UK Stocks-Factors to watch on Nov 29

  • Reuters
  • Stock Market News
UK Stocks-Factors to watch on Nov 29
Credit: © Reuters.

Nov 29 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening 25 points lower at 7,435.9 on Wednesday, according to financial bookmakers.

PALMER&HARVEY: UK cigarette wholesaler Palmer & Harvey has been placed in administration, with accountants PwC appointed to oversee the process, the accounting firm said on Tuesday.

ANTOFAGASTA: Antofagasta PLC ANTO.L sees the global copper market balanced or in a small deficit this year, with the situation continuing into 2018, its chief executive officer said on Wednesday.

TESCO: Tesco 's TSCO.L former UK finance director Carl Rogberg did not coerce and bully employees to manipulate profit figures in 2014, his lawyer told a London court on Tuesday. ROYAL

DUTCH SHELL: Royal Dutch Shell Plc RDSa.L plans to shut a portion of an olefins unit at its Norco, Louisiana, chemical plant next week an overhaul of the heat exchanger, sources familiar with plant operations said.

BRITAIN-EU: Britain and the EU have reached agreement on the size of the Brexit divorce bill, the Daily Telegraph newspaper reported on Tuesday, citing unidentified sources.

GOLD: Gold prices edged higher on Wednesday amid a slightly weaker dollar, while North Korea's latest missile test had little impact on the safe-haven metal. OIL: Oil prices fell on Wednesday on doubts OPEC and Russia will agree an extended crude production cut that the market has priced in, and after a report of an unexpected rise in U.S. fuel inventories. The UK blue chip index closed 1 percent higher on Tuesday, as Royal Dutch Shell RDSa.L surged after a solid earnings update and a Bank of England stress test on banks delivered no nasty shocks.

* UK CORPORATE DIARY:

Motorpoint Group PLC

MOTR.L Half Year 2018 Earnings Release Pennon Group PLC

PNN.L

Half Year 2018 Earnings Release Brewin Dolphin Holdings PLC

BRW.L

Full Year 2017 Earnings Release Impax Asset Management Group PLC

IPX.L

Full Year 2017 Earnings Release Britvic PLC

BVIC.L Full Year 2017 Earnings Release Londonmetric Property PLC

LMPL.L Half Year 2018 Earnings Release RPC Group PLC

RPC.L

Half Year 2018 Earnings Release

TODAY'S UK PAPERS

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