🎁 💸 Warren Buffett's Top Picks Are Up +49.1%. Copy Them to Your Watchlist – For FreeCopy Portfolio

UK Stocks-Factors to watch on Oct 14

Published 14/10/2016, 04:31 pm
© Reuters.  UK Stocks-Factors to watch on Oct 14
UK100
-
SHEL
-
ABG
-
BHP
-
TSCO
-
AAL
-
BHPB
-
EMG
-
ULVR
-
ASHM
-
WMH
-
VANQ
-
RNK
-
NCM
-
HG
-
SOLG
-
TSGI
-

Oct 14 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up 30-34 points, or 0.4-0.5 percent higher on Friday, according to financial bookmakers.

* The UK blue chip index closed down 0.7 percent at 6,977.74 on Thursday, its lowest level in more than a week, just days after setting a record high, with basic-resources stocks selling off as metal prices fell following poor China trade data. TESCO/UNILEVER: Britain's biggest retailer, Tesco TSCO.L , confirmed on Thursday that a pricing row with Unilever ULVR.L had been settled, confirming a statement issued by the Anglo-Dutch consumer goods giant. SHELL: Royal Dutch Shell Plc's RDSa.L U.S. arm has offered more than $26 million for Abengoa SA's ABG.MC cellulosic ethanol plant in Kansas, according to documents filed late Wednesday in bankruptcy court. separate news, the Philippine unit of Shell is set to raise up to 19.5 billion pesos ($403.8 million) as it has priced the country's second-largest IPO this year at the high end of its guidance, its underwriter said on Friday. ANGLO AMERICAN: Anglo American AAL.L is expected to finalise a $1 billion-plus sale of its Australian coal assets to a group headed by private equity group Apollo Global Management APO.N in the coming weeks, three sources with knowledge of the deal said. SOLGOLD: SolGold Plc SOLG.L on Thursday approved a financing proposal by Australia's Newcrest Mining NCM.AX to help it develop a giant copper mine in Ecuador, after the board rejected an alternative package offered by BHP Billiton BHP.AX BLT.L . WILLIAM HILL: A leading investor in British betting company William Hill WMH.L , Parvus Asset Management, said it would oppose any reverse takeover of Canadian firm Amaya AYA.TO , given its "limited strategic logic". ANTOFAGASTA: Chile's environmental regulator on Thursday drew up various charges against the Los Pelambres copper mine for mismanaging water resources and nearby flora, charges which could lead to stiff fines or even closure. BREXIT: European Council President Donald Tusk raised the prospect on Thursday that Britain might ultimately not leave the European Union because it would discover that any form of divorce from the EU will mean a damaging "hard Brexit". CHINA CONSTRUCTION BANK: China Construction Bank (CCB) 601939.SS is looking to build a Chinese metals trading desk in London as part of the expansion started after it bought a majority stake in British firm Metdist Trading, two sources said. BRITAIN DRUGS: Britain's healthcare cost agency NICE, which determines if medicines should be used in the state health system, plans to fast-track its recommendations for the most cost-effective new drugs. For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets

* UK CORPORATE DIARY:

Ashmore Group Plc

ASHM.L

Q1 2017 Asset Under Management

Statement Man Group Plc

EMG.L

Q3 Trading Statement Rank Group Plc

RNK.L

Interim Management Statement Provident Financial Plc

PFG.L

Q3 Interim Management Statement

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.