FFIC

UK Stocks-Factors to watch on Dec 28

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Dec 28 (Reuters) - Britain's FTSE 100 futures .FFIc1 were up 0.98 percenton Friday ahead of the cash market open.

* RIO TINTO: Australian miner Rio Tinto PlcRIO.L , RIO.AX said on Fridayit does not expect to cut jobs in 2019 even though it has deployed automatedheavy-haul trains to cut costs.

* OIL: Oil prices jumped as much as 3 percent on Friday to win back a chunkof the ground they lost in the previous session, but growth in U.S. crudestockpiles and ongoing concerns about the global economy kept markets underpressure.

* The UK blue chip index closed 1.5 percent lower on Thursday as globaleconomy fears snuffed out cheer from Wall Street, where strong U.S. data haddriven a dramatic rebound.

* For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets

TODAY'S UK PAPERS

> Financial TimesPRESS/FT

> Other business headlines PRESS/GB (Reporting by Tanishaa Nadkar in Bengaluru) ((tanishaa.nadkar@thomsonreuters.com; +91 8067491691; Reuters Messaging:tanishaa.nadkar.thomsonreuters.com@reuters.net))


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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