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UK Stocks-Factors to watch on Dec 19

Published 19/12/2017, 04:24 pm
© Reuters.  UK Stocks-Factors to watch on Dec 19
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Dec 19 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 5 points higher at 7,542 on Tuesday, according to financial bookmakers.

* BHP: Global miner BHP Billiton BHP.AX BLT.L said on Tuesday it has taken a preliminary decision to quit the World Coal Association citing disagreement over climate change, and might also withdraw from the U.S. Chamber of Commerce over mining industry rules. BARCLAYS: British bank Barclays Plc BARC.L has submitted an alternative proposal to restructure Seadrill SDRL.OL , the oil rig company said in a U.S. court filing. LONDON STOCK EXCHANGE GROUP: London Stock Exchange 's LSE.L shareholders would meet on Tuesday to decide if its chairman Donald Brydon should be removed, as demanded by activist hedge fund TCI. MILLENNIUM & COPTHORNE/CITY DEVELOPMENTS: Kwek Leng Beng, the Singaporean billionaire attempting to take over Millennium & Copthorne Hotels MLC.L , defended his bid on Monday after a group of investors argued it was too low and sought to block the deal. CENTRICA: Britain's Centrica CNA.L is aiming to produce a total of 56 billion cubic feet (bcf) of gas from its Rough site in 2018, a company spokesman said on Monday. The UK blue chip index closed up 0.62 percent on Monday, restrained by a rising pound, as a global wave of optimism over a U.S. tax bill and the prospect of a coalition to rule Germany lifted stocks and led the MSCI all-country world index to new record highs. For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets

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