December 19, 2018 / 5:44 AM / 2 years ago

UK Stocks-Factors to watch on Dec 19

    Dec 19 - Britain's FTSE 100 index is seen 11 points lower at 6,691
on Wednesday, according to financial bookmakers. 
    * RBS: Royal Bank of Scotland has appointed Katie Murray as chief
financial officer, the bank said on Tuesday, making permanent a role she has
held on an interim basis since August.
    * INDIVIOR: Indivior Plc said on Tuesday it could launch a cheaper
version of its blockbuster opioid addiction treatment, Suboxone, if rivals
release generic versions of the drug.
    * GLENCORE: Glencore-controlled Katanga Mining Ltd said on
Tuesday it agreed to pay more than $22 million to settle Canadian allegations of
inadequate historical disclosures of its finances and activities in the
Democratic Republic of Congo.
    * GOLD: Gold prices edged higher to a more than five-month peak on Wednesday
as a softer dollar supported the bullion while investors awaited cues on the
rate hike trajectory of the U.S. central bank from its two-day policy meeting.

    * OIL: Oil prices rebounded on Wednesday after falling for the past three
sesssions with worries about oversupply and a slowing global economy keeping
markets under pressure though sentiment may be shifting as falling equity
markets seemed to stabilise.
    * The UK blue chip index closed 1.1 percent lower on Tuesday, as
perpetuating concerns over slowing global growth and an oversupply of oil
spooked investors.
    * For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets
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 (Reporting by Samantha Machado in Bengaluru)
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