UK Stocks-Factors to watch on Dec. 24
Dec 24 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Friday, with futures FFIc1 down 0.1%.
* RIO: Rio Tinto RIO.L plans to pause its lithium project in western Serbia after a municipality in the west of the country scrapped a plan to allocate land for the mine, the Beta news agency reported on Thursday, quoting the CEO of Rio's Serbian arm.
* HSBC: India's L&T Finance Holdings Ltd said on Thursday it is selling its mutual fund operations to HSBC Asset Management Private Ltd for $425 million in order to assist its lending business.
* METALS: Prices of industrial metals were mixed in rangebound Asian trading on Friday, as investors awaited fresh clues on how the rapidly-spreading Omicron coronavirus variant would affect global demand.
* OIL: Oil prices fell on Friday in thin, holiday trade after a three-day rally, with investors trying to gauge the Omicron coronavirus variant's impact on demand.
* UK shares rose on Thursday as markets globally rallied following two research studies that suggested the effects of the Omicron coronavirus variant were less severe than the Delta variant.
* For more on the factors affecting European stocks, please click on:
TODAY'S UK PAPERS
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Reporting by Shanima A in Bengaluru
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