Cyber Monday Deal: Up to 60% off InvestingProCLAIM SALE

UK Stocks-Factors to watch on Oct. 21

Published 21/10/2016, 04:25 pm
© Reuters.  UK Stocks-Factors to watch on Oct. 21
UK100
-
IHG
-
SHEL
-
BHP
-
BHPB
-
CCC
-
TTM
-
HG
-
VALE
-
ACAA
-
IDSI
-
7201
-

Oct 21 (Reuters) - Britain's FTSE 100 .FTSE index is seen down 8 points, or 0.1 percent, on Friday, according to financial bookmakers.

* The UK blue chip index closed up 4.98 points, or 0.1 percent, on Thursday at 7,026.90. Banks helped to support British blue-chips, buoyed by good performance from U.S. lenders in key business areas on a volatile day as the European Central Bank held policy steady. BHP: BHP Billiton BLT.L , BHP.AX Chairman Jac Nasser, one of the most powerful figures in the mining industry, will retire at next year's shareholder meeting, telling investors on Thursday that after a decade on the board, it was time to step down. Brazilian prosecutors charged 21 people with qualified homicide on Thursday for their roles in the collapse of a tailings dam at the Samarco Mineração SA iron ore mine last November that killed 19 people. Samarco, its co-owners Vale SA VALE5.SA and BHP, and Brazilian engineering company VOGBR Recursos Hidricose Geotecnica Ltd which certified the dam's safety, were charged with environmental crimes. NISSAN/UK: Nissan Motor Co 7201.T will make a decision next month on whether to produce the next Qashqai SUV model at its Sunderland plant in Britain following the country's decision to leave the European Union, Chief Executive Carlos Ghosn said on Friday. SHELL: Royal Dutch Shell Plc RDSa.L said on Thursday it is selling $1.03 billion worth of non-core oil and gas properties in western Canada to Tourmaline Oil Corp TOU.TO, the latest example of the global oil major trimming its operations in the region. ROYAL MAIL: Britain is working on selling the private equity portfolio it inherited when it took on the Royal Mail Plc RMG.L pension's assets and liabilities, Bloomberg reported, citing people familiar with the matter. http://bloom.bg/2el7tJd

* BREXIT: Attending her first European Union summit since Britain's vote to leave the bloc, Prime Minister Theresa May tried to reassure EU leaders over Brexit but was told by French President Francois Hollande to prepare for tough negotiations. BREXIT: Britain should not go it alone by adopting its own book-keeping rules after it leaves the European Union, though the global regulations in place could be tailored, the UK's accounting watchdog said on Friday. CONNECTED CARS: Jaguar Land Rover, Ford F.N and Tata Motors TAMO.NS are testing connected cars which can communicate with each other using technology designed to speed up journeys and cut accidents, the first such trials in Britain. UK PROPERTY: A growing number of people are being attracted by the cut-price fees of online estate agents in Britain. The sector has caught the eye of big-name investors like fund manager Neil Woodford and traditional branch-based agencies which once dismissed online rivals are having to react. UK PROPERTY: High-end property developers in London are restricting the supply of homes to prevent further price falls by selling entire apartment blocks to funds for rental, according to agents and investment managers. OIL: Oil prices fell on Friday, pulled down by a stronger dollar, but traders said there were signs that physical fuel markets were tightening after two years of ballooning oversupply. METALS: London aluminium was on track for its biggest weekly drop in seven weeks after record China production fanned supply concerns, while copper was set for a third weekly drop on worries about cooling demand. For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets

* UK CORPORATE DIARY:

Computacenter Plc

CCC.L

Q3 Dechra Pharmaceuticals Plc

DPH.L

IMS InterContinental Hotels Group Plc

IHG.L

Q3 Acacia Mining Plc

ACAA.L

Q3

TODAY'S UK PAPERS

> Financial Times

PRESS/FT

> Other business headlines

PRESS/GB Multimedia versions of Reuters Top News are now available for:

* 3000 Xtra

: visit http://topnews.session.rservices.com

* For Top News : http://topnews.reuters.com

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.