UK Stocks Markets to watch on Nov 30

Britain’s FTSE 100 (.FTSE) index is seen opening 11 points lower at 6,357 on Monday.

Rio Tinto: Rio Tinto (RIO.L) will look to a handful of external candidates in a narrowing field for its new chief executive, as the miner tries to win back investors dismayed by the blasting of an ancient Australian rock shelter, bankers and investors say.

AstraZeneca: The Indian Council of Medical Research (ICMR) is assisting an inquiry into an alleged adverse reaction during AstraZeneca’s (AZN.L) COVID-19 vaccine trial, but has found no reason to recommend halting it, a senior official at the regulator said on Sunday.

Frasera: Frasers Group (FRAS.L), owned by billionaire retail boss Mike Ashley, has offered Philip Green’s troubled Topshop retail group Arcadia a 50 million pound ($66.52 million) emergency loan, reported Sky News on Saturday.

HSBC: HSBC Holdings Plc (HSBA.L) is considering a complete exit from retail banking in the United States after narrowing the options for how to improve performance at its struggling North America business, the Financial Times reported on Saturday.

Gold: Gold slipped and was on track for its worst month in four years, as optimism over a coronavirus vaccine-led economic rebound that propelled equities to record highs dulled the metal’s safe-haven appeal.

Oil: Crude oil prices fell amid investor jitters ahead of a meeting of producer group OPEC+ to decide whether to extend large output cuts to balance global markets, but vaccine hopes helped keep them on track to rise more than a fifth in November.

The UK blue-chip index (.FTSE) rose slightly on Friday, but marked its first weekly loss this month as frictions in the Brexit process and a gloomy economic outlook due to the coronavirus weighed on sentiment.

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