UK Stocks-Factors to watch on Oct 14

  • Reuters
  • Stock Market News
UK Stocks-Factors to watch on Oct 14
Credit: © Reuters.

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


Ashmore Group Plc


Q1 2017 Asset Under Management

Statement Man Group Plc


Q3 Trading Statement Rank Group Plc


Interim Management Statement Provident Financial Plc


Q3 Interim Management Statement


> Financial Times


> Other business headlines

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

* 3000 Xtra

: visit

* For Top News :

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or