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UK Stocks-Factors to watch on May 24

Published 24/05/2017, 03:37 pm
© Reuters.  UK Stocks-Factors to watch on May 24
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May 24 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up 6 points at 7,491 on Wednesday, according to financial bookmakers.

* Soldiers will be deployed to key sites in Britain to boost security as the country raised its terror threat to the highest level of "critical" following a suicide attack in Manchester that killed 22 people, including children. GLENCORE: U.S. grains trader Bunge Ltd BG.N said on Tuesday it was not in talks with Swiss mining and commodities group Glencore Plc GLEN.L , after the latter said it had made an informal approach to discuss "a possible consensual business combination." SHELL: Royal Dutch Shell Plc RDSa.L has decided to offload a roughly C$4.1 billion ($3 billion) stake in Canadian Natural Resources Ltd CNQ.TO that it acquired as part of a deal to retreat from Canada's oil sands earlier this year, people familiar with the situation told Reuters. RIO TINTO: Ex-Rio Tinto RIO.AX , RIO.L chief executive officer Sam Walsh said on Wednesday he does not 'fear the truth' of investigations into millions of dollars in payments made in 2011 to help secure iron ore mining acreage in Guinea, Australian media reported. BHP BILLITON: BHP Billiton BHP.AX , BLT.L is seeking environmental approval to dig two new mines to extend the life of its Nickel West unit in the state of Western Australia, which is facing a shortfall in ore supply. The UK blue chip index closed down 0.15 percent at 7485.29 on Tuesday, as losses among miners more than offset stronger banks.

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

* UK CORPORATE DIARY:

Mitie Group PLC

MTO.L FY Vedanta Resources PLC

VED.L Preliminary FY Pennon Group PLC

PNN.L FY Britvic PLC

BVIC.L Interim Results Great Portland Estates PLC

GPOR.L FY Mediclinic International PLC MDCM.L FY

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