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UK Stocks-Factors to watch on Nov 19

Published 19/11/2018, 05:36 pm
© Reuters.  UK Stocks-Factors to watch on Nov 19
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Nov 19 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 2 points higher at 7,015 on Monday, according to financial bookmakers.

* BHP, BP: Global miner BHP BHP.AX said on Monday it signed an agreement with the Australian Taxation Office (ATO) to settle the transfer pricing dispute regarding its marketing operations in Singapore. RIO TINTO: Nespresso, part of food giant Nestle NESN.S , aims to use sustainable aluminium in all of its coffee capsules by 2020 under a deal with mining major Rio Tinto RIO.L , RIO.AX announced on Monday. JOHNSTON PRESS: Financially struggling British newspaper group Johnston Press JPR.L , publisher of The Scotsman and The Yorkshire Post, has been bought by its bondholders after filing for bankruptcy protection. BHP, BP: BP Plc's BP.L trading arm on Friday entered a tolling agreement with the owners of an idled oil refinery in St. Croix, U.S. Virgin Islands, cementing plans to bring the plant back online six years after it was idled by previous owners, the company said. FASTJET: Low-cost African airline Fastjet FJET.L , which said in September it needed more cash within a month to continue operating, announced a fundraising and equity refinancing aimed at increasing its equity base by at least $40 million. GOLD: Gold prices were steady on Monday, with the dollar subdued after comments from Federal Reserve officials showing caution over the global economy, prompting traders to reassess the pace of future U.S. interest rate hikes. OIL: Oil prices rose around 1 percent on Monday as traders expected top exporter Saudi Arabia to push producer club OPEC to cut supply towards year-end. The UK blue chip index ended down 0.3 percent on Friday, ending a fragile comeback earlier in the session as banks extended heavy losses and bore the brunt of investor worries about Brexit, while multinational companies fell on the strong pound. For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets

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* UK CORPORATE DIARY:

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