpoenaed President Donald Trump’s election campaign for documents.
* OIL: Oil prices steadied on Friday after recent declines, but were on track for their first weekly fall in six weeks as concerns about surging U.S. supplies put a dent in the market’s recent rally.
* The UK blue chip FTSE 100 index closed up 0.2 percent at 7,386.94 points on Thursday, as share index shrugged off weakness from oil stocks on Thursday as a handful of earnings updates were in focus, though GKN plunged on uncertainty following the ditching of its CEO designate.